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Let our award-winning mortgage brokers help you buy your first home
Will I get approved?
Use our First Home Loan Deposit Scheme Eligibility Calculator to find out if you’re eligible
Disclaimer: This calculator can help you determine whether or not you could be eligible for the First Home Loan Deposit Scheme. However, it only acts as general guidance as to the various eligibility criteria but does not constitute a determination of eligibility.
Limited Scheme places available!
10,000 new Scheme places became available on 1 July 2020.
However, due to the limited number of places, roughly only one-in-ten first home buyers will be able to avail the Scheme.
Did you know that 3,000 Scheme places released on January were filled in just over 7 days?
Don’t miss out this year. We’re now reserving Scheme places for our customers subject to availability.
Reserve your Scheme place now!Who is the best lender for the First Home Loan Deposit Scheme?
There are 27 participating banks and lenders to choose from, and since each lender will apply their own lending criteria before approving you for the home loan – the choice becomes paramount.
Moreover, each first home buyer’s situation will be different, that means each borrower will be better suited to a different lender.
Some of the areas where lender policies differ are:
- Genuine savings;
- Borrowing power including living expenses and income assessment;
- Credit score;
- Property postcode etc. anyone of these could see your application getting knocked back.
Our specialist mortgage brokers can be the difference between you getting approved or getting knocked back.
Talk to our experts and achieve your dream of homeownership.
How we find you the right solution
We get a complete understanding of where you’re at and what your ultimate goals are.
You’ll get a recommendation in just 3 easy steps.
Step 1
Enquire online
or call us
Step 2
We assess
your situation.
Step 3
We find you the
most suitable loan.
We’ve lent more than $2 billion Australia-wide.
Testimonial from a first home buyer
Recently, we were approved for a loan all due to the hard work Preeti put into helping us secure our first family home. Preeti went above and beyond normal working hours and weekends to help us along the process.
– Vanessa, Elwood, Melbourne