How to choose a first home loan that would make a mortgage broker jealous

Rates and Fees verified correct on April 28th, 2017

Buy your first home with the right facts and the right home loan.


If you're a first home buyer, you don't have the luxury of time or money to choose the wrong home loan, so we've saved you the trouble and distilled our home loan knowledge into a guide which goes through comparing and applying for a home loan all the way up to what grants are available.

Learn from the collective wisdom of one of Australia's largest comparison services and keep more of your money and time for the things you want to do.

Scroll down to see current loan offers or scroll below this to start reading the guide.

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NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier)

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NAB National Choice Package 2 Year Fixed home loan offers a low fixed interest rate package home loan with no application fee.

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  • Minimum borrowing: $150,000
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CUA Fresh Start Basic Variable Home Loan - Owner Occupier

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NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier)
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3.98% 4.97% $0 $395 p.a. 95% Go to site More info
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A competitive no frills home loan with no application fees for a limited time. NAB Rewards Points offer available, terms and conditions apply.
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Aussie can save you time and effort by helping you research, organise and apply for your home loan. They compare thousands of home loans to help find the right deal for you. Fill out the form on the left and an Aussie Mortgage Broker will meet you at a time of your choosing to discuss your needs and help you find the right home loan.

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How to compare first home buyer home loans

Once you've decided to purchase your first home, you'll need to obtain finance. This can be done before purchasing a property with pre-approval, or once you've found a property. You'll apply for your desired loan amount, and your lender will decide to grant you the loan or will reject your application.

Because of the competition in the home loan market, there are thousands of different loan products available. Deciding which one to apply for can be tricky unless you follow a procedure like the one below.

A good baseline way to compare the various types of home loans listed below is to use the key facts sheets which lenders are required by law to provide.

A key facts sheet will include information such as:

  • The basic features of the loan such as interest and comparison rates, interest type, term of the loan, loan amount and repayment frequency.
  • The total amount you’ll pay back over the course of the loan
  • The establishment and ongoing fees applicable to the loan
  • How much you’ll repay each month and each year
  • How much extra you’d pay if your rates increased by a 1% p.a.
  • The difference putting an extra $200 a month towards your loan would make on the loan term.

A key facts sheet can help you sort through the advertising and get through to the bare essentials a loan has. It doesn’t explain all of the major features a home loan might come with, so be sure to also get acquainted with these further below.

Types of home loans for first home buyers

The next step to selecting a home loan is knowing the different types which can be found in the market. Many of us know about the standard principal and interest and interest-only loans (if you don’t we’ve got you covered below), but there are a huge range of loans you may encounter on your first walk through, and it literally pays to know what they are.

Principal and interest home loans

A loan principal is the amount you’ve actually borrowed, whereas the interest is the charge you pay for borrowing the funds. Principal and interest loans make up the majority of Australian home loans, and put a portion of each repayment you make to pay off the interest due and also some towards paying off the principal.

As you pay off your principal, there’ll be less interest due, so more of your repayments will go towards the principal.

The example below shows the proportion of your repayment that goes towards paying off interest and the principal in the first year, compared to how this changes in the 15th year. Note how the amounts which go towards paying off your principal greatly increase as the loan term increases. This is how a loan is eventually paid off.

Compare Principal and Interest Home Loans

Interest-only home loans

Interest-only loans will see none of your repayments go towards the principal, but rather completely to the interest that’s due. This means your loan will never get smaller, but also means your repayments will be smaller than with an equivalent principal and interest loan.

If paying off a home is your aim, interest-only loans may see the process lengthened, and may see you pay more interest than with an equivalent principal and interest loan.

Compare Interest Only Home Loans

Low doc loans

Applying for a regular, or ‘full documentation’ loan involves providing information about your income and assets. This will include recent payslips, letters from employers, proof of income including from rent, shares, government and superannuation, your assets and your debts.

A low doc loan won’t require as much of this information, making it easier to obtain for borrowers who are self-employed or investors who don’t have the ability to show a regular income. They generally have higher interest rates or will require a larger deposit.

Compare Low Doc Home Loans

Construction loans

If you elect to purchase vacant land and build a home, or extensively refurbish an existing home, then you may need a construction loan. Constructing a home will require funds at different stages along the building process, so this loan allows you to progressively get access to money when you need it, otherwise known a a ‘drawdown’. Because you're only using funds as you need them, interest is only charged on amounts you've drawn down, and therefore you can save money.

Read through all the fine print on these loans, as the construction process is vulnerable to delays and cost increases which may need to be taken into account. Also be sure that your loan will allow the number of times you’ll need to withdraw funds to pay your builder.

Compare Construction Home Loans

Other loan types

There are other loan types, such as bridging loans which are useful when selling one property and buying another, equity release loans which allow you to access the equity you’ve built up in your property and use it, and finally line of credit loans, which merge your home loan with your daily spending and saving.

These loan types are for obvious reasons not usually applicable to those selecting their first loans.

Rent to buy

A rent to buy scheme sees you sign both a rental agreement and an option to buy a property. The rental agreement will usually see you pay an above market rental rate which is held by the vendor and slowly builds up to form a small deposit.

You then use this deposit when the agreed time comes to purchase the property, and usually get a conventional home loan to pay the remainder of the purchase price.

There are two important areas of concern with rent to buy schemes. The first is that during the rental period you have no rights to the property, which means if there are any unforeseen circumstances and you can no longer pay rent you could stand to lose the additional money you’ve put into the property.

Another way you can lose the extra money you put into a rent to buy property during the rental period is by failing to get a loan when it comes time to purchase the property.

Vendor finance

Vendor financing and rent to buy schemes are largely put in the same bag, although they are different.

Vendor financing is simply when a vendor offers you finance to purchase their property. The key difference between a regular loan is that you don’t own the property until you pay the full amount off. This means any equity you build up through paying the vendor isn’t released until you get ownership of the property.

If the vendor loses their property you’ll also lose the ability to later own it, requiring legal action. In addition, interest rates are generally higher.

Definitions of commonly used home loan terms

Key term Definition
PrincipalThis is the total amount you've borrowed from a lender
InterestInterest is the cost of borrowing, paid to your lender as a percentage of the loan principal per year.
Loan termThis refers to the length of time you have to repay the loan
Repayment frequencyHow often you'll be paying off your loan. Either weekly, fortnightly or monthly.
Loan-to-Value Ratio (LVR)An LVR = (loan amount ÷ property value) x 100. This gives a figure of the loan as percentage of the property's value. Calculating an LVR before attempting to purchase will help determine the minimum deposit required.
Lender's Mortgage Insurance (LMI)LMI is the upfront premium that is payable when borrowers have an LVR of 80% or more. This covers the lender in the event of your default.

Common loan features

Even once you’ve chosen what loan type you’re after, there are a number of features in addition to the interest rate and fees you’ll pay which will complete the comparison phase. Some of the more common features offered on a home loan are explained below:

    • 100% offset account. A 100% offset account is linked to your home loan and allows any funds in the account to cancel out, or ‘offset’ some of the interest due on the outstanding loan amount.
    • Additional repayments. Many loans offer the option to put extra money towards paying off your loan, and extra repayments can help to reduce the loan term quicker and the interest you pay. Some variable rate loans and most fixed rate loans will have a maximum amount of extra funds you can put towards your loan each year, while others may not allow any amount of additional repayments to be made. Find out how much you could save by paying extra.
    • Redraw. A redraw facility allows you to get access to any additional repayments you’ve made on your loan. Redraw facilities are generally offered on many loans, and are a good feature which allows for flexibility to get access to funds in the event you need them. Read the fine print on your loan, as some will have a minimum amount you can redraw at any one time.
    • Loan portability. Selling a property and then buying another usually requires the closing of one loan and the opening of a new one. Loan portability is an option that allows you to keep your loan and simply transfer it over to the new property, meaning you can avoid paying fees such as application fees or cancellation costs. This option typically has a number of requirements, such as keeping the loan amount the same and carrying out the exchange and settlement of both properties on the same day and same time.
    • Repayment frequency. Each repayment you make will get you closer to paying off your loan, and the frequency at which you make them is another choice you can make with most home loans. Most loans allow for weekly, fortnightly and monthly repayments, so you can choose to pay it off in a way that suits your income.
Did you know?

If you specify to make bi-weekly loan repayments (two repayments per month), you can squeeze an extra repayment in each year and pay your loan off sooner. Find out the tricks involved in fortnightly repayments.

  • Repayment holiday. This feature is exactly what it sounds like, an opportunity to take a break from making repayments. It can be useful during times of financial stress, and can allow a break of three to as much as 12 months. It should be remembered that the payments you miss out on are still payable later, and you’re still charged interest on the loan for this period.You won’t have to pay this interest during the holiday, but rather it’ll be added to your outstanding loan balance and will begin to be paid through your repayments when you start to make them again. This could mean your repayments are increased to see that you still pay off your loan in the agreed time.
  • All in one account. Some loans allow you to merge your mortgage, savings and cheque accounts together, often with a credit card also being part of the account. This gives the advantage of consolidating your debts and being able to put your salary and other income into the account to reduce the interest payable. Many all in one accounts charge a higher interest rate and have higher entry fees.
  • Salary crediting. This feature simply refers to the ability to have your salary directly paid into your home loan account.

How much can I borrow?

Your borrowing capacity is how much you can borrow to purchase your first home, also known as borrowing power. There are a number of different factors to be taken into account, and the amount that you can borrow can change from lender to lender.

To get a general idea of approximately how much you may be able to borrow, you can use our home loan calculator. This should give you an idea of your monthly repayments and help you to work out what price range you should be shopping within. A complete assessment based on your personal situation of how much you will be able to borrow can be given to you by your bank or a mortgage broker.

What are the best first home buyer loans?

With property being so expensive in many parts of Australia, it's no wonder this is a popular question. While there's no one 'best' type of home loan for first home buyers, there are a couple of features which might be more appealing to you if you're trying to get into the market. While these are explained in more depth further down on this page, here's a brief checklist:

  • A high maximum LVR. An LVR simply refers to the amount you can borrow as a percentage of the property value, and is usually limited at 80%, or as much as 95% if you're prepared to pay the extra LMI fee. A 95% LVR means you can borrow 95% of the value of the property, requiring you to come up with at least a 5% deposit. An LVR of 80% would see you require a deposit of 20%.
  • Guarantor options. A guarantor is simply a family member willing to put a portion of their property on the line as security to help you piece together a deposit. Say you only have a deposit of 5% of the value of the property, and want to bump it up to 20% so you don't have to pay LMI, your parents could guarantee this 15% of the loan with their property. If you failed to pay your home loan, they would be liable for this 15%.
  • Minimal fees and low rates. If you're struggling to afford a property, you might want to keep costs down as low as possible. This means home loans with minimal upfront or ongoing fees, and one with a low interest rate.
  • Good customer service. If this is your first property and first home loan, you might want some expert advice to help you manage your loan better and be there in times of stress or emergency. For this reason you might want to select a lender with a proven track record of having great customer service. You can do this by checking independent review websites such as

What's the minimum home loan deposit I'll need to buy my first home?

Just as there are a number of different factors when taking into consideration how much you can borrow, working out what the deposit requirements are for a first home buyer can change depending on the lender you choose and the type of home loan you have or are looking at.

As a general rule, you'll usually be required to have 20% of the total purchase price of the property to use as your deposit.

The other upfront costs of buying a property, such as stamp duty, can reduce the total amount of deposit you're able to put towards your home loan, so make sure you factor this in when calculating how much of a deposit you really have.

Don't be put off by the prospect of having to save so much money to cover your deposit, though. First home buyers may be eligible for various grants that may help to cover some of the other fees associated with buying your home.

Will I avoid LMI with my deposit?

If you have less than a 20% deposit your lender will require you to take out Lender's Mortgage Insurance (LMI). LMI covers your lender in the event that you default on your home loan, and can cost several thousands of dollars depending on how much you're borrowing and the size of your deposit.

The least you'll be able to borrow even with LMI is 5%, and LMI costs for a loan where you only have a 5% deposit can be high.

Can I borrow 100% of the property price as a first home buyer?

Since the GFC, the days of no deposit home loans are now behind us. Now, the only way you can borrow with no deposit is with a family guarantee.

In some cases, with a family guarantor you can borrow 100% of the property purchase price. This involves your parents or another close family member guaranteeing a part of your loan with their own property. If you need a deposit of say $50,000 your guarantor can guarantee just this portion of your loan. In the worst case scenario that you can't pay the loan off, your guarantor is responsible for paying off this portion of the loan.

Compare low deposit home loans

What are the other home loan requirements for first home buyers?

As mentioned above, you'll need a deposit of at least 20% if don't want to pay LMI, or at least 5% if you're prepared to shell out for this extra cost.

There are also other general home loan eligibility requirements you'll want to be aware of, such as:

  • Your income must be high enough to service the loan you want. Your lender will use a serviceability calculator to work out how much you can actually afford to pay off. You can also use our borrowing power calculator to find out how much your income could allow you to borrow.
  • You must be over 18. Most lenders will require that you're over 18 to apply for a home loan.
  • Be a permanent resident of Australia or a New Zealand citizen, or a temporary resident with FIRB approval. This will depend on the lender, but you'll usually have to be one of these types of borrowers to be eligible to apply for a home loan in Australia.

The First Home Owner Grant

Australian citizens and permanent Australian residents may be eligible to receive the First Home Owner Grant if they are buying or building their first home. Whilst your income and age do not restrict eligibility to receive the First Home Owner Grant, there are still criteria that need to be met.

In most states and territories of Australia there is a cap on the maximum purchase price of the property you can buy and still be eligible for a payment from the First Home Owner Scheme. The amount you'll receive for your First Home Owner Grant will vary from state to state in how much you will receive and if you are eligible so you should always ensure that you are referring to information specific to the state you are buying your first home in.

You may also be eligible for an additional Grant if you choose to build your first home or buy off the plan. Again, the amounts available will vary from state to state so it's worth checking with your own state's revenue department to be sure. Read our quick facts guide here

How do I know if I am eligible for the First Home Owner Grant?

Your state's revenue department should have a complete listing of any prerequisites and requirements you need to fulfil in order to qualify for the First Home Owner's Grant.

The property must also be your primary place of residence; that is you need to live at the property in order to be eligible for the First Home Owner Grant. This means that it must be your intention to live continuously at the property within twelve months of settlement and then live there for at least six months as your permanent residence.

Read our guide to the First Home Owners Grant

Are there any other grants I may be able to get?

The First Home Owner Grant is a federal initiative. Each state has their own different schemes and initiatives to help make the purchase of your first home more affordable. Your bank's lending representative, your mortgage broker, or your conveyancer may be able to help you find out what these initiatives are, if you are eligible and how to access them.

Alternatively, you can check with your individual state's revenue department to see if they offer other initiatives for first home buyers.

What is stamp duty and how much will I need to pay?

Did you know?

Stamp duty originally was a physical stamp that had to be included on a document before it was legally verified

Stamp duty is an upfront, state based tax that is levied on the purchase of property. It is important to take stamp duty into account when budgeting for your new home. As stamp duty is a state levy, the amount you need to pay will vary from state to state or territory, using different rules and calculations.

The cost of stamp duty can be quite significant and you should always determine how much the stamp duty will be when you are looking at buying any property. A good stamp duty calculator can help you determine how much you will need to pay so that you can account for it when budgeting to purchase your first home.

About stamp duty calculator

Can I buy a house at auction for my first home?

You most certainly can but buying your first home at auction can present its own issues. The main problem for first home buyers purchasing their home or land for their first home at auction is that they must have funds ready to complete the purchase of the property on the day without waiting on finance.

If yours is the winning bid at the auction, you must have the deposit ready to pay on the day. Auction sales are unconditional so you are not able to cancel the contract if your loan approval from your lender is declined.

For this reason, you should consider applying with your chosen lender for a Pre-Approval. This is simply a conditional approval where your lender assesses whether you're able to afford the repayments based on your income and deposit amount, but your approval will be subject to them conducting a valuation on the property you're buying. Once you have your purchase contract signed, you hand it to your bank for them to move your approval through to the formal approval, or unconditional approval stage and get it ready for settlement.

Tips for buying at auction

How does cooling off relate to buying property?

The cooling off period is the time in which you can take a moment to step back, go over the contract, seek advice, think about your decision, and walk away if you change your mind. Most people have in their life made purchases that they regret and wish they could take back to the store but can't. It's one thing to buy a pair of shoes on impulse that stretches you a bit tight until your next pay day, but it's quite another to buy a house or property on impulse which can affect your entire life.

The cooling off period when buying real estate is generally two working days after the date you signed the purchase contract. It may not be applicable in all situations, however (such as buying at auction). The cooling off period should not be used as a catch all solution if you are unsure if you should buy the house or property. If you have any doubts, find out if there is a cooling off period and if possible, talk to your bank representative or your mortgage broker or even to your legal advisor before making any decisions.

Find out about cooling off periods

New home? Is it worth considering life insurance?

For many first time home buyers, buying your first home and taking out a mortgage is also a time to consider the protection you have in place to cover your financial obligations. Life insurance and income protection can help guard your mortgage repayments in the event that you pass away or are unable to work due to illness or injury. Buying a home is a massive financial commitment and While it is never a pleasant thought to have, the last thing you would want to happen is to leave those you love with a mortgage debt if you were to pass away. If you are looking to buy your first home, it might be worth reviewing your current life cover or taking out a new policy to ensure the right support is there.

Receive a quote for life insurance

Where to from here?

Comparing the interest rates and fees associated with a home loan round out the different ways to compare and select a home loan. One way to do this is through the comparison rate, which is a rate which by law must be included next to the advertised rate on every Australian home loan.

Selecting your first home loan shouldn’t be difficult, but it should be comprehensive. Decide on what type of loan you’re after, the features you’re looking for, and then finally take a look at the interest rates, fees and charges on the loans you’re interested in before you sign the application form.

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This page was last modified on 6 April 2017 at 11:42am.

HSBC Home Value Loan - Resident Owner Occupier only

Enjoy the low variable rate with $0 ongoing fee and borrow up to 90% LVR.

NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier)

A fixed rate package loan with flexible repayments options. NAB Rewards Points offer available, terms and conditions apply.

IMB Budget Home Loan - LVR <=90% (Owner Occupier)

A competitive budget rate without any unwanted bells and whistles.

Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤85% ($150K+ Owner Occupier)

Discount off an already competitive interest rate for loans over $150k. NSW, QLD and ACT residents only.

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42 Responses to How to choose a first home loan that would make a mortgage broker jealous

  1. Default Gravatar
    Kathey | April 19, 2017

    What is the best search engine in the world?

    • Staff
      Harold | April 19, 2017

      Hi Kathey,

      Thank you for your inquiry.

      Unfortunately, we cannot recommend what is best for you. Our company is a financial comparison website and general information service designed to help consumers to make a better decision. Please note we do not represent any company we feature on our pages.

      If you are looking for home loan comparison you may want to consider the following options. Please note that most lenders would require 20% deposit if you’re taking a regular home loan. However, there may be options in the market that you can compare, please refer to the pages below:

      1. Cheapest home loans
      2. Low deposit home loans – Although you may have to get a guarantor for this type of loan
      3. First home owners grant – If it’s your first time to buy a home, then you may also check if you’re qualified for a grant in your local state.

      Alternatively, you can reach out to a mortgage broker who will take all your circumstances into account and offer you a range of lending options.

      I hope this information has helped.


  2. Default Gravatar
    Glenda | February 5, 2016

    As a first home buyer, can I buy an investment property, and then when time is right buy a personal living home and qualify for the first buyers home loan on this property?

    • Staff
      Marc | February 5, 2016

      Hi Glenda,
      thanks for the question.

      The exact requirements and eligibility will depend on what state you’re buying in. Some states do not allow this, such as NSW and QLD, but others, such as WA, TAS, SA, NT and ACT allow this in some circumstances.

      I hope this helps,

  3. Default Gravatar
    Jess | September 2, 2015

    Hi, I’m on single parenting payment and I was wondering if it was possible to get a home loan of some sort? I’ve read about something about FTB. My daughter is one and I am looking for a job.

  4. Default Gravatar
    david | July 13, 2015

    we are inquiring for our daughter to see if it is possible for her to get a loan to purchase a home She is on a Carers payment as a single mother with 3 autistic kids. She a part time job with a taxable income of $30 000pa. She is currently paying $720 pm rent, owns her car has a credit card debt of $9 000. Has an excellent credit history. She lives in country Victoria and would be looking at houses in the $120k – 140k range

    • Staff
      Belinda | July 14, 2015

      Hi David,

      Thanks for your enquiry.

      Please note that is an online comparison and general information service, and we don’t offer home loans ourselves.

      Generally, lenders will require someone on a carer’s allowance to have an additional source of income to meet their mortgage repayments. However, lenders do treat these applications on a case-by-case basis and ultimately they will assess your daughter’s ability to service the loan without incurring undue hardship.

      However, your might be interested to read and compare home loans suited for those on a single income, as well as loans suited for Centrelink recipients.

      I hope you find this useful.


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    Peter | May 19, 2015

    Hi there,

    My wife and I are considering buying our first home. We have a fairly good deposit, around 40% of the property value.
    The problem is we are employed under ABN which means we issue invoice to be paid up by our boss. Just wondering in this case, are we eligible for a home lone? Of course we can get the employment letter from our boss and the bank statement showing all the wage payment.

    Thanks for your help.

    • Staff
      Marc | May 25, 2015

      Hi Peter,
      thanks for the question.

      Most lenders will accept this as a form of income, although they may require you to apply for a low doc home loan. I would recommend contacting a mortgage broker to help you shop around for the best deal for your situation.

      I hope this helps,

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    Melissa | April 13, 2015


    My partner has just finished his bankruptcy and would like to buy a home .. He has a small deposit and has not had the first home grant . He has always worded and is on roughly $80k per year .

    Is there anyone who would be able to help him?

    • Staff
      Marc | April 13, 2015

      Hi Melissa,
      thanks for the question.

      Unfortunately, the bad credit lenders and brokers currently on our panel do not cater to first home buyers, although there may be some lenders and brokers in the wider market which can help. I suggest conducting a search of home loan lenders who can offer discharged first home buyers a home loan.

      You might also want to read our guide on home loans for discharged bankrupts to learn some tips for applying.

      Note that regular lenders will require borrowers to wait for up to 7 years for the bankruptcy listing to be removed from your file, while other specialist lenders can grant home loans to those with these listings on their file.


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    Blaise | January 26, 2015

    Do you know how it is possible to get a home loan on an existing relocatable home in a relocatable home village?

    So you own the home not the land. Thanks

    • Staff
      Marc | January 27, 2015

      Hi Blaise,
      thanks for the question.

      I would recommend contacting a mortgage broker for this situation, as they will be able to tell you which banks would consider this kind of home for a residential home loan. Alternatively, they may suggest a personal loan depending on the circumstances.


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    jeff | January 20, 2015

    hi my wife and I HAVE $134,000 given to us from a will.
    What I wanted to know was we are in a nsw gov house, if we buy a house do we pay stamp duty.
    As the house we are looking at is $320,000.
    As I Don’t think we could still live in gov house still if we have too much money in bank.
    i work 20 hrs a week my wife earns $49.000 before tax.
    thanks jeff

    • Staff
      Shirley | January 21, 2015

      Hi Jeff,

      Thanks for your question.

      Please be advised that there are currently no benefits (grants or exemptions from duty) available to first home buyers who purchase an established property.

      If you’re purchasing a new property then you may be eligible for a stamp duty exemption.


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    justin | July 28, 2014

    hi need info . i care for my disabled mum who is deaf and diabetic . we rent a farm and it has been sold we have 90 days to move . how do i try to buy a home i found one the cost is 150.000 . and i will be able to get the first home grant .im a carer for my mum .

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      Jo | January 2, 2015

      If you are a post-graduate student on a tax-free scholarship that will continue for the next 2 years and have no bad credit history, is it likely that you will qualify for a home loan? Or do most lending institutions not count scholarship earnings as part of your income?

    • Staff
      Marc | January 5, 2015

      Hi Jo,
      thanks for the question.

      Unfortunately as each lender is different, the answer to this will depend on a range of factors. Generally speaking, most lenders will want to see an income coming from full, casual or part time employment. I’d recommend contacting a mortgage broker for information about what lenders might consider scholarship incomes.

      I hope this helps,

    • Staff
      Shirley | July 29, 2014

      Hi Justin,

      Thanks for your question.

      Please see our first home buyer guide. You may be eligible for the FHOG as well, please see this page for more information.


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    amanda | June 17, 2014

    Can you the first home owners grant towards your deposit with any bank?

    • Staff
      Shirley | June 18, 2014

      Hi Amanda,

      Thanks for your question.

      Yes you can use the FHOG towards any home loan, as long as you’ve satisfied the conditions for it.


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