First Home Buyer Loans in Australia

Looking for honest, reliable advice about buying your first home?   That’s where we come in.  Your local mortgage broker Sydney will use their years of experience in home loan markets to find you a great home loan with no fuss.

Making your dream become a reality is what we pride ourselves on.  We know that buying your first home is a big deal for you, so we take the time to understand your needs and then find great Sydney home loans to match.

Choose from a range of first mortgage options:
•    Variable Rate Home Loans
•    Fixed Rate Home Loans
•    Honeymoon Home Loans
•    Low Doc Loans
•    Construction Loan

Which ever loan you choose, we will ensure that it is right for you, with easy repayments and all the features you need.  We can compare interest rates and lenders to ensure you are getting a great deal.  Carefully considering each home loan takes a long time.  Most mortgage brokers have a computerized system which allows for effortless and fast checks, meaning that you can assess each home loan product easily.  A good mortgage broker will listen to your property dreams and asses your financial situation before showing you which types of home loans would work best for you.

There is government assistance for first homebuyers. The First Home Buyers Savings Account (FHSA) is a new scheme, and the First Home Owners Grant (FHOG) is still available.  To be eligible for both schemes you must be between 18 -65 years of age and have not previously purchased or built a first home in which to live.

First Home Owners Grant
The first home owners grant of $7,000 is available to eligible first home buyers and is available for people buying an established home or building a brand new home.

The grant is designed to help first home buyers onto the property ladder.

First Homebuyer Savings Accounts
The scheme is aimed at helping first home buyers get into the market.  For every dollar put in to the account, the Government will put in 17 cents – up to a maximum contribution of $850 a year – and account holders can withdraw funds only four years with contributions of at least $1000 a year.  The overall account balance will be capped at $75,000. The funds must be used to purchase a property.  Should you decide not to use the savings to buy a property, the money will be transferred to your super plan.

You can find out more about loans for first home buyers and changes to the First Home Buyers Grant by talking to your local mortgage broker or by visiting http://www.firsthome.gov.au/