First Home Buyer Loans

• Working out your borrowing capacity and what repayments would realistically look like

• Checking your eligibility for low deposit schemes, grants, and stamp duty exemptions

• Navigating family guarantor loans, using a parent's home equity as security to help you borrow without needing a full deposit or paying Lenders Mortgage Insurance

• Explaining loan types, deposit requirements, and Lenders Mortgage Insurance (LMI)

• Comparing lenders to find a loan that actually fits your situation, not just the first offer you get

• Guiding you through pre-approval, formal approval, and settlement, start to finish

• There's more support available to first home buyers than most people realise, including:

• Low deposit schemes, government-backed options that can help eligible buyers purchase with a smaller deposit than the traditional benchmark, often without paying Lenders Mortgage Insurance

• Family guarantor loans, using a parent's home equity as additional security, which can reduce or remove the deposit you need and avoid LMI altogether

• First Home Owner Grants, one-off payments for eligible buyers building or purchasing a new home

• Stamp duty exemptions or concessions, many first home buyers are eligible for a reduction or exemption on stamp duty

I've done this before, a lot. First home buyers are one of the most common situations I work with, and I know where people typically get stuck, deposit gaps, understanding LMI, or not knowing which schemes they actually qualify for.

You get me directly. No call centre, no rotating staff, the same person from your first question through to settlement day.

I'll tell you what's realistic. Sometimes that means you're ready to move now. Just as often, it means putting a plan together, what needs to happen over the next six or twelve months to get you there, and what that actually looks like in practice. Either way, you'll know exactly where you stand and what the path forward is.

• How much deposit do I actually need? It depends on the scheme, lender, and your circumstances, low deposit schemes and family guarantor loans can both reduce what's needed well below the traditional benchmark. I can talk you through what's realistic for your situation.

• What's a family guarantor loan, and how does it work? It uses a portion of a parent's home equity as additional security for your loan, instead of you needing a full deposit yourself. It can also help you avoid Lenders Mortgage Insurance. It's a bigger decision for the guarantor too, so it's worth understanding fully before deciding if it's right for your family.

• What's Lenders Mortgage Insurance (LMI), and do I have to pay it? LMI protects the lender (not you) if you default on a loan with a smaller deposit. Depending on your eligibility for low deposit schemes or a family guarantor arrangement, you may be able to avoid it altogether.

• Can I combine a grant, a low deposit scheme, and stamp duty exemptions? In many cases, yes but eligibility depends on your specific circumstances and the property you're buying. This is exactly the kind of thing worth checking with me directly before you start looking at properties.

• How much can I actually borrow? Try my borrowing capacity calculator for a rough estimate, then book a free chat for an accurate picture based on your situation.