First Home Buyer Loans

Your Journey Starts with Finco Capital

Purchasing your first home is one of life's most memorable milestones. At Finco Capital, we specialise in turning that dream into reality for first home buyers. We understand the process can be intricate, which is why our expert mortgage brokers are dedicated to guiding you through every step.

From assessing your borrowing capacity to navigating first home buyer grants and schemes, we simplify the journey. With access to a broad panel of lenders, we secure competitive home loan options and provide clear, straightforward advice to ensure you step confidently into your first home.

Your Path to Homeownership

How We Support First Home Buyers:

Understanding Your Finances: We begin by evaluating your financial situation to determine a comfortable borrowing limit.
Government Grants & Schemes: We help you access benefits such as the First Home Owner Grant (FHOG), stamp duty concessions, and the Home Guarantee Scheme, significantly reducing your required deposit.
Loan Pre-Approval: Securing pre-approval empowers you in a competitive market. We manage applications to get swift decisions.
Finding the Right Loan: Leveraging hundreds of lender products, we find home loans with optimal features and interest rates matched to your goals.

Why Choose Finco Capital as Your First Home Buyer Expert?

Dedicated Support: We educate you on deposit strategies, loan features like offset accounts, and the entire buying process.
Maximise Benefits: Our team ensures you don't miss any available grants or stamp duty savings.
Extensive Lender Panel: We collaborate with major banks, credit unions, and specialist lenders for broad choice and approval prospects.
Streamlined Process: We handle stress-inducing paperwork and lender negotiations, making home ownership as seamless as possible.

Check Your Borrowing Power Book a Free First Home Buyer Consultation

Frequently Asked Questions

What government assistance is available?

First home buyers can access programs including state-based First Home Owner Grants and the federal Home Guarantee Scheme, allowing eligible buyers to purchase with deposits as low as 5% without paying Lenders Mortgage Insurance (LMI). Stamp duty concessions also apply.

How much deposit do I really need?

While 20% is ideal to avoid LMI, many schemes facilitate purchases with as little as 5%. We tailor strategies based on your finances and lender policies.

What interest rates can I expect?

Rates are competitive and depend on loan type, deposit, and financial situation. We negotiate on your behalf to secure the best rate available.

How long does the process take?

Pre-approval typically takes 3-5 business days after document submission, with full approval in 2-4 weeks once a property is found.

What's the difference between variable and fixed rates?

Variable rates fluctuate with the market providing flexibility; fixed rates lock repayments for set terms offering certainty. We help you choose what fits best.

What is Lenders Mortgage Insurance (LMI)?

LMI is a premium protecting lenders when deposits are under 20%. We explain costs and help minimise or avoid it where possible.

Disclaimer

This information is general and not personalised advice. Always consult professional advisors. Loan amounts, interest rates, fees, and terms vary by lender and are subject to credit approval. Rates cited are illustrative as of July 2025. Final terms are confirmed upon full application.