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First Home Buyers
At F.I.R.E Finance, we know saving a 20% deposit isn’t easy. That’s why we help first home buyers get into the market faster, using government grants, incentives, and smart strategies tailored just for you.
Your First Home Made Easy
Buying your first home is an exciting milestone, full of dreams and aspirations. It’s also a complex journey that requires careful planning, financial insight, and expert guidance. Many first home buyers face a maze of loan options, documentation, and decisions—but that’s where F.I.R.E Finance comes in. We make your path to homeownership smooth, informed, and stress-free.
Based in Brisbane, F.I.R.E Finance offers home loan support to clients across QLD, NSW, VIC, and SA, helping first home buyers access grants, incentives, and government programs designed to make your first property purchase achievable. Our tailored approach ensures you receive personalised guidance every step of the way—from understanding financial jargon to making confident, informed decisions.
Maximise Your First Home Buyer Benefits.
We specialise in helping first home buyers leverage government initiatives such as the First Home Owner Grant (FHOG) and the Home Guarantee Scheme. The FHOG provides a financial boost to ease the initial cost of purchasing your home, while the Home Guarantee Scheme allows buyers to enter the market sooner with a smaller deposit. Our experts ensure you take full advantage of these opportunities, giving you every possible advantage.
Recent Changes to the First Home Guarantee Scheme (from 1 October 2025):
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No place limits: All Australian first home buyers with a 5% deposit can apply.
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No income caps: Higher-income buyers are eligible.
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Higher property price caps: Supports buyers in areas with rising property prices.
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Simpler regional access: Regional First Home Buyer Guarantee replaced by the First Home Guarantee.
Buying your first home doesn’t have to be daunting. At F.I.R.E Finance, we provide personalised advice, market insights, and hands-on support to make your first home journey exciting, manageable, and rewarding. Book a strategy session today to find out how to access the Home Guarantee Scheme and get into your first home sooner.
FAQ
What does a mortgage broker do? A mortgage broker helps you compare and secure the best loan from a wide range of lenders. We handle the research, paperwork, and negotiations to make the finance process simple and stress-free.
How much does it cost to use a mortgage broker? Our service is free for most clients. We’re paid a commission by the lender once your loan settles — meaning you get expert advice without any extra cost.
Can you help first home buyers? Yes! We specialise in first home buyer loans and can guide you through government grants and incentives such as the First Home Guarantee, First Home Owner Grant (FHOG) and Stamp Duty Concessions to help you get into the market sooner.
What deposit do I need to buy my first home? Most first-home buyers aim to save between 5% and 20% of the property price as a deposit. For example, under the First Home Guarantee you may only need a minimum 5% deposit. Remember to also budget for other upfront costs such as legal fees, inspections and stamp duty.
What government incentives can first-home buyers use? First-home buyers may be eligible for incentives such as the First Home Guarantee, tax-effective options like the First Home Super Saver Scheme, and state-based grants or concessions (e.g., stamp duty reductions). Each state and territory has its own rules — always check your eligibility before proceeding.
How much can I borrow for a first home loan? Your borrowing capacity depends on your income, living expenses, existing debts, and the lender’s serviceability test. It’s wise to get a pre-approval or speak with a broker early so you know your budget before you start house-hunting.
What ongoing costs should I plan for when buying my first home? Beyond the purchase price, you should factor in costs such as stamp duty (depending on your state), lenders mortgage insurance (if your deposit is under 20%), legal/documentation fees, building & pest inspections, and ongoing home-ownership costs like insurance, council rates and maintenance.
Should I get a home loan pre-approval before looking for a property? Yes. Pre-approval gives you an estimate of how much a lender will lend you, shows sellers you’re serious, and speeds up the process when you find your property. It doesn’t guarantee final approval but helps you shop with more confidence.
How long does the process take from property offer to settlement? The timeline varies but expect approximately 30–90 days from contract to settlement in many cases. Pre-approval, timely documentation, and a responsive conveyancer and lender all help avoid delays.