Home Loans for First Home Buyers

Helping First Home Buyers Achieve Their Property Goals

Buying your first home can be exciting — but navigating the mortgage process can be overwhelming. At Brampton Finance, we specialise in helping first home buyers secure the right loan for their circumstances.

We guide you through:

Choosing the right home loan product
Understanding government incentives and schemes
Maximising borrowing power
Minimising upfront costs such as LMI

Government Schemes & Incentives for First Home Buyers

Many first home buyers in Australia are eligible for government programs that reduce upfront costs:

First Home Owner Grant (FHOG) – cash grants vary by state
First Home Loan Deposit Scheme (FHLDS) – allows 5% deposit loans with no LMI for eligible buyers
Stamp duty concessions – available in some states
Family home guarantee & regional schemes – for eligible buyers

We help you understand which schemes you qualify for and how to incorporate them into your home loan.

How Brampton Finance Supports First Home Buyers

We guide first home buyers through every step of the mortgage process:

Assess your financial position and borrowing capacity
Identify lenders and loans that suit first-time buyers
Help structure deposits and repayments efficiently
Support with government incentive applications
Provide expert advice on pre-approvals, refinancing, and property investment options

Example Scenario

A first home buyer purchasing a $700,000 property:

Deposit: $35,000 (5%)
Eligible for First Home Loan Deposit Scheme → no LMI required
FHOG grant: $10,000 (NSW example)
Stamp duty concession applied
Total upfront savings: ~$25,000+

Frequently Asked Questions

What is the First Home Loan Deposit Scheme (FHLDS)?
It’s a government initiative allowing eligible first home buyers to purchase a home with as little as 5% deposit without paying Lenders Mortgage Insurance.

Can I combine FHLDS with other government grants?
Yes. Many buyers combine FHLDS with the First Home Owner Grant and/or stamp duty concessions.

Do I need a large deposit to buy my first home?
Not necessarily. With government schemes and lender support, some buyers can get in with as little as 5% deposit.

Can I use my superannuation for a first home?
The First Home Super Saver Scheme (FHSSS) allows you to use voluntary contributions from your super for a first home deposit.

Get Started Today

At Brampton Finance, we help first home buyers find the right mortgage solution and guide them through government incentives and lender policies.

📍 Office: Level 7, 35 Spring Street, Bondi Junction NSW 2022
📞 Phone: 02 9389 1077
📧 Email: info@bramptonfinance.com.au