First Home Buyer Loans

Taking Your First Step onto the Property Ladder

Buying your first home is one of the most important financial decisions you’ll make. While the process can feel overwhelming, having the right guidance and the right home loan can make all the difference.

At Finhomes, we help first-home buyers navigate the process with confidence. From understanding loan options to accessing available government incentives, we explain everything in clear, simple terms — without the jargon.

First Home Owner Grant (FHOG) & Government Support

We can guide you through the First Home Owner Grant (FHOG) and other first-home buyer incentives, including:

* What the FHOG is and how it works

* Eligibility criteria and property requirements

* Differences between states and territories

* How much assistance you may receive

* When the grant is paid and how it’s applied

Our team ensures you understand what support is available and how it can be used as part of your purchase.

Understanding Your Finances Before You Buy

Before you start attending open homes or making offers, it’s important to understand your financial position.

We encourage first-home buyers to build strong saving habits early, as home ownership comes with ongoing responsibilities such as mortgage repayments, council rates, insurance, and maintenance costs. Having a clear budget makes the transition into home ownership much easier.

A loan pre-approval is a great starting point. It helps you understand your price range, strengthens your position when making an offer, and gives you confidence when searching for the right property.

Low Deposit Home Loan Options

With access to a broad panel of banks and specialist lenders, Finhomes can help eligible first-home buyers explore low-deposit loan options, including borrowing up to 99% of the property value (including Lenders Mortgage Insurance, where applicable).

These options can be ideal for buyers with limited savings for a deposit and upfront costs such as stamp duty and legal fees. We’ll explain the pros, risks, and costs involved so you can make an informed decision.

Why First Home Buyers Choose Finhomes

Guidance tailored specifically for first-home buyers
Access to a wide range of lenders and loan products
Support with FHOG and other government incentives
Clear explanations and ongoing support
Pre-approval and budgeting assistance
Flexible loan structures to suit your situation
End-to-end support from application to settlement

In Queensland, eligible first-home buyers may receive a $30,000 First Home Owner Grant when purchasing or building a new home valued up to $750,000. The grant applies to new homes only, including off-the-plan purchases and substantial renovations, subject to eligibility criteria.

The FHOG is generally paid at settlement for established contracts or progressively during construction for building contracts. The timing depends on how you purchase your property and lender requirements.

Yes, stamp duty concessions for eligible first-home buyers purchasing a home valued up to $550,000, with partial concessions available up to $650,000 in Queensland. These thresholds are subject to change, and we’ll confirm your eligibility before you commit.

Generally, no. To qualify as a first-home buyer in Queensland, you must not have previously owned residential property anywhere in Australia, subject to specific exceptions. We’ll review your history to confirm eligibility.