Borrowing Power
Understand how income, expenses, debts and your deposit may affect the amount you can borrow.
First Home Buyer Loans Australia
Clear guidance for buying your first home
Get matched with an experienced Australian mortgage broker who can help you understand your borrowing power, deposit, pre-approval and suitable first home buyer loan options.
Guidance from your first question to settlement
Home loans can feel complicated. Your next step should not.
Deposits, lender requirements, government schemes, pre-approval and interest rates can quickly become confusing.
Find My Shoe House helps connect you with a mortgage broker who can explain your options clearly and help you prepare for the application process.
Understand your borrowing power
Review income, expenses, savings and existing debts.
Plan your deposit and upfront costs
Learn about deposits, fees and property buying costs.
Prepare for home loan pre-approval
Understand which documents a lender may request.
What can a mortgage broker help you with?
Get practical guidance at every important stage of the home-buying process.
Deposit Planning
Get clarity on genuine savings, lender requirements and common upfront purchase costs.
Loan Pre-Approval
Prepare your financial information and understand the lender assessment process.
Loan Comparison
Compare suitable rates, repayment structures, features, fees and lender criteria.
Application Support
Receive help preparing documents and responding to lender questions.
Settlement Guidance
Stay informed as your home loan progresses from approval to settlement.
Four simple steps to finding mortgage guidance
We use your goals and circumstances to connect you with a suitable mortgage broker.
01
Tell Us Your Goals
Share where you want to buy, your savings and estimated timeframe.
02
We Review Your Needs
We review your details to identify a potentially suitable broker.
03
Meet Your Broker
Your matched broker contacts you to discuss your financial position.
04
Explore Your Options
Understand possible loan pathways and prepare for an application.
Understand what support may be available
Eligible first-home buyers may be able to access grants, stamp duty concessions or government guarantee schemes. Eligibility depends on your location and personal circumstances.
- ✓ First Home Owner Grant considerations
- ✓ Stamp duty concessions or exemptions
- ✓ Home Guarantee Scheme pathways
- ✓ Possible low-deposit loan options
- ✓ Guarantor home loan considerations
Important things to understand before applying
Learn the key home loan terms and costs before speaking with your matched mortgage broker.
How much deposit do first-home buyers need?
The required deposit varies between lenders. A larger deposit can reduce the amount you borrow and may help you avoid lenders mortgage insurance. Some eligible buyers may have access to lower-deposit pathways.
What affects your borrowing power?
Lenders may assess your income, expenses, debts, savings, credit history, dependants and proposed repayments when calculating your borrowing capacity.
What is home loan pre-approval?
Pre-approval is a conditional indication that a lender may be willing to lend a certain amount. It is not final approval and may remain subject to conditions.
What other buying costs should you plan for?
You may need to budget for conveyancing, inspections, lender fees, government charges, insurance and moving costs in addition to your deposit.
Frequently asked questions
Common first home buyer questions
Simple answers to help you prepare for the home loan process.
The deposit required depends on the lender, property and your financial circumstances. Lower-deposit pathways may be available for some eligible buyers.
It may be possible depending on lender criteria and whether you qualify for a government guarantee scheme.
Lenders mortgage insurance may apply when borrowing a high percentage of the property's value. It generally protects the lender rather than the borrower.
A lender reviews your financial information and may provide a conditional borrowing limit. Pre-approval is not guaranteed final approval.
A broker can compare suitable options from lenders available on their panel and explain differences in rates, fees and features.
No. You can discuss your position with your matched broker before deciding whether to submit a home loan application.
Find your mortgage broker
Take the next step toward your first home
Tell us about your plans and we will use your information to help connect you with a suitable mortgage broker.
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Quick initial enquiry
Complete the form in only a few minutes.
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Matched around your needs
Your goals, location and buying stage guide the match.
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No obligation to proceed
Understand your options before making a decision.