Understand your First Home Loan Options, grants and incentives with LoanBuddy

Embarking on the journey towards purchasing your first home is an exhilarating adventure, filled with aspirations and dreams. However, this path can often seem labyrinthine, fraught with new terminology, processes and a plethora of documentation. This is where LoanBuddy stands out for its unparalleled support and knowledge.

We recognise the distinct obstacles faced by first-time buyers, from accumulating the essential deposit to navigating the diverse government grants and incentives available. The First Home Owner Grant (FHOG) acts as an excellent kick-start, providing a financial boost to new entrants in the housing market. Whereas the Home Guarantee Scheme (HGS)helps Australians acquire a home with a reduced deposit, bypassing the need for lender’s mortgage insurance. We also help you explore the possibility of First Home Buyer Stamp Duty Exemptions for you. These can substantially alleviate initial purchasing costs.

Opting for LoanBuddy means choosing a Mortgage Broker partner who is deeply invested in enriching your first home buying experience, ensuring it is as seamless and fulfilling as possible. Our proficiency empowers first home buyers to confidently traverse the complex terrain of grants, schemes, and exemptions, bringing your coveted home within reach with the best Home Loan for you.

We Can Help You By

• Explaining all the extra costs, including; stamp duty, council rates and other hidden fees.

• Assisting with setting up any savings plans if needed

• Educating you on any potential grants available, for eg: First Home Owner Grant (FHOG), Home Guarantee Scheme (HGS)

• Calculating your borrowing capacity

• Providing guidance on what steps need to be taken in order to purchase your first home

• Educating you on guarantor options

• Providing you with multiple Home Loan options from a variety of banks and lenders that fit within your objectives