Why first home buyers work with a broker rather than one bank

Walking into a single bank branch means seeing exactly one lender's products and one lender's view of your borrowing capacity. Comparing across a panel — including lenders that take a more flexible view of your specific situation — can genuinely change what's available to you, especially if your income, deposit or employment history doesn't fit neatly into a standard box.

What we actually do for you

  • Work out a realistic borrowing range based on your actual income and expenses
  • Check current government schemes, grants and stamp duty concessions you may be eligible for
  • Compare suitable lenders and loan structures across our panel
  • Prepare and lodge your application, and manage the back-and-forth with the lender
  • Coordinate through to settlement alongside your conveyancer or solicitor

Not sure where to even start?

That's normal, and it's exactly what a free consultation is for. We'll ask about your situation, give you a realistic picture of where you stand, and tell you honestly if now isn't quite the right time — rather than push you into an application that isn't ready.

General information only. This page is general in nature and doesn't take into account your personal financial situation, objectives or needs. It isn't tax, legal or financial advice. Lending criteria, product availability, government scheme eligibility and policies vary and are subject to change — always confirm current detail with your broker before making decisions.

Read the in-depth guide: getting loan-ready in 2026 →

Frequently asked

How much deposit do I actually need as a first home buyer?

It depends on the lender and whether you qualify for a government guarantee scheme, which can reduce the deposit needed without paying Lenders Mortgage Insurance. We'll walk through what applies to your situation in a free consultation.

Should I get pre-approved before I start looking at properties?

Generally yes — pre-approval gives you a realistic budget to shop within, so you're not disappointed after finding a property you can't actually finance. It isn't a guarantee of final approval, but it's a sensible first step.

What government schemes might I be eligible for?

Various federal and state schemes exist — guarantee schemes, grants and stamp duty concessions — and eligibility depends on your income, the property price and location. We'll check what currently applies to you rather than relying on outdated information.

Can you help if I'm buying with a partner or family member?

Yes — joint applications are common, and we structure the loan and explain how ownership and liability work between co-borrowers before you commit to anything.