First Home Buyers

We'll help you understand the loan types, grants and incentives to get you into your First Home

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Home loan options from lenders available through our lending panel

Circumstances we can help you review

Deposit and available government support – check which grants, stamp duty savings and deposit schemes may apply to you.
Borrowing capacity – understand how much you may be able to borrow, based on your income, expenses and deposit.
Casual, contractor, self-employed or variable income – learn how lenders may assess income that changes from week to week.
Recent employment changes – started a new job or changed industries? We can review how lenders may view it.
Visa and residency circumstances – your residency status can affect grants, stamp duty and which lenders may lend to you.
Understanding the buying and loan process – from pre-approval to settlement, we explain each step in plain language.

How we help first home buyers

1. Check grants & concessions

We help you assess your eligibility for Lenders Mortgage Insurance (LMI) waivers, government-backed deposit schemes, the First Home Owner Grant (FHOG) and stamp duty concessions.

2. Compare suitable loan options

We can compare suitable loan options from lenders available through our lending panel, based on your circumstances and eligibility.

3. Get pre-approved

By analysing your bank statements and credit history, we help you get pre-approved through a streamlined application process.

LMI waivers, government schemes and grants

For first home buyers, understanding the various financial components can seem complex. Some lenders may offer Lenders Mortgage Insurance (LMI) waivers to eligible applicants in selected professions or circumstances. Eligibility depends on the lender's policy, profession, LVR and other lending conditions. LMI may add to your upfront costs or, where permitted, be added to the loan. It protects the lender rather than the borrower.

Separately, eligible first home buyers may be able to access government-backed deposit schemes that allow them to purchase with a smaller deposit without paying LMI, subject to scheme eligibility, participating-lender requirements and credit approval.

The First Home Owner Grant (FHOG) can also provide substantial financial assistance, and stamp duty concessions are available for first home buyers in some regions. At Flatmart, we help you assess these options, taking into account your credit history and overall financial situation to ensure you are well-informed.

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Ready to chat to one of our team?

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Interest rates, LVR and offset accounts

Another key consideration for first home buyers is the understanding of interest rates. With both variable and fixed interest rate options available, choosing the right one depends on your financial goals and risk tolerance. We can compare suitable loan options from lenders available through our lending panel, based on your circumstances and eligibility.

The loan-to-value ratio, or LVR, may affect the loan options available to you, applicable lending conditions, pricing and whether LMI is required. Depending on the loan product, applicable fees and how the account is used, an offset account may help reduce the interest charged on the home loan.

A simple path to pre-approval

The application process for a home loan might seem overwhelming, but at Flatmart, we aim to make it straightforward and efficient. We provide a streamlined application process that eases the stress of applying for a home loan.

By analysing your bank statements and credit history, we help you get pre-approved, giving you a clearer picture of your borrowing capacity.

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Meet the Flatmart Expert: Ronald Khuong Tran

Credit Representative #502238 authorised under Australian Credit Licence #389328

Authorised Representative (General Advice) 258833 of Consilium Advice Australia Pty Ltd (CAA) AFSL 246623

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Frequently Asked Questions

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.

Can you only help with Home Loans?

We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Why should I use a Mortgage Broker?

Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.

Can you help with refinancing an existing Mortgage?

Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.

Latest Articles

3rd November 2026

Help to Buy Scheme: What First Home Buyers Need to Know

A plain guide to the shared-equity scheme that can help eligible buyers purchase with a 2% deposit.

28th October 2026

Buying Your First Home With Variable or Non-Standard Income

You don't need a fixed salary to buy your first home, but preparation matters more.

28th October 2026

Buying Your First Home on a Visa: What NSW Buyers Need to Know

Your visa or residency status affects grants, stamp duty, approvals and which lenders will lend to you.

Buying your first home is an exciting milestone

Our comprehensive service ensures you are supported throughout the entire journey. Contact us today to learn more about how we can assist you in buying your first home.

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Contact

16 Payton Street, Canley Vale, NSW, 2166

0485 937 168

Trong Khuong Tran trading as Flatmart, ABN 29 601 123 559, is an Authorised Representative (AR No. 001258833) of Consilium Advice Australia Pty Ltd (AFSL 246623, ABN 90 088 128 170).

Disclaimer: General advice only. Prepared without taking into account your objectives, financial situation or needs, so consider whether it is appropriate for you before acting on it. Obtain and consider the Product Disclosure Statement before acquiring any product. I am authorised to provide general advice only and cannot advise or recommend what is right for you. If you would like advice on your own circumstances, I can refer you to a financial planner. Flatmart, 16 Payton Street, Canley Vale NSW 2166 | 0485 937 168