First Home Buyers

At Mortgages Plus, our brokers guide first home buyers through every stage of securing a loan and purchasing their first property. Understanding deposit requirements, making sense of government schemes, and securing a competitive mortgage rate can feel overwhelming.

We provide the knowledge and lender access needed to make your first purchase achievable. With no upfront fee, you gain expert support throughout the entire process.

75+ 5-star Google Reviews

What is a First Home Buyer Loan?

A first home buyer loan is specialised lending designed for Australians purchasing their first property. The right finance strategy can deliver real benefits:

  • Access government schemes that reduce deposit requirements to as little as 5%.
  • Secure stamp duty concessions and grants available exclusively to first-time buyers.
  • Establish loan structures with features like offset accounts and redraw facilities that support future financial flexibility.

The right decisions now help you avoid costly mistakes and build a foundation for long-term wealth. As specialist mortgage brokers, we position first-time home buyers for success in the property market.

Why First Home Buyers Choose Mortgages Plus

Personalised Strategies

Every first-time buyer arrives with individual circumstances. Some have saved a full deposit. Others rely on family guarantees or low-deposit schemes. We assess your financial position, clarify your borrowing capacity, and build a lending approach that aligns with your budget and future plans.

Why it matters
Starting with the right first home buyer loan structure can save thousands over the life of your mortgage and prevent refinancing headaches down the line.

Expert Guidance

With comprehensive knowledge of lenders, from major banks to specialist options, we explain eligibility requirements, scheme applications, and documentation. As specialists, we coordinate with conveyancers and real estate agents to keep your purchase on track.

Why it matters
50+ lenders = better choices. Experience means we spot problems before they delay settlement. Get sorted efficiently with a mortgage broker who knows the landscape.

Clear, Transparent Process

We explain deposit requirements upfront, outline realistic timelines for approval and settlement, and keep you informed at every stage. There are no hidden surprises, and because lenders compensate us at settlement, our services come at no cost to you.

Why it matters
Transparency builds trust. We provide an award-winning service backed by 75+ five-star Google reviews from clients who've been where you are.

Common First Home Buyer Challenges

First-time buyers often encounter unique hurdles when entering the market. Our brokers simplify the mortgage application process by anticipating and resolving these obstacles:

A couple painting and reonvating their house

Limited Deposit Savings

Accumulating a 20% deposit takes years. We can unlock access to low-deposit schemes, including the First Home Guarantee (5% deposit) and Family Home Guarantee. Eligible buyers can enter the market sooner.

Confusion Around Government Schemes

Various government schemes are available with varying eligibility criteria and application processes. We clarify which ones suit your situation, handle applications, and ensure you receive all available concessions.Contact us for the most up to date information.

Understanding Borrowing Capacity

Many first time home buyers overestimate or underestimate what they can borrow. Our mortgage brokers provide accurate serviceability assessments that account for living expenses, existing debts, and future rate movements, so you search for properties within your price range.
Calculate your borrowing capacity.

Navigating Auction Competition

The pressure of auction bidding can lead to overcommitting. We establish your maximum borrowing limit beforehand and connect you with pre-approval, giving you confidence when competing for properties.

Securing Competitive Rates for First Home Buyers

Supporting Clients Across Australia

Based on Sydney's Northern Beaches, we support first home buyers throughout the area in suburbs like Avalon, Narrabeen, Manly, and Dee Why, as well as across Greater Sydney and regional NSW, including the Central Coast, Inner West, North Shore, and Hunter Valley. We also support clients nationwide, from Melbourne and Brisbane through to Adelaide and Perth.

Photo of Chris the Mortgage Broker
A beautiful cathedral cove in New Zealand with water and blue sky

Ready to Buy Your First Home?

No upfront fee. Clear advice. First home buyer support.

Take the first step into the property market with expert guidance from Mortgages Plus. Call us today at +61 (0) 447 222 628 or start the process now.

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Frequently Asked Questions

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

Deposit requirements range from 5% to 20% depending on your circumstances. The First Home Guarantee allows eligible buyers to purchase with just 5% deposit without paying lenders mortgage insurance (LMI). A 10% or 20% deposit provides access to more lender options and potentially better interest rates. We assess your situation to recommend the best approach.

Can I use a family guarantee to reduce my deposit?

Yes. Family guarantees allow parents or close relatives to use equity in their property as additional security. Your deposit requirements can be reduced or waived entirely. You can avoid lenders mortgage insurance (LMI). Market entry may happen faster.

What government grants and schemes am I eligible for?

Eligibility depends on your state, income, property value, and ownership history. NSW offers the First Home Buyer Assistance Scheme with stamp duty exemptions, while federal schemes include the First Home Guarantee and Regional First Home Buyer Guarantee. We identify applicable schemes and manage applications on your behalf.

Should I get pre-approval before searching for properties?

Absolutely. Pre-approval establishes your borrowing capacity. You bid at auctions with confidence. Vendors see you're a serious purchaser. We secure conditional approval from lenders before you start inspecting properties, giving you a clear price range to work within.

How long does the process of securing a first home buyer loan take?

From application to settlement typically spans 4–8 weeks, though timelines vary based on lender processing speeds and property settlement dates. We expedite the process by ensuring your documentation is complete upfront and maintaining regular contact with lenders throughout assessment. 

Can I buy an investment property as my first purchase?

While possible, this approach requires careful consideration. Lenders assess investment property applications differently, and you'll miss out on first home buyer grants and stamp duty concessions available only for owner-occupied purchases. Some purchasers buy their first home to live in initially, then convert it to property investment later through home loan refinancing.

Don’t just take our word for it
See for yourself what our clients think with 70+ five star reviews on Google
“We can’t recommend Chris highly enough! He not only secured us a great rate but did so with lightning speed and amazing communication along the way. If you are looking for a mortgage broker who combines great expertise, incredible efficiency and a genuine passion for his clients’ success... Chris is the one!”

Nicole + Tristan

Manly, NSW

"As a single woman, I often find anything financial incredibly difficult, frustrating, and overwhelming. From the moment I first connected with Chris, however, the entire process became smooth, straightforward, and stress-free. I usually dread dealing with financial matters, and the idea of refinancing my mortgage felt particularly daunting, but I couldn’t be happier with the outcome. When it comes to mortgages or refinancing, I truly couldn’t recommend anyone more highly. Chris has been not only professional but also wonderfully down to earth. He has a real talent for explaining things clearly and concisely, making everything easy to understand. He’s also fantastic at following up and keeping things on track...which was especially helpful for me. Thank you so much, Chris. I genuinely couldn’t be happier with the experience."

Verity

Redfern, NSW

"His service is on another level. He’s professional, incredibly knowledgeable, and you can feel the years of experience in every conversation. Chris doesn’t just “do the job,” he actually cares — he explains everything clearly, gives you options you didn’t even think of, and fights to get you the best result every single time."

Anton

Brisbane, QLD

"Exceptional service and expertise. Chris was understanding of my goals, very supportive and executed with speed. I would definitely use him again. Highly recommend him for your personal or business growth."

Samantha

Fairlight, NSW

"Chris made buying my apartment in Manly a simple and stress-free experience! He explained everything clearly, moved quickly with pre-approval, and secured a great rate that the bank couldn’t match. His communication and strategy were outstanding from start to finish. If you’re looking to buy on the Northern Beaches and want a reliable and excellent local mortgage broker, I highly recommend Chris and Mortgages Plus!"

Thomas

Manly, NSW

"Best broker in Manly and on the Northern Beaches!! Chris made the whole process easy and worked tirelessly to get the result I needed. What really impressed me was that he followed up with all parties throughout the entire process and ultimately drove a fast and successful outcome. He found the best deal for my situation, kept me informed every step of the way, and took care of everything - right through to arranging settlement. He even managed to bring the settlement date forward so the funds were in my account before I went overseas. That level of service is rare. I highly recommend Chris and will definitely be using his services again. Excellent broker and broker for life. 💪"

Luke + Melissa

Manly, NSW

"Chris is my Mortgage Broker and drove the process for my wife and I to secure our first property this year. He was fantastic to work with from start to finish. Being our first purchase, we had plenty of questions and many blind spots through the process which Chris was able to very effectively guide us through. He was able to provide excellent broker advice, as well as very helpful advice and coaching to help us better understand the properties we were pursuing as an impartial observer. I would absolutely recommend him for my friends and family, as he secured us a great rate, was extremely transparent on our financial position and the options it allowed for, and communicated clearly & promptly at every step. Looking forward to continuing working with him into the future!"

Alex + Naomi

Manly, NSW

"My wife and I couldn't be happier with the service provided by Chris. After being frustrated and disappointed by other brokers, Chris was a total breath of fresh air and made purchasing our first home on the Northern Beaches a reality. From our first contact, Chris was excellent across the process: highly organised, approachable, and a great communicator. He was completely upfront with expectations, and his tools for comparing lenders gave us fantastic visibility of our options. Chris was constantly on top of the process, from securing our initial pre-approval to finalising the bank arrangements promptly after purchase. ​If you need a broker who is a true professional, solution-focused, and delivers results, we absolutely recommend Chris to anyone! "

Francois

Belrose, Sydney

"Chris is an absolute godsend, we initially messaged Chris having no idea what is involved with buying our first home or if it was even possible. We dotted the i's and crossed the t's and he took care of the rest. I've gained so much knowledge and insight throughout this process thanks to Chris and have really enjoyed working with him, I cannot fault this experience at all. Today is the day we got our approval and it all wouldn't have been possible if we didn't have Chris on our side. I cannot recommend him enough for anyone considering buying their first home, especially if you are a fellow kiwi he is equipped with all the knowledge. Our new home is going to be filled with memories of our family and a reminder of our amazing mortgage broker who helped us to be able to create those memories. Thank you for your professionalism, guidance and patience and sharing your knowledge with us Chris. You are an absolute legend!"

Char + Eric

Melbourne, VIC

"Chris is excellent. From the first meeting, he was friendly, professional and prompt. He helped to find actionable solutions and work around our needs to deliver a product that met our requirements. He made himself available constantly and was proactive in progressing matters. It is rare to find someone that is both so helpful and responsive. 10/10"

Tanya + Egor

Willoughby, Sydney

"Chris has been an absolute diamond! He is responsive, friendly and incredibly professional all while getting the best deal for us as we purchase our first home in Australia. He has taken the time to answer all our questions (there have been plenty!) and made sure we are certain of every process step. We honestly feel we have hit the jackpot with Chris and I cannot recommend him highly enough. If you are looking for a broker, you cannot go wrong with Chris. Thank you for your continued support!"

Hannah + Leron

Manly, NSW

"We recently worked with Chris to refinance our property, and the experience was outstanding from start to finish. He was instrumental in helping us secure the best possible deal, moved quickly through every step of the process, and took the time to clearly explain all the details along the way. We highly recommend Chris to anyone looking for property advice! "

Catalina

St Leonards, NSW

"From the outset, Chris demonstrated exceptional professionalism, clear communication, and a thorough understanding of both the lending environment and the unique challenges faced by self-employed expats. He worked diligently with the banks, explored every possible avenue, and ultimately secured the finance I needed — something others had said wasn’t possible! If you’re navigating a complex lending situation, especially as a New Zealander in Australia, Chris is absolutely the person you want in your corner."

Bianca + Clinton

Perth, WA

"Chris Dodson is a home loan wizard. I called Chris the day we found out an upstairs apartment was selling before going to market, and within less than 2 weeks, we paid our deposit and secured our home loan. Chris was calm, patient, very informative and provided continuous updates on how the process was tracking with the bank which was invaluable as first home buyers who were under time constraints. We cannot commend Chris enough for his hard work in helping us secure our first home loan and will definitely be recommending his services to anyone who is looking to buy a home."

Lara + Greg

Manly, NSW

"Chris was key in helping us get everything over the line. We’ve been overseas for the past four years, so getting the paperwork sorted and finding the right bank was no easy task. Chris went above and beyond to secure our home loan approval despite the challenges. What sets Chris apart is his responsiveness. He always picks up the phone and gets things done. I highly recommend Chris as your go-to guy for home loan approvals if somebody is looking for an expert and reliable person"

Zeeshan

Dubai, UAE

"Chris was outstanding in guiding us through our first home purchase. Despite our complex financial situation, his clear advice made the process effortless. We highly recommend his services and will use him again for all our home buying needs. Excellent Service, 5 stars! "

Andy + Jan

Manly, NSW