Your First Home Journey Starts Here
Looking to buy your dream home?
We will put your fist home dream first!
Buying your first home is an exciting milestone — but it can also feel overwhelming. At Credora Finance, we make the process simple, clear, and stress-free. We will guide you every step of the way — from understanding your borrowing power to securing the right loan for your needs.
Guiding you with care and expertise on the journey to your dream home.
Buying your first home is one of life’s biggest milestones — and at Credora Finance, we make it simple, stress-free, and exciting. As your trusted mortgage broker, we’re here to guide you through every stage of the first
Our team takes the time to understand your goals, compare home loan options from a wide range of lenders, and help you secure pre-approval so you can purchase with confidence.
We also ensure you take advantage of every government initiative you may be eligible for, including the Australian Government 5% Deposit Scheme (formerly the First Home Guarantee), the Help to Buy shared equity scheme, the First Home Owner Grant (FHOG), the First Home Super Saver Scheme (FHSSS), and applicable stamp duty exemptions or concessions. We’ll guide you through the eligibility requirements and application process, helping you save thousands while making your journey to home ownership as smooth and stress-free as possible.
Whether you’re ready to buy or just starting to explore your options, Credora Finance will help you make informed decisions, explain the process in plain language, and find a loan that fits your budget and lifestyle.
Start your journey toward home ownership today — with expert guidance, personalised advice, and the support of our mortgage broker who puts your first home dreams first.
Our commitment to First Home Buyers....
- Explains all loan types and guides you through the process.
- Finds and negotiates the best loan options from multiple lenders.
- Helps prepare your application and documentation.
- Supports you through pre-approval, property search, and settlement.
- Ensures you don’t miss out on available grants or incentives.
FAQs
You may be able to buy your first home with as little as a 5% deposit. Depending on your circumstances, you may also qualify for government assistance such as the Home Guarantee Scheme, Help to Buy, the First Home Owner Grant (where available), and stamp duty concessions. We’ll assess your eligibility and guide you through the options available to help minimise your upfront costs, avoid LMI and get you into your first home sooner.
The 5% Deposit Scheme, officially known as the First Home Guarantee (FHG), is an Australian Government initiative that helps eligible first home buyers purchase a home with as little as a 5% deposit, without paying Lenders Mortgage Insurance (LMI).
The Government guarantees a portion of your home loan, allowing participating lenders to offer loans with a lower deposit while avoiding the cost of LMI. You must meet the scheme’s eligibility criteria, including property price caps and other requirements.
At Credora Finance, we’ll assess your eligibility, explain how the scheme works, and help you apply through one of our participating lenders—making your path to home ownership simpler and more affordable.
The First Home Owner Grant is a one-off payment designed to help first-time buyers purchase or build a new home. The amount and eligibility criteria vary by state or territory, and our brokers can help you apply if you’re eligible.
To receive the First Home Owner Grant (FHOG), eligible applicants are generally required to establish their new home as their principal place of residence. This means you must move into the property and live there as your main home within the required timeframe and continue to meet the residency requirements set by your state or territory.
The FHOG is designed to assist genuine first home buyers purchasing or building a new home, not properties intended as investments or rentals.
At Credora Finance, we can help you understand the eligibility requirements, available grants, and other first home buyer benefits that may apply to your situation.
Beyond the First Home Owner Grant, Australian first home buyers can access several government schemes designed to reduce deposit and upfront costs. The Australian Government 5% Deposit Scheme lets eligible buyers purchase with just a 5% deposit and no Lenders Mortgage Insurance (LMI), with a 2% deposit option for eligible single parents. Help to Buy is a shared-equity scheme where the government contributes up to 40% of the purchase price on a new home (30% on an existing home), lowering your loan size and repayments. The First Home Super Saver Scheme (FHSSS) allows you to withdraw up to $50,000 of voluntary super contributions, plus earnings, to put toward your deposit. Most states also offer stamp duty concessions or exemptions for eligible first home buyers, which can save tens of thousands on top of any grant.
Eligibility, price caps and income limits vary by scheme and state — speak with a Credora Finance broker to find out which combination applies to you.
Pre-approval means a lender has reviewed your financial situation and conditionally approved you for a loan up to a certain amount. It gives you confidence when making offers and shows sellers you’re a serious buyer.
In addition to your deposit, you should budget for:
Stamp duty (if applicable)
Legal and conveyancing fees
Building and pest inspections
Loan establishment fees
Lenders Mortgage Insurance (if required)
Moving and utility connection costs
LMI protects the lender (not the borrower) if you can’t repay your loan.
It’s usually required when your deposit is less than 20% of the property price — though some government schemes can help you avoid it.
Your borrowing capacity depends on your income, expenses, existing debts, credit history, and the lender’s criteria. Our mortgage brokers can quickly calculate how much you can afford and what loan options suit your situation.
A mortgage broker works for you — not the bank. We compare loans from multiple lenders to find the best rate and structure for your needs, handle the paperwork, and help you access first home buyer grants and incentives you may not know about.
Dedicated brokers at Credora Finance will help you every step of the way. Contact us>>
Our Happy Clients!
“Credora Finance made buying our first home so easy! They explained everything clearly and helped us access government grants we didn’t even know existed.”
“Professional, knowledgeable, and always available to answer my questions. Thanks to Credora Finance, I secured the perfect loan for my investment property.”
“From start to finish, the team guided me through the entire process. They made a complex experience simple and stress-free!”
Ready to take the next step toward your dream home?
Our friendly team at Credora Finance is here to answer your questions, guide you through your loan options, and help you get started with confidence. Whether you’re a first home buyer or planning your next investment, we’re just a call or message away.