Home loans for
First Home Buyers
We guide you every step of the way so that you can get your first home sooner.
- Personal loan advice
- 1-1 broker time to answer any questions
- Learn about the first Home Owners Grant
- Access to network of conveyancers, insurance providers and property partners to make your purchase even easier
Speak to an expert
Buying Your First Home With Confidence
Saving for a deposit can be challenging especially as house prices continue to increase.
Most people don’t have the full deposit when buying a home and this can be frustrating for those trying to enter the real estate market. Prime loans help our customer full the gap needed to get your deposit in order so that you can buy your home sooner.
Prime Loans can help you:
- Set a budget for your first home
- Grants and incentives first-home buyers get
- Getting the loan
- Putting you in touch with industry professionals who can guide you through property selection
Learn throughout your journey with Prime Loans
Access helpful guidance, tips, and support to make informed financial decisions at every stage.
Gap Finance
Loan to Value Ratio
No Deposit Loans
Principle vs Interest Only Loans
We work with the largest panel of lenders in the country
We negotiate better rates with more than 35 lenders for you.
Buying Your First Home? Let’s Get Started
Buying your first home can feel overwhelming, especially with so many steps and decisions involved.
We’ll help you understand your options, guide you through the process, and support you in securing the right loan so you can move forward with confidence.
Access to 35+ Lenders
Personalised Broker Advice
Fast Approvals & Competitive Rates
Trusted by Clients Across Australia
Our clients choose Prime Loans because we simplify the loan process, provide honest advice, and deliver real results.
Frequently Asked Questions
What is first home owners grant?
The First Home Owner Grant (FHOG) scheme was introduced on 1 July 2000 to offset the effect of the GST on home ownership. It is a national scheme funded by the states and territories and administered under their own legislation.
Under the scheme, a one-off grant is payable to first home owners that satisfy all the eligibility criteria.
Is the first home owners grant different for each state?
Yes. Each state has their own grant so there are differences.
How does the first home owners grant work?
It’s fairly straight forward. If you are eligible, there is a bit of paperwork to go through which Prime Loans can do and then you receive one off payment from the government.
Can first home owners grant go towards my deposit?
Yes, you can use the First Home Owner Grant (FHOG) as part of your deposit but you will usually need to have existing savings as the FHOG alone is rarely enough to cover a deposit.
Does first home owners grant apply to apartments?
Yes, a first home buyer is entitled to the grant regardless of the property type.
Does first home owners grant apply to land?
Please speak to Prime Loans and we will guide you through this answer as each state has different requirements for the First Home Owners Grant Scheme (FHOGS)
What can first home owners grant be used for?
Whatever you wish as there are no restrictions on how you can spend your money.
How do I know whether I am eligible for the first home owners grant?
Please call Prime Loans and we can answer all your questions and help check your eligibility.
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