Home Loan Tips & Resources

If you’re looking at the First Home Guarantee, you’ve probably heard it now has unlimited places and no income caps. What you might not have heard is that the scheme still runs on strict deadlines. 14 days to get your […]

If you’ve recently received your permanent residency, the First Home Guarantee is now open to you. Buy with a 5% deposit and skip Lenders Mortgage Insurance entirely. That alone saves most buyers tens of thousands of dollars. If you’re buying […]

The October 2025 changes removed income caps and place limits from the First Home Guarantee, but they didn’t simplify the paperwork. The scheme still has its own documentation requirements on top of what your lender asks for, and some of […]

When you buy under the First Home Guarantee, both your purchase price and the bank’s valuation need to fall under the property price cap. Most people only think about the purchase price, but the valuation is a separate assessment and […]

If you’ve owned property overseas and you’re looking at using the First Home Guarantee to buy your first home in Australia, you might assume that history counts against you. That assumption is understandable, but the scheme only assesses Australian property […]

The First Home Guarantee is one of the most useful schemes available to first home buyers right now. Buying with a 5% deposit and skipping Lenders Mortgage Insurance entirely can save you tens of thousands of dollars. But the scheme […]

The First Home Guarantee is one of the most useful schemes available to Geelong first home buyers right now. Skipping Lenders Mortgage Insurance entirely while getting into the market with just 5% deposit is a significant saving. Like any scheme […]

Getting approved for the First Home Guarantee feels like the hard part is done. You’ve saved your 5% deposit, passed your lender’s checks and secured a scheme place with Housing Australia. But approval doesn’t lock everything in. A job loss, […]

Since July 2023, the First Home Guarantee has allowed friends, siblings and other family members to apply jointly. Combined incomes mean higher borrowing capacity, a shared 5% deposit is more achievable and the scheme removes Lenders Mortgage Insurance entirely. Since […]

If you looked into the First Home Guarantee before October 2025 and were told you earned too much, that rule no longer exists. The First Home Guarantee income cap was removed entirely when the scheme expanded on 1 October 2025. […]