First Home Buyers Perth Compare Home Loan Options

Lenders want to see a history of responsible spending and three months of living expenses in savings to ensure you can comfortably service a home loan. Here are some key tips to help you save for your first home and navigate the process of applying for a first home buyer loan. Pre-approval is recommended as it helps you understand your budget, shows sellers you are serious, and identifies any issues before you apply for a full loan. Pre-approval is often one of the first steps in the home buying process. It gives you an estimate of how much you may be able to borrow before you start making offers.
Housing and Works will consider the sale of a property to eligible tenants within the context of its current priorities and planning. We also provide a guide on what to do if you wish to make a complaint about us. "So helpful! Saved me a bunch of time and money. Thankyou for your assistance and Perth Property Investment Loans efficiency." Before signing a contract for your first home, you generally need to apply for and receive a FHSS determination from the Australian Taxation Office (ATO). After signing the contract, you then apply for release with your super fund.

Our experts are aware of LMI approval criteria and pricing of different lenders, so we can provide you with an accurate and competitive assessment. Your current bank can only offer its set LMI premiums, interest rates and loan products. Entry-level homes continue to experience the highest rate of capital growth, though premium properties are still recording increases that far surpass national averages.
Most states and territories in Australia have a First Home Owner Grant (FHOG) — a cash grant for eligible first home buyers towards buying a new home. The FHOG is not available if you’re buying a home that’s been lived in. Some lenders might consider including your FHOG as part of your deposit, while others may not.
The interest rate on the loan is fixed for a period of time — typically between 1-5 years. Some first home buyers may like having certainty over their repayments in the first few years as it makes it easier to budget. However, there’s usually limited flexibility to make additional repayments with a fixed rate loan and it's less likely you'll have access to extra features like an offset account. Most borrowers who fix their mortgage interest rate do so for three years or less, according to the RBA. Yes, many lenders offer low deposit home loans, and government schemes may allow you to avoid lenders mortgage insurance if you meet the criteria. We provide you with affordable homes for first buyers in Perth, and lead you through the approval process linked to the first home owners grant Perth.

Two campaign launches, two different housing policies targeted squarely at Australians hoping to take their first step onto the property ladder. Headed by Principal George Walklin, Your Loan Doctor is an experienced and award-winning Mortgage Broker firm. George is a proud member of the Mortgage and Finance Association of Australia, with qualifications including a Bachelor of Commerce and a Diploma of Finance and Mortgage Broking Management. She is known for her thoroughness when conducting research and for superb customer service. To learn more about her firm, use the contact information above to reach her.
Under the worst-case scenario, population growth would fall below 400,000 people, there would be no rate cut, and commodity prices would remain firm. That could lead to an even larger drop in house prices in Sydney, Melbourne, Hobart and Canberra, but growth in Perth, Brisbane, Adelaide and Darwin. Grow your property investment knowledge with our free resources and property market reports.

Here at Home Group, we have finance specialists from National Home Finance that specialise in construction-based lending and can find the finance solution and package that best suits you! We have exclusive relationships with Keystart and major home lenders and we can ensure you have access to all the relevant government grants. We are committed to providing  transparent and straightforward advice.
The First Home Owner Grant in Western Australia is $10,000 for eligible first-home buyers to buy or build a new home. Dutton shares that Stockland has several new communities that will provide an attractive alternative to paying rent in established suburbs. Flaherty points to fierce competition and a long-term shortage of new homes as key reasons behind rising prices.
We help you prepare for pre-approval and match you with lenders that align with your financial position. Choosing the right loan structure can affect your repayments and long-term flexibility. There are several loan types that may suit first home buyers depending on your goals and financial position. There are several programs that may help reduce your upfront costs and make it easier to enter the market. The right option depends on your financial position, the property, and lender criteria.

Previous brokers didn’t care about structuring or providing us with products that would be best suited to our needs. If you want a good experience, definitely work with Seed, especially if you are an investor, self employed or have any unique situation. Gerry is highly professional, responsive and patient with all questions. My experience was seamless, and I was able to achieve the desired outcome quickly. If you need a new mortgage broker make sure Gerry is on your shortlist. Getting a home loan without a deposit has massive benefits, but it also carries unique risks.
It gives  you an idea of how much you can borrow to buy a property and what you can offer to potential sellers. Having pre-approval shows you’re a committed buyer and that you’ve already started your home loan application. This can put you in a good position to get full approval for your loan and exchange contracts before others in the market. Eligible first home buyers in WA may also receive transfer duty relief through the First Home Owner Rate, which is a concessional rate of duty for certain purchases of homes or vacant land.

Zanda Wealth Mortgage Brokers unquestionably makes our list of top Perth brokers. A few of the staff here have personally used their services and couldn’t speak more highly of them. Their team structure sets them apart from other broking firms because it allows them to operate more efficiently, leading to more approvals and a better result for you, the client. The ABS reported that total new loan commitments for dwellings fell 6.2% in the March quarter 2026, while new owner-occupier commitments fell 6.9%. The ABS also reported that new owner-occupier first home buyer loan commitments fell 4.3% in number and 6.7% in value during the quarter.
According to the Australian Bureau of Statistics (ABS), the number of first-home buyer loan commitments in Western Australia rose 1.7 % in Q2 2025, while the value of those loans jumped 5.7 %. Perth’s relative affordability, compared with Sydney or Melbourne, continues to attract both local and interstate buyers. Easystart Homes acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters on which we live and work, and we offer our respect to their Elders, past and present. A digital home loan with a low variable rate and access to one Everyday Offset account. See the First Home Owner Rate of Duty fact sheet for information about when a transaction will be assessed at the first home owner rate of duty. If you don’t notify the Commissioner as required, you may need to repay the FHOG and be reassessed for duty with penalties and may be ineligible for a future grant.