Personal lending
Your first home may be closer than you think.
Forget the 20% deposit myth. With the right government scheme, genuine savings of 5% can be enough, and we work the schemes every week.
Myth busting
Three myths that keep first buyers renting.
Myth 1. You need 20% deposit.
Under the government guarantee scheme, eligible buyers with 5% genuine savings can borrow up to 95% without paying lenders mortgage insurance. Property price caps apply, currently generous in Melbourne.
Myth 2. LMI will crush you.
With the scheme, most eligible first buyers do not pay it at all; only around one in ten of our first home buyers end up needing LMI.
Myth 3. My spending history rules me out.
Lenders look at your position and your genuine savings; sensible adjustments before applying make a real difference, and we tell you exactly what matters.
All figures general information only; schemes and caps change.
What you get
Scheme expertise, and someone with you all the way to the keys.
Scheme navigation.
We check your eligibility across the government schemes and stack the ones that fit.
A realistic number, fast.
Know what you can pay before you fall in love with a place. Start with our home loan calculator.
Pre-approval you can bid with.
Auction-ready finance, not a maybe.
Hand-held to the keys.
One link for documents, three options explained, and updates at every stage.
Our process
Three steps, and you always know where you are.
We work the same way on every loan, so nothing gets lost and you are never left guessing. Here is what happens between the first conversation and settlement.
Tell us the goal
A quick conversation, then one link to send us your documents, with a clear list of exactly what we need.
Three options
We assess your position, check lender policy before anything is lodged so your credit file is protected, and present three clear options in plain English.
Lodged, chased, settled
We prepare the paperwork, update you at every stage, chase the lender so you do not have to, and stay contactable after settlement.
Common questions
Questions we get asked.
Under the government guarantee scheme, eligible first buyers can get in with 5% genuine savings and no lenders mortgage insurance. Outside the scheme, more deposit means more options. We check your eligibility in the first conversation. (General information only.)
Broadly, money saved and held over time rather than a sudden gift, though policies differ by lender and gifts can still help elsewhere in the application. We map it for your exact situation. (General information only.)
Yes, several ways: gifted funds, or in some cases acting as guarantor. Each path has different implications and we explain them plainly before anyone signs. (General information only.)
Once your documents are in, pre-approval typically takes days to a few weeks depending on the lender. We tell you the realistic timeframe up front and keep you updated at every stage.
Ready to find out what you can actually buy?
The first conversation costs nothing and comes with no obligation.
Or call (03) 9574 8300
