Helping first‑time home buyers secure their first home sooner
At Frontline Financial Solutions, we specialise in guiding first home buyers to access government‑backed home loans, tailored to their needs. With our wide network of over 30 participating lenders and deep expertise in the Home Guarantee Scheme, we enable buyers to enter the property market with a deposit as low as 5%.
How the Scheme Works
- You save a minimum deposit (5 % general, 2 % single parent option).
- Housing Australia guarantees up to 15 % (or 18 % for Family Guarantee) of the loan to a Participating Lender.
- The lender provides the home loan up to 95 % of property value—no lender’s mortgage insurance (LMI) needed
What to Expect When You Work With Us
- Immediate help determining if you qualify under scheme rules
- Coordination with participating lenders to lodge applications
- Assistance with gathering essential documents
- Advice on how low‑deposit borrowing affects long‑term interest and risk, balanced with opportunity.
Important Considerations
- A smaller deposit can increase overall interest costs and loan risk.
- Some critics argue that demand‑side incentives may inflate house prices without addressing supply constraints.
Ready to take the first step?
Contact our team today to explore your eligibility, review property price caps, and get expert help applying through a Participating Lender authorised by Housing Australia. We’ll help you navigate the First Home Guarantee Scheme efficiently and confidently
FAQ’s – First Home Buyers
1. What is the First Home Guarantee?
The First Home Guarantee is a government initiative allowing eligible first‑home buyers to purchase a home with as little as 5% deposit, without paying Lender’s Mortgage Insurance.
2. Who is eligible for the First Home Guarantee?
Australian citizens and permanent residents who have not owned property in the last ten years, earn under the income cap, and intend to live in the property are generally eligible.
3. Can I access the scheme if I’m buying with someone else?
Yes. Two eligible applicants can apply jointly under the First Home Guarantee, provided they meet the income and property criteria.
4. How do I apply for the First Home Guarantee?
You must apply through a Participating Lender. At Frontline Financial, we handle the full process on your behalf, including eligibility assessment and application submission.