First Home Buyers
Our First Home Buyer Services
At Thin Blue Home Loans, we understand that buying your first home can feel overwhelming.
Our first task is to takeaway the stress for you by answering all your questions and helping you understand the way forward for your specific circumstances.
We guide you through deposits, government grants, lender policies, and hidden costs-so you can buy with confidence and avoid common pitfalls.
Our FHB Services
At Thin Blue Home Loans, we understand that buying your first home can feel overwhelming.
Our first task is also to takeaway the stress for you by answering all your questions and helping you understand the way forward for your specific circumstances.
We guide you through deposits, government grants, lender policies, and hidden costs-so you can buy with confidence and avoid common pitfalls.
Why Choose Us For
Your Home Loan
Step-by-step support from pre-approval to settlement.
Access to first home buyer programs and grants
Full transparency on loan fee sand timelines
Long-term guidance, even after settlement
Frequently Asked Questions
What is the First Home Owner Grant (FHOG)?
It’s a government grant to help first home buyers. We’ll check if you qualify and apply on your behalf. This can reduce the upfront costs of your first property and make entering the property market easier
How much deposit do I need?
Usually 5–20%, but some lenders offer low-deposit options. We’ll calculate exactly what’s required for your situation and show you ways to get started sooner.
Can I buy with no savings?
Believe it or not ,Yes you can! There are some lenders (not all) who have special policies and products which allow you to borrow 100% of the purchase price. We’ll explore whether you meet the criteria and if these products could work for you
What hidden costs should I know about?
Costs like stamp duty, conveyancing, and inspections-we’ll give you a full estimate upfront. Knowing these early helps you avoid any last-minute surprises at settlement
Do I need pre-approval?
Whilst not essential, pre-approval shows how much you can borrow and may strengthen your offer. It also helps you shop confidently within your price range
What’s LMI (Lenders Mortgage Insurance)?
LMI is an insurance policy which is taken out if your deposit is under 20%.The policy protects the lender if you default on your repayments. But here’s the kicker–the lender charges you for the cost of the policy.
We’ll help you avoid LMI where possible, but if unavoidable, we’ll explain the cost and impact clearly so you can make an informed decision
Can I use my super for a deposit?
Yes, under the First Home Super Saver Scheme. This allows you to access voluntary super contributions to boost your savings.
How long does loan approval take?
Each lender has different processing times but usually the approval process can be complete in under 2 weeks. We’ll manage the process closely to avoid unnecessary delays
Should I fix or keep my rate variable?
Every person’s situation is different, and both fixed and variable rate loans have pros and cons which either will or won’t suit a person based on factors like income, budgeting and future plans. We’ll help navigate through your loan options so you can make an informed decision which supports your needs
Do I need a conveyancer?
Yes, and we can recommend trusted ones. They handle all the legal aspects and ensure a smooth property transfer.