It depends on the lender and your situation. Some first home buyers can get approved with as little as 5% deposit when using eligible government schemes. Investors generally need 10–20%, and SMSF loans usually require 20–30%. A larger deposit reduces your loan amount and may help avoid Lenders Mortgage Insurance (LMI).

Common purchasing costs include:
✅ Stamp duty (varies by state and exemptions may apply)
✅ Legal/conveyancing fees
✅ Building & pest inspections
✅ Lenders Mortgage Insurance (if <20% deposit)
✅ Bank and settlement fees
We will calculate these up front so there are no surprises.

Your borrowing power is based on your income, expenses, existing debts, and credit history. Each bank assesses this differently, so borrowing capacity can vary significantly. We compare multiple lenders and align you with the one that maximises your borrowing power safely.

A pre-approval confirms how much a lender is willing to let you borrow.
It helps you:
✅ Shop with confidence
✅ Bid or make offers faster
✅ Avoid falling in love with a property outside your budget
It is not a full approval — final checks are completed once you choose a property.

Yes, but there are strict rules:
• The property must be for investment only (no personal use)
• It must be purchased under a Limited Recourse Borrowing Arrangement (LRBA)
• Minimum deposit and liquidity rules apply
We work with lenders who specialise in SMSF lending and can guide you step-by-step.

There are several national and state-based schemes for eligible buyers, including:
• First Home Guarantee (as little as 5% deposit, no LMI)
• First Home Owner Grant (new builds in eligible states)
• Stamp duty concessions for first home buyers
• Family Guarantee (with parental support)
We check all available programs and ensure you don’t miss out on free benefits.