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First Home Buyers — broker support across Australia

Most first home buyers walk in not knowing what they don't know — and that's completely normal. TwoFold Lending starts from the beginning: what you can genuinely borrow, how much deposit you actually need, which government grants and schemes apply to your situation and what to expect every step of the way. We've done this many times and we'll walk alongside you through every part of it.

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From zero experience to settlement — we walk you through every step.

Most first home buyers come to us without knowing how the process works, what they can borrow or what deposit they'll actually need. That's exactly where we start — no assumptions, no jargon. We cover borrowing capacity, realistic deposit targets, which government schemes apply to your income and property, and what the process looks like from approval through to settlement day.

Deposits, grants and borrowing power — the honest picture.

The most common mistake first home buyers make is planning around a deposit figure they found online without understanding how lenders actually assess it. Lenders Mortgage Insurance, genuine savings requirements, the First Home Guarantee and various state grants all interact differently depending on your income, your property type and your purchase price. Understanding which scheme applies — and which lender participates in it — matters as much as the deposit number itself.

TwoFold Lending works through all of this upfront so you're building toward a target that's actually achievable for your situation, not a generic number from a calculator. We tell you honestly what's possible, what it will take and what to expect at every stage.

Common questions

First Home Buyers — frequently asked questions

When should first home buyers speak to a broker?

The earlier, the better. Even if you're 12 months away from buying, a broker conversation helps you set the right savings target, understand what lenders look for and avoid the common missteps that trip first buyers up. Starting early gives you a much clearer path.

What first home buyer grants and schemes are available?

Common options include the First Home Guarantee, stamp duty concessions and various state-based grants. Eligibility depends on your income, the property you're buying, which state you're in and your personal circumstances. We help you understand exactly what applies to your situation — not just the general rules.

How much deposit do I actually need as a first home buyer?

A 20% deposit lets you avoid Lenders Mortgage Insurance, but plenty of first buyers purchase with less. With the right scheme or lender, buying with a smaller deposit is possible. We'll show you the real numbers and the genuine trade-offs so you can decide what works for you.

How long does the whole process take?

Pre-approval usually takes a few days to a week. Once you've found a property and your offer is accepted, settlement typically takes 30 to 90 days depending on the contract terms. We keep you informed at every stage so you're never left wondering what comes next.