First Home Buyers
If you’re gearing up to purchase your first home, you’re going to need a competitive first-home buyer loan to seal the deal. Clark Finance Group can help you find the right home loan for your circumstances, simplifying your journey to homeownership.
Ready to Buy Your First Home?
As a first-home buyer in Melbourne, there are many things you need to get your head around, from financial jargon to filling out paperwork. The good news is, taking the initial steps to get into your first property or apartment does not have to be daunting.
Let Clark Finance Group help you by explaining what’s involved in terms of deposits, first-home buyer grants and applying for a home loan. We do all the heavy lifting to find the right first-home buyer loan, working with a wide pool of lenders, from big banks to credit unions, to secure the best deal available.
We aim to make your journey to homeownership feel simple and stress-free.
Book your first consultation to find out what’s possible.
Other loan options available with Clark Finance Group
Aside from first-home buyer loans, we also offer the following loan options:
Let’s Plan Your Big Move
When you work with us to buy your first home, you’ll benefit
from personalised advice as we explore:
- How much you can borrow
- What repayments will look like
- First home buyer grants
- The total cost of purchasing a property
- A long-term plan for the future
Our experts will review every option, help you choose the right
loan and submit an application on your behalf.
Ready to Buy Your First Home?
We will start with an in-depth discussion before we research all the options available to you and manage the process of applying for a home loan from start to finish.
Sometimes the process can take several months as you save your deposit and organise your finances/budget.
Let us provide the information and support you need to achieve your goals.
Melbourne’s First Home Buyer Specialists
At Clark Finance Group, we specialise in arranging home loans for first-time buyers in Melbourne and making sure they take advantage of all available first-home buyer grants and concessions.
We understand the challenges of taking this major step and are here to support you from start to finish.
FAQ's
A first-home buyer loan is specifically designed for individuals purchasing their first property, often featuring lower deposit requirements and potential government incentives, such as grants or stamp duty concessions. This differs from regular home loans, which typically don’t offer these benefits and are available to a broader range of buyers, including those purchasing their second home or investment properties.
First-home loans often come with competitive interest rates, reduced deposit requirements and access to government grants or concessions, making homeownership more accessible. They may also offer repayment flexibility, such as the option to make extra payments without penalty, helping to reduce the loan’s lifespan and total interest paid.
These benefits are designed to support first-time buyers on their journey to homeownership, as the financial demand can be overwhelming for those new to the property market.
Yes, given the financially intensive nature of buying your first home, the Australian government has put together many government incentives and schemes to ease the demand for first-home buyers. For instance, the First Home Owner Grant (FHOG) provides a one-time payment to assist with purchasing a new home or construction.
The First Home Buyer Assistance Scheme is also available, which allows first-home buyers to pay less or no transfer duty on their first home, depending on the property’s value.
While many lenders offer first-home buyer loans in their suite of loan products, it’s important to remember that not all first-home loans are created equally. Between different interest rates, varying fee structures and other loan features, it can be tricky to determine which first-home loan best fits your needs.
With a wide pool of lenders to sift through, Clark Finance Group simplifies the process, helping you find the most competitive first-home buyer loan for your circumstances. We consider various factors, such as your borrowing capacity, whether you qualify for grants and how much you can repay each month.
Get in touch
More information?
Book a free consultation
support@clarkfg.com.au
Phone 1300 366 670
