A competitive variable rate home loan with discounts tailored to you, plus access to offset and an extensive range of features. If eligible, the FHOG and/or first home owner rate of duty will be approved with the condition that the prescribed residence requirement is satisfied. So, take advantage of available resources, set your sights on the right suburbs, and don’t be afraid to make informed decisions. With Perth’s strong economy, growing infrastructure, and supportive government programs, 2025 can be the year you make your homeownership dream a reality.
This allows us to conduct our search in a timely manner and provide you with suburb profiles that will be to your Mining Industry Home Loans WA liking. Packages simplify the process, reduce delays and often work out cheaper than buying established or building separately. If the house hasn’t been built yet, you’ll only pay stamp duty on the land.
If you’re buying your first home in Perth or anywhere in WA, the game is about to change. Inheritance or someone willing to gift you a deposit is also a way to go. We work with our selected providers to make your transition an easy one. If you're self-employed and ready to buy, talk to our Home Lending Specialists about financing your home loan and business banking needs together.
Assess your current financial situation, including savings for a deposit, debt levels, and income stability. First home buyers may need to demonstrate financial readiness to lenders when applying for a first home buyer loan or comparing different first home buyers mortgage products. This process involves verifying your financial health and determining how much you can borrow. Pre-approval helps you shop for a home within your budget, whether you’re looking to buy an established home or build a new one in the Perth metropolitan area. Many applicants choose to work with a mortgage broker for first home buyers at this stage to strengthen their application. This is a one-off payment designed to assist first-time homebuyers in purchasing or building their new home.
This gives you the certainty of fixed rate repayments on a portion of your loan and the flexibility of a variable loan on the rest. You can choose the proportion of your split, whether it’s 50/50, 60/40 or 70/30 etc. There’s no golden ratio, it will depend on your financial situation. Most lenders only require a 5-10% deposit for a first home buyer loan, although you may have to pay LMI. This is unless you have a guarantor securing part of your loan or apply through the First Home Guarantee (FHBG).
Use digital comparison tools such as RateBuster.com.au to evaluate Perth’s latest rates, cashback deals, and low-deposit offers. Even a 0.25 % rate difference can save tens of thousands over a 30-year loan term. You pay more interestBorrowing more money means you’ll pay more in interest over the life of the loan.
Interest rates, fees and charges are subject to change without notice. Before acting on any information, you should confirm the interest rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best” these relate solely to the rates of interest offered by the provider and not on any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates. Mortgage brokers are not authorised by Money Pty Ltd's Australian Credit Licence and operate under their own Australian Credit Licence, or as a credit representative of another Australian Credit Licensee.
Here at Home Group, we have finance specialists from National Home Finance that specialise in construction-based lending and can find the finance solution and package that best suits you! We have exclusive relationships with Keystart and major home lenders and we can ensure you have access to all the relevant government grants. We are committed to providing transparent and straightforward advice.
Their genuine care for their clients also makes them stand-out service providers. The company’s overarching theme is to lead its clients to a better financial place than before engaging with the business. We’ve checked all the best ones in the area and put the top ten ones in our list below. For first home buyers, success in today’s market is not just about finding the right property.
Eligible customers receive conditional approval in as little as 10 minutes. Eligible customers receive conditional approval in as little as 10 minutes when they apply online. Nothing brings us greater joy than helping our clients get the property they want. Even new builds can have construction defects, non-compliant work, or hidden pest risks. An inspection helps ensure your property meets standards before you move in.
Over the next decade, demand for housing is expected to benefit from the triple boost of rising population, rising jobs, and rising income. What sets these neighbourhoods apart is the demographics – these locations are generally gentrifying or are lifestyle locations and destination locations that aspirational and affluent people want to live in. There is no end in sight for our rental crisis, and rent prices will continue skyrocketing into 2026.
Finding the right loan means balancing interest rates, features, and flexibility — not just chasing the lowest number. The table below highlights several standout lenders offering first-home buyer-friendly deals as of October 2025. In Perth, several local and online lenders now offer competitive variable products with 100% offset facilities, no annual fees, and unlimited extra repayments.
As a first home buyer, there are many different home loan options available to you, including guarantor home loans, where you may not need a deposit at all, to purchase your first home. Mortgage brokers we spoke to said in certain situations lenders might consider including your FHOG as part of your deposit, most commonly with off-the-plan property transactions. FHA loans are a popular first-time buyer option because they offer low down payments, flexible credit requirements, and easier qualification than many other mortgage types. We’ll cover the best first-time home-buyer loans below, but here’s a quick look at six standout programs and what it takes to qualify. Many first-time home-buyer programs also offer down payment and closing cost assistance, which can make a big difference if you don’t have much saved.
The offset facility on your loan account is not covered by any Government guarantee. International transaction fees apply on purchases or cash advances while overseas or in Australia when the merchant processing the transaction is located overseas. ATM fees apply for a cash withdrawal at a non major bank ATM or rediATM in Australia. “With median house prices now approaching $1 million nationally, the pool of sub-$800,000 properties has shrunk dramatically, concentrating demand among remaining affordable options,” Conisbee said.
Perth Trusted Help for First Home Buyers
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4 min read
