Planning to enter the Australian property market in 2026? More than just a savings plan, buying your first home in Australia requires a strategic financial roadmap. With shifting interest rates and evolving lending criteria, first home buyers are finding that the right mortgage broker is no longer just a luxury – they are a necessity.
At VOXFIN, we help you navigate the latest government incentives and bank policies to ensure you do not just get a loan, but you get the most cost-effective entry into homeownership possible.
We understand that buying your first home is one of life’s milestones, and it can be overwhelming to navigate the maze of information on the internet. VOXFIN’s expert brokers offer some critical insights in this blog as a comprehensive guide for all first home buyers in Australia.
Speak with our mortgage broker before you even start to search for a property.
What Do Mortgage Brokers Do for First Home Buyers?
A mortgage broker acts as a personal loan expert, guiding you through each step of the way from getting you a pre-approval to settlement, all at no cost to you. Here’s how it works.
Rachel and Tim, an aspiring first home buyer couple in Melbourne, recently approached us. They told us that they had almost bought a home and just two weeks before settlement, their local broker informed that they needed $1,700 more to cover the strata costs and council rates. Managing this last-minute amount was a big deal for them. The situation became stressful and they had to back off.
With our experienced mortgage broker assisting first home buyers in Australia, we make it a point that our clients have all the information upfront, so they do not have to face a stressful situation at the time of decision-making.
1. Loan Comparison Across 40+ Lenders
We shop around for you, comparing the lowest interest rates, maximum borrowing, and flexibility that suits your needs.
2. Explain Government Grants and Schemes
We will guide you with all the relevant information so you can make an informed decision on your investment.
- First Home Guarantee Scheme (FHGS)
- First Home Owner Grant (FHOG)
- Stamp Duty Concessions
3. Faster Pre-approval
We assist you in gathering all your paperwork and matching it with the lender’s policies and eligibility to get you pre-approval, so you can negotiate with confidence.
4. Personalised Guidance for Your Situation
We work with all types of first home buyers, single, couples, and self-employed buyers, offering guidance based on your current income and goals.
5. We strive to build lifelong professional relationships
Our goal is to provide you with relevant and appropriate financial knowledge, enabling you to make informed decisions about your investments. We are driven by excellence and take pride in being a partner in your wealth creation journey.
Key First Home Buyer Announcements – Australian Federal Budget 2025
First Home Guarantee Scheme (FHGS)
Leveraging the First Home Guarantee Scheme (FHGS) in 2026 The First Home Guarantee Scheme (FHGS) remains one of the most powerful tools for buyers. Under the 2025-26 federal guidelines,
5% Deposit, No LMI
Eligible buyers can purchase a home with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI), potentially saving over $30,000 upfront.
50,000 Places
The government has maintained 50,000 annual places to support citizens and permanent residents.
Regional Focus
The Regional First Home Buyer Guarantee continues to support those looking to buy outside major capital cities with similar low-deposit benefits.
How Our Brokers Save You Money in a 2026 Market
In the current market, a broker can save you money in ways an online search simply cannot.
We Identify Niche Lenders
Many smaller lenders offer lower rates for specific professions or green-certified homes (energy-efficient properties) that big banks often overlook.
We Possess Credit Policy Expertise
We match you with lenders whose internal serviceability calculators are more generous, which means that you may not need to reduce your lifestyle expenses as drastically to get approved.
We Ensure Valuation Accuracy
We can order upfront valuations to ensure you are not overpaying for a property in a volatile market, preventing you from over-borrowing.
We Provide Ongoing Rate Reviews
Our service does not end at settlement. We monitor your loan; if a better rate appears in the 2026-27 cycle, we negotiate a lower rate with your existing lender or help you switch.
Your 2026 First Home Buyer Prep List
- Check Your FHGS Eligibility – Ensure your income and the property price cap fit the 2026 limits for your specific state.
- Clean Up Living Expenses – Lenders are scrutinizing digital subscriptions and buy now, pay later accounts more than ever.
- Get Pre-Approved – In a fast-moving market, having a broker-backed pre-approval is the only way to negotiate with confidence.
Ready to Buy Your First Home?
At VOXFIN, we are passionate about helping Australians achieve their first home ownership – you will work with the best mortgage brokers for First Home buyers in Melbourne, Australia, providing the guidance you rely on.
Book a free first-home buyer strategy session today at https://voxfin.com.au/contact-us/ or simply call us at 03 7065 2000.
