First Home Buyer Loans Melbourne

September 12, 2025
Wellman Finance

Buying your first home is exciting, but it can also feel overwhelming. Between saving for a deposit, understanding government grants and comparing loan options, there’s a lot to take in. That’s why working with an experienced first home buyer loan broker in Melbourne makes the journey easier.

At Wellman Finance, we specialise in helping first home buyers navigate the process with confidence. From finding the right loan to explaining every step clearly, we’re here to make your dream of home ownership a reality.

Challenges first home buyers face

For many first home buyers, the biggest hurdles include:

A wider choice of lenders and products

Understanding loan eligibility criteria

Knowing which grants and schemes apply

Managing the stress of paperwork and lender requirements

We simplify the process so you can focus on finding your home, not worrying about the finance.

Government support for First Home Buyers in Melbourne

As a first-time buyer, you may be eligible for valuable assistance, including:

First Home Owner Grant (FHOG):

A one-off grant for eligible buyers of new homes

Stamp duty concessions:

Discounts or exemptions on stamp duty

First Home Guarantee Scheme:

Buy with as little as a 5% deposit, without paying Lenders Mortgage Insurance

Our team will guide you through the application process to make sure you don’t miss out on any benefits.

Loan options for first home buyers

We’ll help you explore a range of loans to suit your budget and goals:

Low deposit home loans:

Start with as little as 5–10% deposit

Fixed rate loans:

Lock in certainty for your first few years

Variable rate loans:

Flexibility with repayments and extra payments

Combination loans:

A mix of fixed and variable to balance security and flexibility

Why choose Wellman Finance?

Local Melbourne experts who understand the first home buyer journey

Access to 40+ lenders and hundreds of loan products

Step-by-step support, from pre-approval to settlement

Clear, simple explanations, no jargon, just straight answers

Ongoing support for refinancing or upgrading in the future

At Wellman Finance, we don’t just arrange a loan, we build lasting relationships with our clients.

Download your free first home buyer guide

Buying your first home is exciting but can feel overwhelming. This guide breaks the process into clear, practical steps so you can move forward with confidence. With the right preparation, your first home is closer than you think.

How we help first Home buyers

Initial consultation:

We assess your budget and eligibility

Loan comparison:

We find the most suitable loan options

Grant & scheme guidance:

We help you apply for government support

Approval & settlement:

We manage paperwork and liaise with the lender

Ongoing support:

We’ll be here when you’re ready to refinance or upgrade

Start your home ownership journey today

If you’re ready to buy your first home in Melbourne, Wellman Finance is here to guide you every step of the way.

📞 Call us today or visit wellmanfinance.com.au. to book your free consultation or read our FAQS here.

Wellman Finance – Making home ownership possible for Melbourne’s first home buyers.

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