Your first home, made simple — with clarity, guidance and strategy.
Buying your first home is a milestone — but the process can feel overwhelming.
At KOI Mortgages, we specialise in helping first-home buyers navigate lending rules, government incentives, lender policies and the buying process with clarity.
We take the time to break everything down in plain language, show you all your options, and build a loan strategy that fits your life — not just the bank’s checklist.
Whether you’re just beginning your research or ready to apply for pre-approval, we guide you from start to settlement.
Government Benefits & First-Home Buyer Assistance
Australia offers several incentives to help first-home buyers enter the property market.
Government Benefits & First-Home Buyer Assistance
Australia offers several incentives to help first-home buyers enter the property market. Below are the key programs available (we can localise this specifically to Victoria if you prefer):
First Home Owner Grant (FHOG)
Many states offer a $10,000–$30,000 grant when you buy or build a new home that meets eligibility criteria. We help you confirm eligibility and apply during the loan process.
First Home Buyer Stamp Duty Concessions
Most states offer stamp duty exemptions or discounts for first-home buyers.
Example (Victoria):
- $0 stamp duty for properties up to $600,000
- Discounted duty for $600,001–$750,000
- Concessions available for both new and existing homes
We calculate your exact savings and show you how much more this may add to your buying power.
First Home Guarantee (FHBG – formerly FHLDS) and Regional First Home Buyer Guarantee (RFHBG)
Allows eligible first home buyers to purchase with just 5% deposit and no LMI.
- You save $10,000–$30,000+ by avoiding LMI
Family Home Guarantee (Single Parents)
Single parents or guardians can buy with 2% deposit and NO LMI, with no need to be a first-home buyer.