Buying your first home is exciting, but it can also feel overwhelming. If you are a first home buyer on the Sunshine Coast, Fundli is here to guide you through the process with clear, honest mortgage advice and support at every step.
As a local Sunshine Coast mortgage broker, we help first home buyers understand their options, compare home loan products, and navigate grants, deposits, and lender requirements with confidence.
Choosing the right mortgage broker can make a significant difference when buying your first home. At Fundli, we work exclusively in your best interest, helping you access suitable first home loan options from a wide range of lenders.
Every first home buyer’s situation is different. We provide personalised guidance based on your income, savings, goals, and lifestyle.
Our first home loan support includes:
If you are eligible, government incentives can make a real difference to your first home purchase. These may include the First Home Owner Grant and stamp duty concessions for new homes.
We help first home buyers understand:
Fundli is a Sunshine Coast-based mortgage broker supporting first home buyers, home buyers, and investors with clear, reliable lending solutions.
When you work with Fundli, you benefit from:
Buying your first home is a big step, and it starts with a conversation. In our first chat, we take the time to understand your goals, your lifestyle, and what home ownership looks like for you.
We’ll review your income, savings, deposit, and any existing commitments to determine your borrowing capacity and explain everything in clear, simple terms. No jargon, no pressure, just clarity.
Once we understand your position, we explore first home loan options suited to you. This includes comparing lenders, interest rates, repayment structures, and features that matter for first home buyers.
We’ll also guide you through available first home buyer grants, schemes, and incentives, helping you understand what you may be eligible for and how to make the most of them. Our goal is to build a loan strategy that supports you now and into the future.
When you’re ready to move forward, we manage the entire loan application process for you. From gathering documents to liaising with lenders, valuers, and conveyancers, we take care of the details so you don’t have to.
We keep you informed at every step, explain what’s happening, and ensure the process moves as smoothly and quickly as possible right through to settlement day.
Our support doesn’t stop once you get the keys. As your circumstances change, your loan may need to change too. That’s why we offer ongoing reviews and check-ins to ensure your loan continues to suit your needs.
If there’s an opportunity to improve your rate, restructure your loan, or plan your next property move, we’ll be in touch. Think of us as your long-term finance partner, not just your first home broker.
A first home buyer is someone purchasing their first property to live in as their primary residence. In Australia, first home buyers may be eligible for government grants, stamp duty concessions, and other incentives designed to help you enter the property market sooner. At Fundli, we specialise in helping Sunshine Coast first home buyers navigate the entire process from understanding your borrowing capacity to settlement with expert mortgage broker guidance.
First home buyers on the Sunshine Coast and throughout Queensland may be eligible for the First Home Owner Grant (FHOG) of up to $15,000 for new builds or substantially renovated homes, and stamp duty concessions that can save you thousands. There's also the First Home Guarantee scheme which allows eligible first home buyers to purchase with as little as a 5% deposit without paying Lenders Mortgage Insurance. At Fundli, we help Sunshine Coast first home buyers identify all available grants and concessions and structure your purchase to maximise your benefits.
Traditionally, lenders require a 20% deposit to avoid Lenders Mortgage Insurance (LMI). However, first home buyers on the Sunshine Coast can often purchase with as little as 5% deposit under the First Home Guarantee scheme or by paying LMI. At Fundli, we assess your savings, income, and eligibility for government schemes to determine the best deposit strategy for your situation. We work with lenders who specialise in low-deposit home loans for first home buyers.
The First Home Guarantee (formerly First Home Loan Deposit Scheme) is a government initiative that allows eligible first home buyers to purchase a property with as little as a 5% deposit without paying Lenders Mortgage Insurance. The government guarantees up to 15% of the property value, reducing the lender's risk. There are limited places available each financial year, so it's important to act quickly. At Fundli, your local Sunshine Coast mortgage broker, we help you determine your eligibility and submit applications to participating lenders.
Lenders Mortgage Insurance (LMI) is a one-off premium charged when you borrow more than 80% of the property value. It protects the lender if you default on the home loan. First home buyers with smaller deposits typically pay LMI unless they qualify for the First Home Guarantee scheme. While LMI adds to upfront costs, it allows you to enter the Sunshine Coast property market sooner rather than saving for years. At Fundli, we calculate LMI costs and explore all options to minimise or avoid it for first home buyers.
Your borrowing capacity as a first home buyer depends on your income, expenses, credit history, existing debts, and deposit size. Most lenders assess your ability to service the home loan based on your current financial position and future commitments. As a first home buyer, lenders may also consider rent savings and government guarantees. At Fundli, your Sunshine Coast mortgage broker, we pre-assess your borrowing capacity and work with lenders who offer competitive interest rates and favourable terms for first home buyers.
The first home buying process on the Sunshine Coast typically involves: 1) Getting pre-approved for a home loan with a mortgage broker to understand your budget, 2) Researching the Sunshine Coast property market and finding a property, 3) Making an offer or bidding at auction, 4) Signing the contract (subject to finance and building inspection), 5) Finalising your home loan approval, 6) Conducting building and pest inspections, 7) Settlement where ownership transfers to you. At Fundli, we guide Sunshine Coast first home buyers through every step, coordinate with solicitors and conveyancers, and ensure a smooth journey to homeownership.
