Buying your first home is one of the biggest financial decisions you will ever make. So why would you navigate it alone?
Unconditional Finance is Sydney's award-winning mortgage broker for first home buyers. We compare first home buyer loan options across 40+ lenders, secure your best interest rate, and manage the entire process from pre approval through to settlement.
No awkward bank appointments. No confusing paperwork. No guessing games about what you can actually afford.
Here is why so many Australians choose us to get their first foot in the door:
Not sure if you are eligible? Most people who have never owned property in Australia tick the boxes. Here is the general eligibility criteria for first home buyer loan schemes and grants.
Australian citizen or permanent resident at the time of application
Never previously owned residential property in Australia, in your own name or jointly
Owner-occupied purchase — the property must be your principal place of residence, not an investment property
Age 18 or over for all applicants on the loan
Property within purchase price caps, which vary by state, scheme, and property type
Income caps apply for some schemes such as the First Home Guarantee
Individual circumstances vary. We review your eligibility as part of your free initial assessment with no cost and no obligation. Book your assessment here.
Still think you need a 20% deposit to buy? Think again.
The Australian Government and state governments fund several schemes that reduce upfront costs, cut stamp duty, or allow eligible first home buyers to purchase with a smaller deposit.
Buying your first home in Australia means you have access to support that previous generations simply did not.
$10,000 one-off grant for eligible first home buyers purchasing or building a new home valued up to $600,000, or up to $750,000 for new builds. Funded by the NSW Government under its own legislation.
National scheme allowing eligible Australians to purchase with a 5% deposit, no lenders mortgage insurance required. The government guarantees the remaining deposit shortfall. Property price caps up to $1.5 million in Sydney.
Support for eligible single parents with dependents to purchase with as little as a 2% deposit with no LMI, backed by the federal government through Housing Australia.
First home buyers in NSW purchasing a property valued up to $650,000 may receive a full stamp duty exemption. Concessions apply on a sliding scale for properties up to $800,000.
Allows eligible buyers to withdraw voluntary contributions from superannuation to put towards a house deposit, combining the tax benefits of super with home ownership saving.
We identify which schemes you qualify for as part of your assessment and manage all grant applications on your behalf. Most first home buyers in Australia are sitting on thousands of dollars in grants and concessions they do not even know about.
Not sure which loan structure suits your situation? That is exactly what we are here for. We compare loan products from 40+ lenders to find the right fit for your financial situation.
Variable interest rate loans move with the RBA cash rate and market conditions, so your monthly repayment can go up or down over time. Variable loans typically offer flexible features including an offset account, unlimited extra repayments, and a redraw facility. Most first home buyers choose a variable rate for the flexibility it provides.
Fixed rate home loans lock your interest rate for a set term, usually one to five years. This gives you certainty over your monthly repayment regardless of RBA cash rate changes. Useful if you are on a tight budget or want predictable repayments in your first years of home ownership. Think of it as locking in your peace of mind.
A split home loan divides your borrowing between a fixed rate portion and a variable rate portion. You get repayment certainty on the fixed component and flexibility on the variable component. A popular structure for first home buyers who want stability without giving up all flexibility.
Some lenders offer first home buyer loans with deposits below 20% without requiring LMI, either through professional LMI waiver programs or government-backed guarantees like the 5 deposit scheme. Read our guide on 95% LVR home loans and borrowing with a 5% deposit for more detail.
Knowing your upfront costs before you start searching is one of the most effective ways to buy sooner without nasty surprises. Here are the main costs to account for:
LMI protects the lender, not you, if you default on your loan when your deposit is below 20%. LMI can add $8,000 to $20,000 or more depending on the loan amount and deposit. The good news? There are ways around it. Some eligible buyers can avoid LMI entirely through professional waiver programs or government guarantees. Read our comparison on no LMI vs low deposit strategies.
When you take out a home loan, you will typically encounter several upfront fees. These include loan application fees, valuation fees, settlement fees, and mortgage registration charges. Our guide to mortgage fees explained breaks these down in plain language.
Stamp duty is a state government tax on property purchases, typically one of the biggest upfront costs after your deposit. In NSW, first home buyers purchasing a property valued up to $650,000 may be exempt. Concessions apply on a sliding scale up to $800,000.
Pre-purchase building and pest inspections typically cost $400 to $800. A few hundred dollars upfront can protect you from tens of thousands in surprises down the track. Do not skip this step.
We manage the whole process for you. Most first home buyers receive conditional approval within two to five business days. No chasing lenders. No endless hold music. No wondering what is happening next.
We review your financial situation, income, saving habits, deposit size, and property goals. We calculate your borrowing power, identify which government schemes you qualify for, and confirm your eligibility criteria across different lenders. No credit check. No obligation.
We compare first home buyer loan rates and products from 40+ lenders to present your best options side by side. Interest rates, fees, offset features, and repayment flexibility are all considered. We give you a clear recommendation in plain language.
Once you choose your loan, we prepare and lodge your application with all supporting documents. We manage the correspondence with the lender throughout the approval process. We also handle all government scheme and grant applications on your behalf.
We coordinate with your solicitor or conveyancer and the lender to ensure settlement proceeds smoothly. After settlement, we remain your dedicated mortgage broker for ongoing rate reviews and future property needs. Within 18 to 24 months of your first purchase, refinance often becomes worthwhile, and we review at no cost. Read our guide on how to pay off your mortgage faster to get ahead from day one.
Book your free strategy session and we will walk you through exactly where you stand.
Our Lender Panel
Including all four major banks, specialist lenders, and non-bank alternatives — ensuring you always get the best deal.
This is not just another transaction. It is your future.
Founded by Chris Raymond, a two-time Broker of the Year and the #1 ranked loan writer with SFG, Unconditional Finance has helped over 800 first home buyers settle since 2019. We combine scheme expertise, lender relationships across 40+ banks, and personal service that makes the home buying journey easier from day one.
Our People
Principal Finance Broker
18 Years in the Industry
Founder and multi-award-winning broker specialising in strategic loan structuring for long-term portfolio growth. #1 SFG Top 50 Loan Writer and 2025 Broker of the Year.
Credit Representative (486040) of Mortgage Specialists Pty Ltd ACN 612 422 178 · ACL 387025
Meet Chris
Operations Manager
16 Years in the Industry
Highly organised finance professional ensuring smooth, efficient progress from submission to settlement. Nominated for Best Administrator by SFG.
Credit Representative (455589) of Mortgage Specialists Pty Ltd ACN 612 422 178 · ACL 387025
Meet Stephanie
Credit Analyst / Broker
15 Years in the Industry
Former banker with deep lender process expertise, crafting strong applications for consistently smooth approvals.
Credit Representative (549331) of Mortgage Specialists Pty Ltd ACN 612 422 178 · ACL 387025
Meet William
Credit Analyst
5 Years in the Industry
Detail-driven analyst focused on compliance, clarity, and client-first lending support.
Meet ReeceWhether you are just starting to research or ready to apply, we are here to help you buy sooner with the right loan, the right rate, and the right government scheme for your situation. Free assessment, no credit impact, and a response within 24 hours.
Your first home is closer than you think. Take the first step.
No cost to you | 40+ lenders | Government schemes managed | MFAA Accredited
Start Your First Home Buyer AssessmentPrefer to call? 1300 484 390
Recognition
Year-by-year highlights of the awards earned by our brokers and business. Full list available on our Awards page.
Top Mortgage Employer · 2025
