The Journey to your first home starts here

Tired of scrolling- we specialise in helping first- home buyers get a home loan faster and for less. Find out how much you can borrow, we will compare eligability to over 40 lenders and government and bank schemes.

Everything You Need in One Welcoming Place

Feeling overwhelmed by the homebuying process? You're not alone! That's exactly why we've created this comprehensive guide. Here you'll discover practical answers to your burning questions: how much deposit you actually need, how banks calculate your borrowing power, and what those confusing banking terms really mean.

Ever wondered what LMI, LVR, Guarantor, or FHLDS stand for? Don't worry—we'll translate all that banking jargon into language that makes sense.

Three people seated around a table.

Learn Your Way

We understand that everyone learns differently! If reading through guides isn't your thing, we've got you covered. Simply reach out to your dedicated broker, and we'll set up a completely FREE First Home Buyer Meeting just for you.

During this personalized session, we'll walk through everything you need to know about purchasing your first home. We promise to break down each complicated concept into easy-to-understand terms, so you'll feel confident and informed every step of the way.

Silhouette of a person jumping with arms raised in the air, expressing joy or excitement.

Your Journey Starts Here

Remember, buying your first home should be exciting, not stressful! Your broker is here to support you from your very first question to the moment you receive your keys—and beyond.

Ready to take the next step? We're just a phone call away and can't wait to help make your homeownership dreams come true!

Discover how much you can really borrow

Simple Ways to Trim Your Expenses

Take a look at where your money goes each month. Could you cut back on those takeaway coffees or streaming services you rarely use? Even small changes add up! Why not try negotiating better deals on your bills? A quick phone call to your providers might save you hundreds over the year.

Building Your Nest Egg Step by Step

Remember, every dollar counts! Start with whatever you can manage – even small amounts will grow over time. Consider opening a separate savings account that's a bit harder to access, like a term deposit. Setting realistic timeframes and targets helps keep you motivated and accountable.

Boosting Your Income

Sometimes cutting expenses only goes so far. Why not explore ways to increase what's coming in? Have a talent or hobby that could become a side hustle? Now might be the perfect time to explore it! Extra income doesn't mean sacrificing all your fun – it just means getting creative about your skills.

Tackling Those Pesky Debts

Getting your debts under control is one of the best gifts you can give your future self. Consolidating multiple debts can often lower your interest rates and make payments more manageable.

Don't Miss Out on Free Money!

The Australian government wants to help you achieve your homeownership dreams. There are several financial boosts available like the First Home Buyers Grant, HomeBuilder Grant, and First Home Grant. These programs were created specifically to give people like you a helping hand – and every bit helps on your journey to your first home!

Breaking Into the Property Market Without a Deposit

Dreaming of owning your own slice of land but struggling to save for a deposit?

You're not alone! With property prices continuing to climb alongside the rising cost of living, many first-time buyers find themselves wondering if homeownership is even possible while juggling rent, groceries, and everyday expenses.

The good news? No deposit home loans aren't just a fantasy - they're becoming an increasingly popular pathway to property ownership!


If you're hoping to enter the property market while keeping your upfront costs as low as possible, it makes perfect sense to explore all available options.


Typically, if you don't have a 20% deposit saved, you'll need to pay Lenders Mortgage Insurance (LMI). With Melbourne's median house price hovering around $1 million, that means you'd need approximately $200,000 saved to avoid LMI - a daunting figure for most first-time buyers!


For many First Home Buyers, spending years (or even decades) saving while property prices continue to rise simply isn't practical - especially while still paying premium rental prices.


Meanwhile, the additional cost of LMI isn't particularly appealing either.


That's where no deposit home loan options come in! While a larger loan amount may mean paying more interest over time, many buyers find this preferable than remaining in a competitive rental market indefinitely.


At LendAU, we understand the unique challenges buyers face, and we're here to help you navigate all your options for breaking into the property market - even without that traditional deposit.

No Deposit? No Worries with Guarantor Loans


A guarantor home loan allows you to purchase property with little to no deposit by having someone you trust (typically a parent or close family member) use equity in their own property as security for your loan. While they have no ownership rights to your new home, their support can make homeownership possible when saving a traditional deposit seems out of reach.

The major advantage for Australian home buyers? You can potentially enter the property market with zero deposit and avoid Lenders Mortgage Insurance (LMI). Your guarantor's property equity provides the security lenders need, helping you bypass the significant upfront costs typically associated with Australian home purchases.

Building Your Future, Starting Today


The good news for your guarantor is they don't need to guarantee your entire loan forever. Most guarantors secure only part of the loan (called a Limited Guarantee) and are typically only involved until you've built up 20% equity in your property - either through repayments or property value growth in Australia's housing market.

At LendAu, we work with lenders who understand Australian family dynamics and offer flexible no-deposit guarantor arrangements designed specifically for Australians ready to start their homeownership journey today, not years from now.

Making Informed Decisions Together


While no-deposit guarantor loans offer an excellent pathway to Australian homeownership, it's important everyone understands their responsibilities. In rare situations where loan repayments can't be met, your guarantor could become responsible for covering the guaranteed portion. That's why becoming a guarantor is a significant commitment that requires careful consideration - they're putting their financial security on the line to help you achieve your Australian property dreams without the wait.

How the First Home Guarantee Works


The First Home Guarantee allows eligible first home buyers to purchase or build a home with as little as 5% deposit. The Australian Government guarantees the remaining amount that would normally require a 20% deposit, effectively eliminating the need for Lenders Mortgage Insurance (LMI). This means substantial savings and a much quicker path to owning your own home!

At LendAU, we're ready to guide you through the application process for either of these valuable programs. Contact us today to discover how a no-deposit or low-deposit home loan solution could help you achieve your Australian property dreams sooner than you think!

Navigating Home Loans with LendAU

Home loan navigation can be challenging, particularly when you're unsure about the right choice for your needs.


Fortunately, teaming up with a home loan expert ensures that you have a knowledgeable ally to guide you through the process.


Our dedicated brokers understand the Australian mortgage landscape and can help you navigate everything from government schemes to no-deposit options.


We're here to simplify complex decisions and find the perfect home loan solution for your unique situation.


Contact LendAU today and take your first step toward homeownership with confidence!