Are you dreaming of buying your first home in Melbourne but not sure where to start? You’re not alone. With rising property prices, saving for a deposit and understanding your finance options can feel overwhelming. That’s where Ingenious Finance comes in — helping you access the First Home Buyers Grant in Melbourne and secure the ideal first home buyer loan in Melbourne tailored to your needs.
As your dedicated mortgage broker, we guide you through the entire process so you can step confidently into homeownership.
What Is the First Home Buyers Grant in Melbourne?
The First Home Owner Grant (FHOG) is a one-time, tax-free payment provided by the Victorian Government to assist eligible first-home buyers. In Victoria, you can receive:
- Up to $10,000 for the purchase or construction of a new home valued up to $750,000
- Potential stamp duty concessions or exemptions depending on your purchase value
- Eligibility for the First Home Guarantee Scheme, which allows buyers to purchase with as little as 5% deposit (with no LMI)
At Ingenious Finance, we not only help you apply for the FHOG but also combine it with other benefits to lower your upfront costs and get you into your home faster.
Understanding First Home Buyer Loans in Melbourne
A first home buyer loan is specifically structured to help new buyers purchase their first property with minimal hurdles. These loans often come with:
- ✅ Low or no deposit options
- ✅ Access to government grants and guarantees
- ✅ Flexible repayment options
- ✅ Competitive fixed or variable rates
We work closely with more than 30 lenders to find the most suitable home loan based on your income, savings, and property goals.
Why Choose Ingenious Finance?
✔ Expert Guidance from Start to Finish
We help you navigate loan options, grant applications, and paperwork — stress-free.
✔ Access to 30+ Lenders
Get matched with the right lender offering flexible and affordable home loan products.
✔ Low Deposit Options
Buy your first home with as little as 5% deposit — or even less with a guarantor loan.
✔ Fast Pre-Approvals
We help you get finance-ready before you start house hunting.
✔ Personalised Support
Every client’s journey is unique. We take time to understand your goals and tailor solutions accordingly.
Who Can Apply for the FHOG?
You may be eligible if:
- You’re a first-time home buyer
- You’re purchasing or building a new residential property
- You plan to live in the home for at least 12 months
- You’re an Australian citizen or permanent resident
We’ll assess your situation, confirm your eligibility, and handle the application process on your behalf.
Ready to Buy Your First Home?
With expert guidance from Ingenious Finance, you can unlock the First Home Buyers Grant in Melbourne, access the right first home buyer loan, and move into your dream home sooner than you imagined.
