Brisbane First Home Buyer Loans: Start With a Clear Finance Plan

Bayside first home buyer specialists. We help you access every grant and scheme you qualify for, then match you to the right lender, at no cost to you.

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Interest Rate from:

5.09

Comparison Rate from:

5.17

QLD Broker of the Year

About Us: First Home Buyer Mortgage Brokers in Brisbane

MC Mortgage Solutions is a mortgage broking firm based in Manly QLD 4179, arranging first home buyer loans across Brisbane’s bayside. Our team compares 30+ lenders to structure a first home buyer loan around the specifics of buying your first property: the Australian Government 5% Deposit Scheme, which allows a 5% deposit and no Lender’s Mortgage Insurance, the Queensland First Home Owner Grant, and the stamp duty concession.

Operating since 2007, the family-run Carr team brings 25 or more years of combined lending experience and works under the best interests duty that binds every Australian mortgage broker. Service area suburbs include Manly, Manly West, Wynnum, Lota, Birkdale, Wellington Point, Thornlands and Redland Bay.

Brisbane’s Multi-Award-Winning Mortgage Team

What Is a First Home Owner Loan and Why It Changes Your Buying Position

A first home buyer loan is a standard owner-occupied mortgage, but your status as a first-time buyer unlocks government grants, stamp duty relief and low-deposit pathways that repeat buyers and investors simply can’t access. That difference can mean entering the Brisbane market years sooner, with a smaller deposit and lower upfront costs.

In a market where good properties move fast, being loan-ready before you start looking gives you a real edge. Pre-approved buyers can make an offer the same day they inspect a property, while buyers still sorting finance are often already a step behind.

How We Help First-Time Home Buyers in Brisbane

Grant and Scheme Eligibility Check

One conversation confirms whether you qualify for the Queensland First Home Owner Grant, stamp duty concession, Australian Government 5% Deposit Scheme, and how they stack together.

5% Deposit, No LMI Loans

We structure your loan through the Australian Government 5% Deposit Scheme, so you can buy with a 5% deposit and avoid Lender's Mortgage Insurance entirely.

New Build and House and Land Finance

Finance for new homes and house and land packages, where the $30,000 grant and the stamp duty exemption both apply.

Established Home Finance

Buying an existing home rather than building new? We line up the stamp duty concession available on established properties and match you to the right low-deposit loan.

Guarantor and Low-Deposit Structuring

Short on deposit? We arrange family guarantee loans and low-deposit options that reduce or remove your upfront cash requirement.

Free Pre-Approval

Get pre-approved so you can make an offer or bid at auction with confidence, and move quickly on the right property.

The First Home Purchaser Help We Get You Access To

Queensland first home buyers can often stack several forms of support on the one purchase. Here’s the short version: current as at August 2026, we confirm your exact eligibility in the first conversation.

Support	What You Get	Applies To
QLD First Home Owner Grant	$30,000	New homes under $750,000
Stamp duty, new home	$0, no price cap	Contracts from 1 May 2025
Stamp duty, established home	$0 up to $700,000, partial to $799,999	Established properties
5% Deposit Scheme	5% deposit, no LMI	Brisbane and SEQ cap $1,000,000

The $30,000 grant continues past 1 July 2026. The Queensland Government has confirmed the increased amount continues for eligible contracts signed from 1 July 2026 onward, so you can disregard any information still quoting a reduction to $15,000.

Government Schemes and Assistance for New Home Buyers in Brisbane

Brisbane first home buyers can access several incentives that reduce deposits, remove LMI, or put cash toward a purchase.

Queensland First Home Owner Grant (FHOG)

One-off $30,000 payment, new homes only
Property value must be under $750,000
Continues for contracts signed from 1 July 2026 onward
Not income-tested

Australian Government 5% Deposit Scheme

Buy with just a 5% deposit
No LMI, government guarantees the shortfall
No income caps or place limits
Brisbane and SEQ price cap: $1,000,000

Queensland Stamp Duty Concessions

Full exemption on new homes, no price cap
Concessions available on established homes under $800,000
Can save tens of thousands at settlement

Our First Time Buyer Loan Process Works

Free Chat

We map your deposit, income and the grants or schemes you qualify for.

Borrowing Power

We calculate what you can realistically borrow across multiple lenders.

Scheme Match

We line up the grant, duty concession and deposit scheme that fit your purchase.

Pre-Approval

A confirmed budget, so you can offer or bid with confidence.

Find Your Home

You shop, we’re on call for any deal-specific question that comes up.

Approval and Settlement

We manage the lender and keep everything moving through to the keys.

Why First Home Buyers Choose MC Mortgage Solutions

Talk to a Bayside First-Home Specialist

Book a free, no-obligation chat, and we’ll tell you in one conversation which grants you qualify for and what you can borrow.

Service Areas We Serve Across Brisbane & Bayside

Looking for the Best Mortgage Broker Near Me in Brisbane? Get Trusted Guidance.

Reviews That Reflect Our Service and Results

Business Hours

Monday 8 am–5 pm
Tuesday 8 am–5 pm
Wednesday 8 am–5 pm
Thursday 8 am–5 pm
Friday 8 am–5 pm
Saturday 9 am–5 pm
Sunday 9 am–5 pm

Qualified, licensed & local

Category	Details
Licensing	MC Mortgage Solutions Pty Ltd · ACN 128 555 902 · Australian Credit Licence 394061. Matthew Carr, Credit Representative.
Experience	Locally owned and operating on Brisbane's bayside since 2007. Brokers with 15–25+ years of lending experience each.
Best-interests duty	As a mortgage broker, we're bound by law to act in your best interests—a duty that applies to every broker in Australia.

Get Your First Home Loan Sorted Before You Make an Offer

Know your borrowing power, your real deposit, your grant eligibility and your repayments before you start making offers, not after.

MC Mortgage Solutions compares 30+ Brisbane lenders and manages your first home buyer loan from pre-approval through to settlement, at no cost to you.

Our lenders

Our All Services

Frequently Asked Questions (FAQs)

1: How much deposit do I need as a first home buyer in Brisbane?

Between 5% and 20%. With the Australian Government 5% Deposit Scheme, you can buy with a 5% deposit and pay no LMI. A 20% deposit avoids LMI without needing a scheme at all.

2: Do first home buyers pay stamp duty in Queensland?

Not on a new home; duty is reduced to nil with no value cap for contracts dated 1 May 2025 or later. On an established home, there’s no duty up to $700,000, a reduced amount to $799,999, and full duty from $800,000.

3: Is the $30,000 grant still available after 1 July 2026?

Yes. The Queensland Government has confirmed the increased $30,000 grant continues for eligible contracts signed from 1 July 2026 onward. It applies to new homes valued under $750,000.

4: Can I use the grant as part of my deposit?

Often, yes. The grant is generally paid around settlement, so lenders may count it toward your funds to complete. Treatment varies by lender, and we structure this for you.

5: Does a HECS or HELP debt affect my first home loan?

It won’t stop you from getting a loan, but it does reduce how much you can borrow while the balance is outstanding. If your balance is small, paying it out before applying can lift your borrowing power; we model both scenarios.

6: What does your service cost a first home buyer?

Nothing. Our service is free to you; the lender pays our commission, and we’re required to act in your best interests regardless of which lender you’re matched to.

MC Mortgage Solutions is an award-winning Brisbane Mortgage Broker for home loans, refinancing, and investment lending across Brisbane, QLD. Your local finance support whenever you need a mortgage broker near me.

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