Looking For An Easy To Manage & Service First Home Loan?
How KBF help
Your first home loan is a major financial decision. From simplifying QLD first buyer grants, contracts and paperwork – we’re here to help.
Like the homes on your wishlist, no two loans are the same. Step by step, we’ll help you make sense of the nonsense, and work with over 60 banks and lenders to find the loan most suited to your first home.
1. Reach out
Our first home loan experts are here to help and we're a friendly local North Brisbane team. Simply reach out here.
2. Your loan
We set about finding the right loan for your needs, comparing 60+ most trusted lenders in Australia.
3. Your new home
Our team have a leading loan success rate, we're here to help you secure the first home you want.
Why choose Kelly Brothers Finance?
We Keep It Simple
When it comes to your first home loan, we make sure that you understand all the steps and requirements, and we make it easy. Finding and buying the right first home is hard enough.
We're Family
We're a family run team, and believe in making sure that you have the right home loan for not only your needs, but your family too, like if you need a guarantor for example.
We're Here Now, And Later
Your home loan is an investment that requires ongoing maintenance, including regular check-ups to make sure you have the best home loan rates and terms now, and in the future. With KBF you don't need to worry.
Glowing 5-Star Reviews
If you're like us, you'll want to read a number of reviews before getting in touch. Please feel free to see our reviews here, from first home buyers to seasoned investors: Our Google Reviews
Meet North Brisbane's first home loan experts
We negotiate with over 60 leading lenders for you, including the big four banks.
What is a First Home Loan, and how does it work?
A First Home Loan is a mortgage designed to help first-time buyers purchase a home. In North Brisbane, you may be eligible for government incentives like the First Home Owner Grant (FHOG) or stamp duty concessions, which can reduce upfront costs.
At Kelly Brothers Finance, we guide you through the loan application process, compare lenders, and ensure you secure a competitive rate that suits your financial situation.
What government grants and schemes are available for first-home buyers in QLD?
In Queensland, first-home buyers can benefit from:
- First Home Owner Grant (FHOG): A one-off payment of $15,000 for eligible buyers purchasing a new home under $750,000.
- Stamp Duty Concessions: Savings on transfer duty for properties under $550,000.
- First Home Guarantee (FHBG): Allows eligible buyers to purchase with as little as 5% deposit without Lenders Mortgage Insurance (LMI).
At Kelly Brothers Finance, we help you navigate these grants and maximise your benefits.
How much deposit do I need for a First Home Loan in North Brisbane?
The deposit required depends on the loan type and lender, but generally:
- 5% deposit with the First Home Guarantee (FHBG) (no LMI required).
- 10-20% deposit for standard home loans (LMI may apply under 20%).
- $0 deposit options may be available with a family guarantor loan.
Our mortgage experts at Kelly Brothers Finance can assess your situation and find the best low-deposit home loan for you.
How can I improve my chances of getting a First Home Loan?
To increase your approval chances:
- Save a larger deposit to reduce borrowing risk.
- Maintain a good credit score by paying bills and debts on time.
- Reduce existing debts and liabilities to improve affordability.
- Get pre-approval to understand your borrowing power.
At Kelly Brothers Finance, we provide personalised advice to help first-home buyers in North Brisbane secure a home loan with confidence.
