Craft Financial · First home buyers, Melbourne
Jess and Matt had $45,000 saved. They bought an $835,000 family home, under five kilometres from the beach. Answer 6 quick questions, then book a 15-minute call to see what's possible for you.
Real first home buyers
family home, under 5 km from the beach
Not an off-the-plan apartment. An established family home. A parent's home covered the gap in the deposit as a guarantee.
✓ No waiting years to save 20%
first home with a 5% deposit
Used the government's 5% Deposit Scheme. A mate renting his spare room added $150 a week to his income for the loan.
✓ Still his home, still the first home buyer benefits
Client names have been changed for privacy. Outcomes depend on your situation, eligibility for government schemes and lender criteria.
How it works
No jargon and no pressure. You'll leave knowing exactly where you stand.
What you can borrow, what the repayments look like, and the price range that's comfortable for you.
The 5% Deposit Scheme, stamp duty savings, grants, guarantor loans. Most people qualify for more than they think.
Ready now? We get you pre-approved. Not quite there? You'll know exactly what to do next to get there.
Your broker
"The wealthiest people I've dealt with didn't start with the most money. They started early. No one wants to retire and still be paying rent."
Tom Carmody · Founder, Craft Financial · Credit Representative 533831
Reviews
"Buying my first house with Tom was an absolute breeze. He made the whole process seamless and stress free."
"Tom and Dane were both great to work with, assisting me the whole way through from pre approval to a purchased house, couldn't recommend them more."
"Tom made the whole process of buying our home so much easier and far less stressful than we expected. He was patient, honest, and always quick to respond whenever we had questions, no matter how small."
Questions
Often, no. Under the government's 5% Deposit Scheme, eligible first home buyers can buy with a 5% deposit and pay no lenders mortgage insurance, up to the price cap for the area. A family guarantee is another way to cover the gap. We'll check what you're eligible for on the call.
Once we've crunched your numbers and you're comfortable with the repayments and the price range, you're in a good position. Prices have come back, there's less competition, and every month of waiting is another month of rent.
No. Answering these questions and having a chat doesn't touch your credit file. We'll explain any credit check before anything goes to a lender.
With a guarantor loan, a parent uses part of the equity in their own home as extra security for your loan. No cash changes hands, and it can mean you don't need to save a full deposit. We'll explain how it works and the risks for them before anyone signs anything.
No. For first home buyers, the lender pays us, so there's nothing to pay us directly.
It's 15 minutes on the phone with me. I'll ask about your income, savings and what you're looking for, then tell you what you can borrow, which schemes you might qualify for, and the next steps.
60 seconds to answer. No obligation. Pick a time that suits you.
A free 15-minute phone call with Tom. He'll call you on the number you gave us.
You're booked in. Check your email for the confirmation, and keep an eye out for a call from 0413 664 227.
You might not be quite ready yet, but you could be closer than you think. Tom will be in touch with what to aim for so you can get there sooner.
