Mon - Sun: 7:00 - 21:00
Open 7 days
0411 229 602


Welcome to the Perth Mortgage Broker Group Website. We are available 7 days a
week on 0411 229 602

Contact Us

First Home Buyers

We can help with your first home, from finding a suitable home loan, and applying
for the first home buyers grant.

Learn More

Investment Home Loans

With a wide variety of investment home loans we can give many options if you are
thinking about purchasing or refinancing an investment property.
Learn More


We have a range of home loan
options, including low deposit and
no deposit ( with a guarantor) home loans.


If you are thinking of building a new
home we have many construction
home loan options available.


Our obligation free online
home loan health check may
help you save money!

First Home Guarantee Scheme

The first home guarantee scheme is a federal government backed scheme, where the government will guarantee your home loan, and you would not pay a mortgage insurance fee if you are an eligible first home buyer.
The first home guarantee scheme means an eligible first home buyer may be able to borrow up to 95% of the property value, and not pay a mortgage insurance fee, as the federal government will guarantee the home loan for the bank. The first home guarantee scheme is administered by the National Housing Finance and Investment Corporation (NHFIC).
If you are an eligible first home buyer the first home guarantee means you maybe able to purchase your first home with less deposit, and not pay a mortgage insurance fee.
There are 35,000 first home guarantee places available across Australia in the 2023/2024 financial year. The scheme is available for both buying an existing home or if you would like to build your first home. Please note there are conditions to the first home guarantee scheme, so please contact your mortgage broker, before you enter into any property transactions, to check your eligibility.
Please note too, if you are eligible for the First Home Guarantee scheme, you may still be eligible for the first home owners grant in Western Australia too, so it is worth checking with your mortgage broker, to see what you might be eligible for, before making any decisions.
Some of the conditions of the First Home Guarantee -
  • You must be an Australian Citizen or a permanent resident of Australia ( Permanent resident has the same meaning as in the Australian Citizenship Act 2007 (Cth),)
  • Your income must be no more than $125,000 per annum as an individual or $200,000 for couples, as shown on your latest notice of assessment (issued by the Australia Taxation Office)
  • The property you buy must be owner occupied ( You must live in the property)
  • You must be a first home buyer or a previous home owner who hasn't owned a property in Australia in the last 10 years.
  • Be at least 18 years of age

There are maximum purchases prices based on location in Western Australia, they are -

1/ In a capital city (Perth) - $600,000
2/ In other parts of the state in Western Australia - $450,000

Not all banks or lenders are participating in the First Home Guarantee scheme, so if you have any questions contact your mortgage broker to find which lenders or banks are participating in the scheme.

There are 35,000 places available across Australia from 1/7/2023 to the 30/06/2024 ( the financial year), so places maybe limited and once the allocations are exhausted, the scheme may not be available.

If you would like some more information about the First Home Guarantee Scheme, please contact Perth Mortgage Broker Group , or call Troy on 0411 229 602, 7 days a week
Contact Us
Please let us know your name.

Please let us know your email address.

Invalid Input

Please let us know your message.

Invalid Input

Your Home Loan Repayments


We do not charge any brokerage fees on all of our residential home loans. Our service is complimentary to you.
Compare Home Loans

Compare Home Loans

You could save money, by using our online home loan comparison form and comparing your mortgage.


As part of our service, we are offering free Perth property reports on as many properties as you like.
Perth Mortgage Broker Group
We are open 7 days a week.
Please contact us anytime.
0411 229 602