We calculate realistic borrowing power based on income, expenses, and deposit.
Guidance on low deposit loans, guarantor options, and government schemes.
We compare major banks and specialist lenders that suit first home buyers.
We structure loans to reduce costs, improve flexibility, and plan ahead.
From pre-approval to settlement, we manage the process end to end.
Plain English advice so you know exactly what you are signing up for.
Buying your first home is one of the most important financial decisions you will ever make.
Saving a deposit, understanding bank rules, and competing in a tight market can quickly become overwhelming, especially when every lender seems to say something different.
Mortera helps first home buyers make sense of the process from day one.
We break down what you can realistically afford, how much you can borrow, and which lenders are most likely to approve your application based on your situation.
We guide you through deposit strategies, government schemes, LMI options, and lender policies that actually matter.
Every recommendation is practical, transparent, and aligned with your long-term plans, not short-term sales targets.
The goal is simple.
Remove confusion, reduce risk, and help you secure the right home loan with confidence.
Your borrowing power depends on income, expenses, existing debts, and deposit size. High income alone is not enough. We calculate a realistic range before you start making offers.
No. While a 20% deposit helps avoid LMI, many first home buyers purchase with less using low-deposit loans, guarantor options, or government schemes.
Depending on eligibility, you may access the First Home Owner Grant, stamp duty concessions, or the First Home Loan Deposit Scheme. Rules vary by state and property type.
Lenders’ Mortgage Insurance protects the lender if repayments stop. It usually applies when your deposit is below 20%. Some borrowers can reduce or avoid LMI through specific lenders or professions.
Pre-approval can be issued within a few business days once documents are provided. Timeframes vary by lender and complexity.
In most cases, no. We are paid by the lender after settlement. Any exceptions are explained upfront.
Mortera is available 8am to 8pm, seven days a week.
We work Australia-wide.
No obligation.
Expect a response within five minutes during business hours.
298 George St, Haymarket, Sydney, Australia
Mortera Finance Pty Ltd trading as Mortera
ABN: XX XXX XXX XXX
Australian Credit Licence: XXXXXX
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