Still renting because you think you need a 20% deposit?
You might get into your first home on a 5% deposit, and skip LMI. Here's the free guide that shows you how, minus the jargon.
- Buy with 5% down, no Lenders Mortgage Insurance
- No income caps, unlimited places since Oct 2025
- Buy up to $950,000 in Melbourne
Rated 10/10 on Reviewr by first home buyers across Melbourne's west & north
Get the 5% Deposit Guide
Where should I send it? Straight to your inbox.
You've been saving for a 20% deposit you might not need
Every year you wait is another year of rent. The Government's First Home Guarantee lets eligible first home buyers get in with just 5% down, and it got far more generous on 1 October 2025.
Skip LMI
Lenders Mortgage Insurance on a small deposit can be $20,000 or more. Under the scheme, you don't pay it at all.
Higher price caps
You can now buy up to $950,000 in Melbourne and Geelong, so far more homes qualify than before.
Stack the savings
Pair it with the First Home Super Saver and Victoria's stamp duty concessions, no duty up to $600,000.
Hi, I'm Jacob
Mortgage Broker · Alliance Financial Group · Yarraville
I help first home buyers across Melbourne's west and north get in sooner, often with a 5% deposit and no LMI. Most people I meet think they're years away. Often they're not. I line up the scheme, the grants and your loan, and walk you through every step, no jargon and no pressure.
- Local, Yarraville-based
- 300+ lender panel
- Free to you
- Credit Rep 570865
How it works
Three simple steps from renting to your own front door.
Grab the guide
Read how the 5% scheme works and what you'd need, in about 5 minutes.
Book a free chat
A no-pressure 30-minute call. We work out your real borrowing number and which schemes you qualify for.
Get pre-approved
Shop with confidence, make offers that stick, and I manage the finance through to settlement.
What first home buyers say
Real words from people I've helped into their first home.
“From the very beginning, Jacob was with us every step of the way, making what could have been a stressful process feel simple. Clear communication, and he took the time to explain our options so we always understood. His professionalism and genuine support gave us confidence from start to finish. Highly recommend.”
— Jason Law
Verified 10/10 on Reviewr
“Jacob was a fantastic mortgage broker who made the entire process smooth and stress-free. Knowledgeable, responsive, and truly committed to helping us get into our home. Highly recommend!”
— Charlotte Miller
Verified 10/10 on Reviewr
“An amazing experience. Jacob was extremely responsive and supportive throughout, always keeping us updated and answering our questions right away. His professionalism and dedication truly stood out. We couldn't have asked for a better person to guide us.”
— Dilan Ismail
Verified 10/10 on Reviewr
Questions first home buyers ask
Ready to see what you can actually buy?
Grab the free guide, or book a no-pressure 30-minute chat and get your real borrowing number.
Book a free 30-min chatGeneral information only. It is current as at August 2026 and does not take into account your personal circumstances, so it is not financial or credit advice. Government scheme rules, price caps and eligibility criteria can change and will be confirmed for your situation. The First Home Guarantee is an Australian Government initiative administered by Housing Australia; stamp duty and the First Home Owner Grant are administered by the Victorian State Revenue Office. Jacob Williams is credit representative number 570865 of Alliance Financial Group Pty Ltd ACN 123 511 848 (Australian Credit Licence 390664).