Homli exists for one reason: to get first home buyers through the 5% Deposit Scheme. Pre-approved and ready to make offers in 30 days — or you don't pay us.
Already signed a contract or found the home? We fast-track full approval — book your free call today.
A team of brokers who work on the 5% Deposit Scheme every day.
The 5% scheme is all we do. We explain every step in plain English and know which bank will say yes to you.
Eligibility, paperwork, dealing with the bank — all handled. Your only job is finding the home.
Ready to make offers in 30 days, or you don't pay us. Our average is 14 days.
Real clients, real numbers, real deposits — not the 20% kind.
New Build
Existing Home
Existing HomeUnder the Australian 5% Deposit Scheme, Housing Australia guarantees part of your home loan. To the bank, that guarantee does the job of a 20% deposit — so you buy now with 5%, and Lenders Mortgage Insurance disappears.
Buy with a 5% deposit instead of saving 20% — cutting years off your savings timeline.
The government guarantee replaces LMI entirely — typically a $20,000–$60,000 saving.
The government never owns any part of your home — nothing to repay, and all the growth is yours.
Federal government program, administered by Housing Australia — verify everything at firsthomebuyers.gov.au
From the day you start working with us, we have 30 days to get you two things:
Miss the deadline and our fee is refunded in full — and we keep working, free, until you own your first home. Our average time to pre-approval is just 14 days.
Five steps. The first one is free, and you'll know exactly where you stand before it ends.
We ask about your savings, income, work situation, and where you'd like to buy. By the end you'll know three things: whether you qualify, roughly what you could borrow, and what price range to look in.
Payslips, bank statements, ID — a simple checklist and a secure portal. Most clients finish this in one evening. We review it all and flag anything a bank might question, before the bank ever sees it.
Every bank assesses 5% scheme applications differently. We pick the one most likely to approve your situation, show you why, and lodge your full application. Your spot in the Scheme is reserved with the government at the same time.
Pre-approval means the bank has formally agreed, in writing, to lend you a specific amount. From this moment you can make offers knowing your finance is sorted. Our average? Fourteen days.
You go house-hunting — new build or established, your choice — and make offers with confidence. When one is accepted, we manage the finance side through to settlement: final approval, lender deadlines, coordinating with your conveyancer. Then all that's left is collecting your keys.
From your first call to the day you get the keys — and refunded in full if we miss our 30-day guarantee.
The federal government guarantees part of your home loan to the bank — so the bank accepts a 5% deposit instead of 20%, and charges no Lenders Mortgage Insurance.
On a $600,000 home, that means buying with $30,000 saved instead of $120,000 — and saving around $25,000 in LMI on top. For most people saving while renting, that's the difference between buying this year and saving for another five or more.
You'll generally qualify if you are:
And worth knowing:
The free 15-minute call confirms your eligibility for certain.
You apply through a participating lender — and that's our whole job. We confirm your eligibility, secure your place in the scheme, prepare your application, and lodge it with the bank most likely to say yes to your situation. It starts with the free 15-minute call, and from there we handle the process end to end.
Yes — the scheme sets a maximum purchase price for every area. In the capitals:
Regional areas have their own caps. We'll confirm the maximum for your exact area on the free call.
Either — houses, townhouses, units and apartments all qualify, whether brand new or established, including house-and-land packages and off-the-plan. The only requirements: it sits under your area's price cap, and you'll live in it as your home.
Yes — and quickly. If you've signed with a finance clause, the clock is already running. We fast-track full approval through the scheme with your deadline in mind, and $0 LMI still applies. Tell us your dates on the first call; contract clients jump the queue.
Not quite — you'll need your 5% deposit plus purchasing costs like stamp duty, bank fees and legal fees. The good news: most states offer stamp duty exemptions for first home buyers up to certain price points, which means many of our clients only need around $5K on top of their 5%. We confirm your exact number on the call.
From the day you start working with us, we have 30 days to have you ready to make offers: your pre-approval delivered in writing, and your 5% Deposit Scheme place reserved with the government in your name.
If we miss it, you don't pay our fee — refunded in full, and we keep working free until you have your keys. Our average time to get pre-approval is 14 days.
No. The government doesn't own any part of your home, doesn't contribute any money, and there's nothing to repay — it simply guarantees part of your loan to the bank in the unlikely event you can't meet your repayments.
You fund the purchase with your 5% deposit and a normal 95% home loan. No one else is on your title, and every dollar of your home's growth is yours — 100% from day one.
Two things. We're the only brokers in Australia who specialise exclusively in the 5% Deposit Scheme — it's our entire business, so every process, every lender choice, every conversation is built for exactly your situation. And we put our money where our mouth is: a guaranteed pre-approval timeframe, in writing. 30 days ready to make offers, or you don't pay us.
Buying your first home is too important for anything less.
You're generally allowed to keep up to $20,000 in savings after all purchasing costs — your 5% deposit, stamp duty and other fees. Anything above that $20,000 goes toward your deposit.
That's no bad thing: a bigger deposit means a smaller loan, lower repayments, and less income needed to get approved. We'll run your exact numbers on the free call.
Still book the call — around a third of the people we speak to aren't ready yet, and they get just as much value from it. You'll leave with a free plan: the savings target that unlocks your price range, what to sort out first, and a check-in date so you don't have to remember to come back. Most people with a plan buy within the next year.
There can also be other pathways worth discussing, including the government's Help to Buy program, which can start from as little as a 2% deposit.
Yes. After you move in, we monitor your home loan and review your interest rate every 2 years to make sure you're not overpaying. If your bank has drifted too far from what the market offers, we'll help you move to a better deal at no cost. Completely optional.
Understand the scheme, check your state's caps, and run your numbers — all free.
Eligibility, how the government guarantee works, property types, and what changed in the October 2025 expansion — explained in plain English.
Read the guide →Every state and territory's maximum purchase price under the scheme — current for the new financial year, capital cities and regions.
See the caps →Enter a property price and see your deposit, your weekly repayments, and the income you'd need — your numbers in 30 seconds.
Run your numbers →"Alex’s support and hardwork to strive and help us with our mortgage was absolutely outstanding with what could of been a difficult process. Would highly recommend Alex to anyone seeking financial support."
"Buying our first home was always going to be a stressful and trying time. Mike and the team went above and beyond to make the process feel as easy as it could be. They will always be our first choice as a broker."
"Alex was truely amazing helping us buy our first home with the 5% scheme. I had no idea what went into buying a property and Alex went above and beyond for us to understand and to also get the greatest deal possible."
A complimentary 15-minute call — no credit check, no obligation. You'll leave knowing: