Australia real New Zealand Building Gang is buying the credit limb off insurer Suncorp User with A$4. Buying a home is a big deal with many things to consider, like saving a deposit and getting a home loan. No LMI for First Home Buyers Is LMI waived for first home buyers? Yes, LMI can be waived for first home buyers, if you qualify for the First Home Loan Deposit Scheme. Low kilometre savings for customers who drive their car less. The Home Package Plus First Home Buyers Special Offers are only available for new owner-occupied first home buyers who have never previously purchased a property a first home property. It does this by allowing Housing Australia to issue up to 35,000 guarantees each financial year from 2022-23 for eligible loans to home buyers with a deposit of between 5 and 20 per cent of the property value. their spirits and their legacy. ANZ and Suncorp have overcome the first hurdle in clearing a $4. Sales to first-home buyers grew 50 per cent, from $800 million to $1. 2 Building Supplies and Age of the House; 4. 93% p. First Home Super Saver Scheme. Chat to us today to make sure your home loan has all the features to suit your personal circumstances. Read more here to find out what your. To be eligible for the Home Guarantee Schemes with us, you will need to meet the below prerequisites: - Completed Home Loan Application Form (no reservations to be made without application). They’re usually awarded to low- or moderate-income borrowers. The challenge was to disrupt how people view the. From small beginnings as a Queensland agricultural bank, Suncorp has grown to become Australia's sixth largest bank. Products and services including banking, home loans and insurance are provided by different entities of the Suncorp Group. The First Home Guarantee is a government initiative that provides eligible first home buyers the opportunity to buy or build their first home with a deposit as little as 5%. and a comparison rate of 7. Updated 10 March 2022. The First Home Owners’ Grant (FHOG) is a one-off payment from the federal or state government of up to $10,000 to put towards a purchase or build of a first property. BANK OF THE YEAR SUNCORP First home buyers and small business owners benefit from a renewed focus on customer satisfaction 2019-07-04 - Afocus on company culture and customer experience has kept Suncorp on top of its game. • Eligible first home buyers must use the maximum amount of their savings as a deposit (funds. You can then choose to pay now, schedule a repayment in the future or set up recurring repayments. 15. 9 billion ANZ-Suncorp merger for a week and will now have its final say on August 4. I'm working on a project that doesn't involve code and pixels: building a house for the first time. 5 Get ready to buy. Home Package Plus (HPP) Standard Variable Special Offers valid 20 October 2023. An eligible home loan is a First Home Buyers Standard Variable Special Offer or First Home Buyers 5 Year Fixed Rate Special Offer with minimum new home lending in the Home Package Plus of $150,000. The Scheme includes three types of Guarantees: First Home Guarantee (FHBG) – supporting eligible home buyers to buy a home sooner, with a deposit as little as 5%. Read more: How much can I borrow for a home loan?As an incentive for first home buyers, most Australian states and territories offer stamp duty concessions to those purchasing their first property, if it's under a certain amount. So ultimately, it works in. Under My loan details, select Home Package Plus - Standard Variable, or for first home buyers Home Package Plus - Standard Variable - First Home Buyer, in the Product dropdown box. When you’re buy our first home, there’s an lot in learn. A conventional 97 loan let’s eligible home buyers borrow up to 97% of the home’s value with a down payment as low as 3%. and a comparison rate of 7. The most expensive adult non-hospitality tickets typically cost in the region of AUD $100-150; hospitality tickets can cost almost AUD $300. For example, if you borrowed $500,000, and your total interest charge was $350,000 over 30 years, then the total amount payable would be $850,000. At the expiry of the 3 Year Fixed Rate Term, the loan will revert to the applicable Standard Variable Rate advertised at the time (currently 8. 14. Queensland, you pay stamp duty within 30 days of settlement. Various fees and charges may apply to a Suncorp Bank Home Loan. Macquarie’s rate reductions, which come into effect from November 11, range from 10 basis points for 1, 2 and 3-year fixed loans to. They’d still be ten grand out of pocket. Talk to an expert about your home loan options. This estimation takes. SUNCORP LIFE INSURANCE Suncorp Life Insurance products, other than in some. First home buyers are increasingly turning to their parents to fund a mortgage. Explore a Range of Articles and Explainers on Everything from Home Loans and Deposits, to Home Building Tips and Tricks - Find Out More NowSuncorp Bank was founded in 1902 as the Queensland Agricultural Bank. Life of the loan $375 annual fee refund in Home Package. St. Advice on buying a home. Associate Creative Director: Marijke Spain. All properties that received a building code compliance certificate more than 12 months before you apply for a First Home Grant are considered existing properties. The discounted rate is available on eligible loans applied for from 17 November 2023, for Owner Occupier first. Suncorp interest rate cut. Pre-approvals excluded. Offers several low-down-payment loan options, including FHA, VA, USDA and the PNC Community Loan. Repayments should not exceed 30% of pre-tax income - use the repayment calculator as a guide. Banking and home loan products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882 Australian Credit. You can access informationBuy or build your first home sooner. It is a national scheme funded by the states and territories and administered under their own legislation. Today Suncorp provides term deposits, savings accounts, home loans, personal loans and other financial services to over 800,000 customers through 178 retail outlets, 680 ATMs, 46 Business Centres, online banking and 24-hour call centres. Home Building Insurance covers your house — as we mentioned — and it also covers other permanent structures. 25% p. “You may not be able to get into your dream suburb if you’re looking at buying land,” says Zoran. 5 per cent ($430 billion) and the Commonwealth Bank's 25. Read the policy booklet before buying this insurance. Published 05 May, 2017. and a comparison rate of 6. 6. $575,000 or less where the contract was entered into on or before 14 June 2023. Traditionally, home buyers need to save a 20% deposit to avoid paying costly Lenders' Mortgage Insurance (LMI). 49% p. My Suncorp; Health Online Services; Search Close. Typical first-time home buyer qualifications include: Credit score of at least 620; Down payment of at least 3%; Debt-to-income ratio below 43%; Steady income; Two-year job history;Qualified applicants can apply for The First-time Homebuyers Assistance Program starting Tuesday, July 11, 2023. 9 per cent ($517 billion). a. One of the most important steps to buying a house for the first time? Figure out your finances. The 1st Time Advantage 5000 provides buyers with a 0% loan of $5,000 to help cover the down payment and closing costs, and no payments are due until the mortgage is fully paid off. 9 billion ($3. All information and advice is 100% obligation-free. Reach Out to a Mortgage Lender. The above points may give potential buyers peace of mind and may increase the selling price. on new lending of $150,000. You may also be eligible for government support to purchase a home. Those who buy a property worth between $800,000 and $1 million will pay a reduced rate. 1. Share. a. Discover offers for First Home Buyers. Mortgage. The amount for the HBTC was increased to $10,000 in 2022. ) less the Home Package Plus discount. New South Wales and Tasmania, you have 3 months to pay stamp duty. Up to $2,000. 55pm. Accounts consist of every day, savings, and kids’ accounts. Drawdown within 180 days of applying, bonus paid after settlement. Here's what not to do! First Home Owners Grant. Some states and territories offer stamp duty reductions or exemptions on stamp duty for some first home buyers; Extra cost considerations. The cash contribution is conditional on keeping your home loan with ANZ for at least three years. For many, your first home often isn’t your dream home, and with that in mind handier home owners are finding properties at great prices to fix up and resell. Apply by 31 December 2022, settle by 31 March 2023. Cheapest home loans; First home buyers; Fixed rate home loans. a. #Mortgages #HomeLoans #HeiseSaysThe Bank of Mum and Dad is nearly bigger than Suncorp having lent $29 billion to first home buyers. 5% for a first-time buyer’s purchase of a new or resale mobile/manufactured home. nz is a step-by-step guide to help you understand how it all works and what comes next in the process. Business Insurance and Barrister Insurance) has issued from AAI Limited ABN 48 005 297 807 trading as Suncorp Insurance. Suncorp - Home Package Plus Fixed Rate Home Loan 5yr - 5 Year Fixed Rate. Manage Your Banking. Equity in an existing property (some lenders only). To qualify, at least one borrower must be a first-time home buyer. 6. Eligible new loans ≥ $500k, LVR ≤90%. 8 Take ownership of your home. NAB supports eligible buyers to access the Family Home Guarantee with a deposit as low as 2%. When you’re buyers get first home, there’s a lot to learn. Updated Aug 8, 2022 – 5. Whether you need a loan with flexible repayment options, competitive interest rates or other features tailored to your needs, our team is ready to help. T&Cs apply. 7 Complete settlement. 39% p. The deal will include $47 billion of home loans, $45 billion in deposits and $11 billion in commercial loans. First-time homebuyers also qualify for SONYMA’s low interest rate program. 49% p. a. E verything you need to know about the First Home Owners Grant in your state;. With the Standard First Home Buyer Special Variable Home Loan from Suncorp-Metway you can borrow between $150,000 and $5,000,000, and is available on homes with a loan-to-value ratio under 95%. an Australian citizen or permanent resident. The programs, which allow first home buyers to purchase a property with either a 5 or 2 per cent deposit, was set to end in June. Suncorp Clear Options Standard Credit Card. Typical Suncorp First Home Buyer First Home Buyer Snapshot Our First Home Buyer offers Home Package Plus1 First Home Buyer discounted interest rates plus a fully transactional account with up to 9 sub-accounts. Our first buyer's guide contains all you need to know about making one of your biggest investments ever. News 28 February 2018. Stamp duty—a tax levied on property purchases by states—is one of the bigger costs for which you'll have to budget. You may receive 5% or 10% of your home's purchase price for a down payment. Notes: Rebate of $1000 for first home buyers. Find out how to apply. Low first home buyer loan rates & offers available to help you unlock that door sooner. Bottom Line. 1 point per $1 on eligible spending up to $1,500 per statement period, then 0. on new lending of $150,000 or more. Drawdown must be within 180 days of. Suncorp Back to Basics Home Loan - Better Together Special Offer $150k+ LVR 90% to 95% Incl. Victoria, you pay stamp duty within 30 days after property transfer. Who comes first, pets or friends?. Refer to the Home Lending Interest Rate Guide (PDF 442KB) for other available interest rates,. Australia and New Zealand Banking Group is buying the banking arm are insurer Suncorp Group for A$4. 6 months. Try out our offset calculator to see what you could save. The grant is $10,000 or the consideration paid to buy or build the house if less than that amount. Cheapest home loans; First home buyers; Fixed rate home loans; Variable rate home loans;. 33 billion), as the smallest of Australia's major lenders seeks to revive growth at. Free Copy Of Your. Thine browser version is no longer supported, so i may experience issues while using on site. Check Your Credit. The First Home Owners Grant is a government scheme offering a one-off grant payable to eligible first home owners who are looking to be owner occupiers. Suncorp *First Home Buyer* Package Plus Fixed 5Yr Back to Basics Better Together Back to Basics Better Together (Inv) Home Package Plus Variable Home Package Plus Variable (Inv) Home Package Plus Fixed Home Package Plus Fixed (Inv) Teachers Mutual Bank *Essential Worker First Home / HGS* Your Way Plus *Essential Worker First Home /. a. Some covet prime locations and don’t mind buying a subsale, while others are all about the new, high-rise life in the big city. (5. and a comparison rate of 6. Our Home Shop Direct sack help you every step of the way. Qualifying buyers borrow either 5% or 10% of a home’s purchase price from the. 4 per cent of outstanding home loans ($307 billion), still well short of Westpac's 21. Banking and home loan products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882. For the latest state-based information, chat Suncorp's Home Package Plus Special Offer for First Home Buyers allows customers to choose from a competitive Standard Variable rate or a 5 Year Fixed rate of 3. Suncorp is One of Australia's Largest Financial Services Brands Offering Home and Motor Insurance, Life Insurance, and Banking. About 58% of first-time homebuyers financed their homes with a conventional. Contribute often to help your money grow faster, tax-free. Eligibility criteria and T&Cs apply. Queensland, you pay stamp duty within 30 days of settlement. Traditionally, home buyers need to save a 20% deposit to avoid paying costly Lenders' Mortgage Insurance (LMI). Back;Buying a second home? Your financial situation may have changed since you took out your first home loan. You’ll potentially save up to $11,250 over a 30. FHA loans are insured mortgages that require just 3. - Current Notice of Assessment. Apply online. $300. To see our latest deals, and learn about financing and $0 down lease options, please request a quote and we will call you immediately. Press Release 4 May 2017 Exclusive offer to help first home buyers enter. ME General Manager, Home Lending Andrew Bartolo said: “First Home Buyers told us they. Kāinga Ora – Home and Communities offers a range of home ownership options when buying a house or land to build on: First Home Grants (was called Home Start Grant) First Home Loans. au or call 1300 313 798. This is the go-to program for many first-time home buyers with lower credit scores. Minimum total new lending of at least $250,000. Buying a Home. 00. SUNCORP LIFE INSURANCE Suncorp Life Insurance products, other than in some. If you combine three or more eligible Suncorp Insurance policies, you’ll receive a 15% Multi Policy discount! When it comes to getting. a. As of December 2020, the median age for first-time homebuyers in the US was 33 years old. 9bn in a deal the big-four lender described as a vote of confidence in Queensland. This is also known as a Guarantor Home Loan. Lending criteria, terms, conditions and fees apply to this offer —. The amount and types of excesses will be shown on your certificate of insurance. For a Suncorp Home Package Plus option, you’ll need to pay an annual fee of $375. All of the services Mint Equity provides are free of charge, that means you’ll have direct access to over 30 years of industry experience and expertise at no cost. For example, First Federal Bank of Kansas City offers eligible buyers a grant of up to $5,000. One is the Homebuyer Assistance Program, which offers up to $30,000 in down payment assistance in the form of a no-interest, forgivable loan to income-qualified buyers. With the Standard First Home Buyer Special Variable Home Loan from Suncorp-Metway you can borrow between $150,000 and $5,000,000, and is available on homes with a loan-to-value ratio under 90%. Banking and home loan products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722. 74% p. “Undeveloped blocks are scarce in many suburbs, so it makes sense to be open to the opportunities in the areas you love. First-time buyers make up 43% of the new home market. Share. Suncorp Bank (Suncorp-Metway Ltd ABN 66 010 831 722) is only liable for the banking and home loan products or services it provides and not the products and services of other companies in the Suncorp Group. Our LMI calculator asks for more information than other calculators you may find online. Here are six first-time home buyer loans and programs that are worth exploring. Under the scheme, a one-off grant is payable to first home owners that satisfy all the eligibility criteria. We have our Suncorp pre-approval ready and plan to go to an auction for a property in a few weeks' time. a. Decide on the style of house you want by looking at a wide range of display homes, be realistic about size and the number of rooms you need, and check cost-saving options in terms of fittings. That person is usually the vendor's solicitor, who can only release the funds. A down payment or first-time homebuyer grant is essentially free money to help you cover your down payment or closing costs. First Home Buyers recommends that you gain an understanding on your borrowing capacity as well as obtaining a pre-approval prior to searching for a home. Today Suncorp provides term deposits, savings accounts, home loans, personal loans and other financial services to over 800,000 customers through 178 retail outlets, 680 ATMs, 46 Business Centres, online banking. CommBank has partnered with Home-in, your personal home buying concierge to help simplify your first home buying journey. Headquarters address: Level 23, 80 Ann Street, Brisbane, Queensland 4000, Australia Year established: 1996 Employees (size): 13,000+ Gross written premiums: $10,531. This Suncorp-Metway home loan has an interest rate of 6. The HBP allows you to pay back the amounts withdrawn within a 15-year period. Owning a house and starting to pay off a mortgage starts off a new chapter in your adult life. The home loan application process can be completed in a few ways, including with a Suncorp Mobile Lending Manager or a mortgage broker. You are a first-time buyer purchasing a single-family home to be your primary residence in any state other than New York, Hawaii, and Alaska. If a bank lends you $360,000, and you repay $40,000 but then fall prey to financial woes and can’t make your repayments, the bank is then $320,000 out of pocket. 1. Depending on what you need, a home loan package might help you save by: waiving annual fees on credit cards. The scheme will support 11,800 buyers from 1 July 2020 to 30 June 2021. The schemes allow mainly first home buyers to get a mortgage with a low deposit of between 5 per cent and 20 per cent of the value of the property. Australian Associated Press. For example, a new loan may incur an establishment fee, while other fees such as a monthly. Please read the relevant Product Information Document, Lending Fees and Charges and Home Package Plus Terms and Conditions before making a decision regarding any. This doubled First Home Owner Grant will come into effect from Monday, 20 November. Creative Agency: Leo Burnett Australia. Here are some practices to consider. 5 per cent ($430 billion) and the Commonwealth Bank's 25. About $29 billion has been loaned out to the next generation and in many cases, it was in the form of loan guarantees. With the Standard First Home Buyer OO PI Fixed Home Loan from Suncorp-Metway you can borrow between $150,000 and $5,000,000, and is available on homes with a loan-to-value ratio under 95%. So, why choose a top up over more familiar lending options?Explore a Range of Articles and Explainers on Everything from Home Loans and Deposits, to Home Building Tips and Tricks - Find Out More NowThe First-Time Homebuyer Act is a congressional bill to grant first-time home buyers up to $15,000 in refundable federal tax credits. If you first purchase or have an existing Suncorp Car or Motorcycle policy, you can get 20% off new Suncorp home insurance. 7 billion, top-50 listed company. a. This Suncorp-Metway home loan has an interest rate of 6. 48% (comparison rate 6. Suncorp Group today announces it has signed a share sale and purchase agreement with Australia and New Zealand Banking Group Limited (ANZ) to sell its banking business. For the first time since 2009 as quoted by Suncorp, the first home buyer home loans have been consistently trending upwards. a. These are government assistance programs that offer first home buyers’ incentives to access the property market. Buying a home involves finding the property, securing financing, making an offer, getting a home inspection, and closing on the purchase. ME has launched one of its best-ever home loan offers, designed exclusively for First Home Buyers. Buying your first home; Invests in property; Understanding whatever you sack afford;. a. This Suncorp-Metway home loan has an interest rate of 6. One scheme for single parents requires only a 2. Pre-qualify to get a better understanding of your borrowing position can and what deposit you need. 25 May 2020. Explore a range of articles and helpful tips to help guide you through the process. First Home Owners’ Grant. Talk to a home loan expert. However, the threshold at which first-time buyers must start paying stamp duty will fall to £300,000 from 31 March. Ideally, a first-time home buyer would have enough money to make a 20% down payment on their home. You can apply for a genuine savings loan if you have a 5% deposit that is coming from one of these sources: Money that has been held in a savings account for 3 to 6 months (depending on the lender). First Home Buyers 🏢 Nov 2023. • Eligible first home buyers must use the maximum amount of their savings as a deposit (funds. au. Under My loan details, select Home Package Plus - Standard Variable, or for first home buyers Home Package Plus - Standard Variable - First Home Buyer, in the Product dropdown box. a. You can apply with a deposit as low as 5% (excluding costs). South Australia, you pay stamp duty on or before the day of settlement. the banking and home loan products or services it provides and not the products and services of other companies in the Suncorp Group. 3. With the Standard First Home Buyer Special Variable Home Loan from Suncorp-Metway you can borrow between $150,000 and $5,000,000, and is available on homes with a loan-to-value ratio under 90%. When purchasing a Home Package Plus loan of $250,000 or more, you could receive a further cashback bonus of $2 000. Read more now. Over £625,001. South Australia, you pay stamp duty on or before the day of settlement. com. The documentary aired multiple times on Channel 9 and in the first few weeks, Suncorp received enquiries from 13. Who is involved?. annual fees, application fees) on top of the interest rate. From getting a mortgage to making an offer, the more you understand about the property transaction early on, the less overwhelming it will be. A valuer will conduct their assessment based on a wide range of criteria, including: location. Contents Insurance covers the stuff inside your house. If you’re hunting for your first house, like Jess and Fotis from. Step 1: Start saving a down payment. US Treasury Bonds Rates. Settled. Suncorp’s insurance operations in both Australia and New Zealand will not form part of the Transaction and the Group’s head office will continue to be in Queensland. 74% p. Buy or build your first home sooner. Tremendo curso para primeros compradores, te ayuda a despejar dudas en ciertos puntos como por ejemplo: deudas, deposit, cierre, etc. Banking and home loan products are issued by Suncorp-Metway Ltd (“Suncorp Bank”) ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882. REUTERS/David Gray. Suncorp's home loan rates are quite competitive, especially its package home loans. 58% p. 84% p. Suncorp’s Home Package Plus. The First Home Owners Grant is a one-off grant that offsets the cost of GST on home ownership for eligible first home buyers. Buying a home. Buying a Home. 8 billion in total business loans. The HDP provides matching funds up to $7,500 for down payment and closing costs for eligible first-time home buyers. Reasons to Invest in an FHSA: Use it to save up to $40,000 for your first home. deposit Owner-occupier. a. This loan is available with a 110% LVR for first home buyers. , and no annual fee. Home Loans are provided by Suncorp-Metway Ltd ABN 66 010 831 722 AFSL No. The benefits of a cashback home loan offer. AX> said first-half profit slid by a sixth on a jump in claims after a powerful hailstorm in the city of Melbourne and a spike in costs, but predicted better. National and state first-time buyer programs may be useful. Apply online. A. The Scheme is administered by the National Housing Finance and Investment Corporation (NHFIC). ”. Exclusively for first home buyers, we offer special discounted rates on loans of $150k+. Suncorp’s offers for First Home Buyers can help ease some of the strain by refunding the annual $375 fee. Talk to a home loan expert. Suncorp's Home Package. Suncorp has announced an exclusive new offer for first home buyers to “help them realise their property ownership dreams”. What it pays to know before building your own home. Phone Number +61 13 11 75. Only the home concession applies because the value of the residence is over $550,000. Interest-only option available on some loans. ANZ plus Suncorp would have 15. Spinning off or selling the bank would be a big move by Suncorp, which opened its first branch as Queensland Agricultural Bank in 1902 and has grown into a $13. In 2020, 31% of all home buyers were first-time home buyers in the United States. Stamp duty concessions for first home owners. Results / According to the agency, the campaign reached 99% of the target audience through paid and earned media and was covered across every major Australian news network, resulting in more than 20 million impressions. For many Australians, saving a 20% deposit is a big barrier. Let’s get you settled. Finding the ‘right’ home is subjective. However, with property prices rising and concerns the Australian. This payout ratio is at a healthy, sustainable level, below 75%. g. Power and Zillow. Buying a home is a big deal with many things to consider, like saving a deposit and getting a home loan. Suncorp Bank Home Lending Interest Rate Guide Special Offer Interest Rates - New to Bank Loans ≥$150k. 99, a further concession of $3,500 applies. The home concession reduces the duty to $9,800. 00. Suncorp Client Login. • Transfer money (almost) instantly to. Unused contribution room can be carried over to the next year, up to a maximum of $8,000. govt. Buying a home is a big deal with many things to consider, like saving a deposit and getting a home loan. Suncorp Bank (Suncorp-Metway Ltd ABN 66 010 831 722) is only liable for the banking. To be eligible for the Home Guarantee Schemes with us, you will need to meet the below prerequisites: - Completed Home Loan Application Form (no reservations to be made without application). To approved. Learn more about schemes and grants. 39%. Loan amount. This is an extra monthly cost which can be up to 1% of the home purchase price. deposit Owner-occupier. 96%. Looking to get more information on the Suncorp Fixed Home Loan First Home Buyer home loans? Read the Mozo editorial review and find all the product. . For example: if you have a $450,000 home loan with 20 years remaining and are set on buying a new car, you may apply for a $15,000 add loan. . The First Home Owners Grant If your state or territory offers a first home buyers grant and you’re eligible, this is a great way to boost your deposit. “A kerbside valuation would be a combination of a desktop valuation and looking at street appeal and what’s in the surrounding areas. Suncorp Bank is a bit differing to some of the larger financing, but how do their residence loan our review? We compare them to other mortgages are Queensland. Buying a home? It’s intelligent to factor included all the what of homeownership and how you much you can borrow. 0%. call 1300 889 743 phone GET A. com. Today Suncorp provides term deposits, savings accounts, home loans, personal loans and other financial services to over 800,000 customers through 178 retail outlets, 680 ATMs, 46 Business Centres, online banking. Before inviting buyers over to test drive your vehicle, speak to your insurance provider and find out if you are covered in the event of an accident with someone else behind the wheel. Or, buy or build your first home with a deposit of 5% under the First Home Guarantee or Regional First Home Buyer Guarantee. We’re doubling the First Home Owner Grant to $30,000 until 30 June 2025. Yes, the Queensland First Home Owners' Grant offers $15,000 to first-time owners buying or building a new home. Suncorp’s home lending. The nationwide scheme is designed to help first home buyers enter the property market with a deposit as low as 5% without paying Lenders Mortgage Insurance. 11) Find the right home.