What is the Home Guarantee Scheme in 2025?

The Home Guarantee Scheme (HGS) allows eligible buyers to purchase a home with as little as a 5% deposit without paying Lenders’ Mortgage Insurance (LMI). From 1 October 2025, there are unlimited places, no income caps, and higher property price caps nationwide.

How much is the First Home Owner Grant in Queensland?

As of 2025, the First Home Owner Grant (FHOG) in Queensland offers up to $30,000 for eligible buyers purchasing or building a new home. Stamp duty concessions may also apply.

What is the Help to Buy scheme?

Help to Buy is a shared equity program where the government contributes up to 30% of the purchase price for new homes (25% for existing homes). This reduces the size of your mortgage, but you must repay the government’s share when you sell or refinance.

Can I use multiple government schemes together?

Yes. In many cases, first home buyers can combine federal schemes (like the Home Guarantee Scheme) with state-based grants or stamp duty concessions to significantly reduce upfront costs. Mortgage Matrix can help you maximise all available benefits.

Do Mortgage Matrix only help buyers in Brisbane?

No. While our head office is in Brisbane, Mortgage Matrix helps first home buyers and refinancers across Australia through our digital platform and expert broker network.

Do you charge for your mortgage broker service?

No, our mortgage broker service is completely free for clients. We are paid by the lender, so you get expert home loan advice without any cost.

Can you help me refinance my home loan?

Yes, we specialise in home loan refinancing. We’ll compare lenders, find you a better rate or features, and handle the entire process for you.

Do you work with first home buyers?

Absolutely. We help first home buyers understand their options, access government grants, and secure the right home loan for their needs.

Why More Australians Are Choosing Mortgage Brokers

Navigating the home loan market can be overwhelming. With numerous lenders, loan products, and constantly changing interest rates, it’s understandable that more Australians are turning to mortgage brokers for guidance. At Mortgage Matrix, we simplify the process, ensuring you make informed decisions tailored to your financial situation.

Article written by

Jasmine Miller

A Growing Preference for Mortgage Brokers

Mortgage brokers have significantly grown in popularity. According to the Mortgage & Finance Association of Australia (MFAA), brokers facilitated 76% of all new home loans in the December 2024 quarter—a record high. This highlights the increasing trust Australians place in brokers to manage their home loan needs.

Maximise Your Borrowing Power

Different lenders have varying criteria, meaning your borrowing capacity can significantly differ between institutions. At Mortgage Matrix, we understand these complexities and connect you with lenders who best suit your financial profile—particularly beneficial if you're self-employed or have a complex income structure.

Access to a Wide Range of Options

Unlike banks offering only their own products, we have access to a diverse panel of lenders, including major banks, credit unions, and non-bank lenders. This broad choice enables us to present multiple loan options, ensuring you find a mortgage that aligns perfectly with your goals.

Specialised Offers for Professionals

Certain lenders provide exclusive deals tailored to specific professions, such as doctors, teachers, or accountants. We can help you access these specialised offers, often including discounted interest rates or reduced fees.

Commitment to Your Best Interests

Mortgage brokers are legally bound by the Best Interests Duty. This ensures we prioritise your needs above all else, providing recommendations genuinely aligned with your financial objectives.

Streamlined Application Process

From pre-approval through to settlement, our team handles the paperwork, liaises with lenders, and keeps you informed throughout every stage, making the home loan journey smooth and hassle-free.

Ongoing Support

Our service doesn’t stop at settlement. We conduct regular reviews to ensure your home loan remains competitive and continues to match your evolving financial circumstances.

Ready to Explore Your Options?

At Mortgage Matrix, our goal is to find the ideal home loan solution for you. Whether you're buying your first home, refinancing, or investing, our experienced brokers are here to guide you every step of the way.

Wondering why more people go with mortgage brokers? Our market update explains the shift.

Article written by

Jasmine Miller

Are you ready?

Start your journey

Apply Now