First home buyer mortgage brokers in Townsville
Compare mortgage brokers in Townsville who help first home buyers. Check their BrokerScore and reviews, and see which lenders they work with.
No mortgage brokers in Townsville have listed first home buyer as a specialty on BrokerScore yet.
First home buyer help in Queensland
- Buy with as little as a 5% deposit without paying lenders mortgage insurance (2% for eligible single parents and legal guardians).
- No income caps and no limit on places since 1 October 2025.
- Property price caps apply and vary by area. Your broker or a participating lender can check the cap for your postcode.
Queensland
- A First Home Owner Grant of up to $30,000 for eligible new homes valued under $750,000.
- A full transfer duty concession for eligible first home buyers buying or building a new home.
- A partial first home concession may apply to established homes.
General information only, last checked 9 October 2026. Grants and concessions change often and have eligibility rules, so confirm with the official source or a mortgage broker before you rely on them.
What a mortgage broker does for a first home buyer
A broker works out how much you can borrow, compares loans across their lender panel, checks which grants and schemes you qualify for, and manages the application through to settlement. Most are paid a commission by the lender, so you usually don’t pay them directly. Ask them to explain how they’re paid before you start.
Get your paperwork ready
Lenders will want ID, recent payslips, bank statements showing your savings history, details of any debts (including credit cards and buy now pay later), and your last tax return if you’re self-employed. Having these ready speeds up pre-approval.