Buying your first home in Queensland is a major milestone, and it should feel exciting. Right now, first home buyers have access to some of the strongest incentives we have ever seen, including low-deposit options, government guarantees, stamp duty savings and the $30,000 First Home Owner Grant for eligible new builds.
If that sounds like a lot to wrap your head around, that is where we step in. Nexgen Lending explains everything clearly, helps you understand your options and builds a simple, personalised plan that gives you confidence.
And your first appointment is completely free. No commitments. No pressure. No fees from you, ever.
Our clients want clarity, structure and support without the jargon or overwhelm. We specialise in both simple PAYG applications and more complex lending scenarios, including self-employed borrowers, contractors, new business owners and anyone whose situation does not fit into a neat box.
Whether your income is predictable or unpredictable, we know how to present your scenario properly to lenders so you get a fair assessment.
What you get with Nexgen:
- A clear understanding of what you can borrow
- Guidance through every QLD incentive available
- Support to access the 5 percent deposit, no LMI scheme
- Insight into timing for stamp duty savings and grants
- A tailored loan structure designed for long-term comfort
- A team that keeps you updated from start to settlement
- An ongoing partner who negotiates with lenders over time
If you ever feel unsure, we clear it up. If you are stuck, we sort it. If you want to skip the reading and talk it out, call us anytime.
Need to have a chat? We are here to help!
Give us a call and book an obligation free consultation.
There are some really exciting things happening right now for first home buyers in Queensland. Check this out.
The 5 Percent Deposit, No LMI Pathway
Many buyers assume they cannot buy until they’ve saved a much larger deposit. This scheme changes that completely. Eligible first buyers can purchase with just 5 percent and no Lenders Mortgage Insurance. That is real savings, sometimes tens of thousands.
The $30,000 First Home Owner Grant
This grant applies to eligible brand-new homes under the current price caps. It can top up your deposit or help reduce your upfront expenses. For many buyers, this is the difference between “maybe one day” and “let’s buy now.”
Stamp Duty Concessions
QLD first home buyers often qualify for reduced or removed stamp duty, especially on new builds. We review your contract, timing and eligibility to make sure nothing is missed.
If you’d rather talk than read about these incentives, book your free appointment and we’ll explain everything.
What Nexgen Actually Does For You!
A mortgage broker is not just a rate-comparison service. Nexgen manages the entire lending process end-to-end.
We:
- Compare lenders and explain why each option does or doesn’t suit
- Review your income, deposit and scenario across many banks
- Guide you through obtaining pre-approval
- Help you structure the loan to suit your budget and future plans
- Clarify contract dates and key conditions
- Handle all communication with lenders and solicitors
- Provide ongoing support long after settlement
- Conduct annual reviews and renegotiate rates when needed
FREQUENTLY ASKED QUESTIONS
What does a finance broker do?
Finance brokers are qualified finance industry professionals. We work with you to determine your borrowing needs and objectives, and to help you determine how much you can borrow. Brokers help to ensure that you don’t take out a loan that is not right for you.
Like your solicitor, accountant or financial planner, we are specialists in what we do and will provide you with a suitable finance solution to help you achieve your goals.
With a finance broker, you can expect a more personalised level of service than you would usually receive directly from a lender. Additionally, our brokers have access to finance products from a wide variety of lenders. This means your broker can compare lending products from different lenders to find a loan that’s just right for you.
Do you Charge fees for loans?
Some finance brokers charge a fee for their services and some don’t. When you take out a loan via a finance broker, it does not cost you more in loan repayments. Brokers get paid a commission by the lender for bringing new business to them, but this does not impact your interest rate.
Some brokers charge a fee for their service. They must disclose this fee upfront to you so that you know what it will cost if you engage their services.
Don´t you just recommend the lender who pays you the most commission?
Absolutely not. First of all, there is very little difference between the commissions paid by the various lenders. There is also legislation in our industry called the National Consumer Credit Protection Act (or NCCP), that is designed to protect consumers and ensure ethical and professional standards in the finance industry. We tell you upfront what commission we will be getting from the lender. Our job, our only job, is to find a competitive loan for your needs and objectives.
Isn´t it more expensive to use a broker?
Some brokers charge a fee for their service which they must disclose to you up-front before you engage their services. However, the costs of the loan are the same. These costs depend on the loan and lender you choose. If you want to save on loan costs, just tell us. We can locate loan products from the lenders with the lowest fees and charges.
How much can i borrow?
There are specific factors that need to be considered when determining how much a customer can borrow, such as income, employment position, savings, current living expenses and any liabilities. Our borrowing calculator can give you a rough idea of how much you may be able to borrow. For a more accurate assessment, please give us a call and we can go into your options and discuss your circumstances in more detail.
Should i go fixed or variable?
A finance broker will recommend a product based on what you say is most important to you – for example, “pay my loan off quickly” or “guaranteed repayments” or “low cost”. We do however, live by the following; “if you want flexibility, take a variable rate loan. If you want budget certainty, take a fixed rate loan. If you want both, then do a split loan.”
Ready to chat?
We are just one phone call away ready to help you!
A couple from the Sunshine Coast came to us thinking they were still years away from buying. They had solid incomes but assumed they needed a much bigger deposit.
When we reviewed their situation, we found:
• They met eligibility for the 5 percent deposit, no LMI scheme
• Their incomes supported the purchase comfortably
• They qualified for the $30,000 First Home Owner Grant
• They were eligible for a stamp duty concession
The result was a purchase that fit perfectly within their budget. They moved from “we’re not ready” to “we’re buying our first home” within a matter of weeks.
They were surprised by how achievable it was. Many first buyers are.
Start Your First Home Buyer Plan
Your first home should be exciting, not stressful. Book your free first home buyer appointment, and we will walk you through everything you need to know. No pressure. No commitments. Just clarity.
If you are considering a house-and-land package or a brand-new build, a construction loan may be ideal. These loans release funds in stages and help manage your cash flow during the build process.
Nexgen helps you:
- Understand staged payments
- Structure your loan for affordability
- Confirm eligibility for grants
- Compare lenders with construction experience
- Navigate builder contracts and progress payment schedules
