Your first home is a big moment. We treat it that way.
Clear guidance, honest advice, and support that goes beyond the application.
Buying your first home is a big step — and it can feel overwhelming.
Buying your first home is a major step
It’s normal to feel overwhelmed by the decisions, numbers, and rules involved.
From understanding how much you can really afford, to navigating loans, grants and lender requirements, there’s a lot to take in.
We help first-home buyers break the process down clearly, understand their options, and move forward with confidence — not guesswork.
Why first-home buyers choose Extra Mile
- Australian home loan experts with deep local market insight
- Clear, step-by-step guidance
- Honest advice, no pressure
- Support from first questions through to settlement
Big decisions. Real guidance. Real outcomes.
What clients say after going through the process with Extra Mile.
How buying your first home works
Step 1 - Understand your borrowing power
We assess your income, savings, expenses and goals to give you a clear and realistic picture of what you can afford — before you start house hunting.
Step 2 - Choose the right loan and incentives
We explain loan options in plain English and help you understand which government grants or schemes you may be eligible for.
Step 3 - Apply with confidence
We manage the application process, liaise with lenders, and guide you through each step right through to settlement.
Understanding your first-home buyer options
Buying your first home isn’t just about finding a property — it’s about choosing a loan structure and pathway that fits your situation.
Deposit requirements, government incentives, lender policies and borrowing limits can all vary depending on your circumstances. Some options prioritise getting you into the market sooner, while others focus on long-term affordability and flexibility.
Our role is to help you understand the trade-offs, explain what applies to you, and guide you toward decisions that make sense both now and in the years ahead.
Common questions first-home buyers ask - Feeling unsure about the process? You’re not alone.
- Not sure how much you can borrow?
- Confused about grants and incentives?
- Unsure how much deposit you really need?
- Worried about making the wrong financial decision?
You don’t have to figure it out on your own.
We break everything down clearly, answer your questions honestly, and help you move forward with confidence.
A trusted team beyond your home loan
We regularly work with experienced buyers agents, conveyancers, inspectors and financial planners to support first-home buyers beyond the loan itself.
Requirements vary by lender, but most first-home buyer applications involve:
- Identification
- Proof of income
- Details of savings and expenses
- Bank statements
- Information about the property (once selected)
We’ll guide you on what’s needed and when, so you’re never scrambling at the last minute.
Frequently asked questions
Do I need a deposit to buy my first home?
In most cases, yes — but the amount can vary. Depending on your situation, you may be able to buy with a lower deposit or access specific first-home buyer schemes. We’ll explain what applies to you.
What grants am I eligible for?
Eligibility depends on factors such as the property price, location and your circumstances. We’ll help you understand what may be available and how to apply.
How long does the process take?
Every situation is different, but once your application is submitted, approvals can often be achieved within a few weeks. We’ll keep you informed at every stage.
Will buying my first home affect my future options?
Your first loan structure can influence flexibility later on. We’ll help you consider both short-term affordability and longer-term implications.
Can I speak to someone before I start looking at properties?
Absolutely. Many first-home buyers speak with us early to understand their position before making any commitments.
Contact us
Our Adelaide office
We’re based in Adelaide and support clients across South Australia and Australia-wide.