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Low Deposit First Homes / Frequently Asked Questions

Frequently Asked Questions.

Where are your properties located?

We have access to hundreds of properties and new estates throughout South East Queensland and Regional Victoria. All you need to do is tell us your preferred location and we will do the research to find your new home.

What type of homes do you have available?

We have a wide range of First Home Owners' Grant approved newly constructed and off the plan properties available for first home buyers including house and land packages, townhouses, units and apartments.

Does this option come with higher interest rates?

Interest rates will vary based on each applicants individual circumstances but will typically range between 4-5%.

Are there hidden charges?

There are no hidden charges involved with this purchase. Unlike a real estate agent who may charge a fee or commission for their service, we are paid by the builder and provide a free service to our clients. Best of all, we will contribute up to $10k towards your new home to assist with additional expenses.

Can I use my own builder or developer?

In order to receive our contribution of up to $10,000 towards your new home and our free first home buyer service, you will need to purchase your new home through one of our selected builders or developers.

When do I start making home loan repayments?

Your home loan repayments will begin after settlement. If your loan is a construction
loan, then rather than receiving the full loan at once you'll receive it in steps throughout the stages of construction.

Is it better to save up more or buy now?

If interest rates are low and the property market is rising, the growth in property prices will usually outstrip your ability to save. That means it's often better to purchase your home as soon as you can afford it.

How can I check my credit history? 

If you're unsure about your credit history, we will be able to check this for you at no cost or show you how to access it.

Apply now and find out if you qualify!

Our online application form will help us to determine if you qualify for a Low Deposit First Home option and calculate your estimated borrowing capacity. It's free to apply and it won't effect your credit rating. Simply fill in our online application form in less than 10 minutes.

Start your Low Deposit First Home application ›

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Low Deposit First Homes

Apply online and find out if you qualify for a Low Deposit First Home option and if you're eligible to get $10k back towards your property!

Apply Online

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    Walloon 'Waterlea Estate' H&L $370,000
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    Nambour 'Creekside Estate' H&L $448,000
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    Griffin 'Aspire Estate' H&L $490,000
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    Redbank Plains House & Land $385,000

"I'd like to say a huge thank you to Angie and Courtney for making the possibility of home ownership a reality for me. I'd seriously given up dreaming of it, resigning myself to the rent cycle for eternity. If you're thinking home ownership is out of your reach, contact MWC, you have nothing to lose and everthing to gain!" Rod, QLD - First Home Buyer

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