Top Schemes and Grants for First Home Buyers in ACT
Buying your first home in Canberra is an exciting milestone, but it also comes with big financial decisions. Fortunately, several ACT and federal government grants and schemes can ease your upfront costs, reduce your loan size, and waive stamp duty.
At TAZ Mortgage Solutions, we’re proud to be recognised as the best mortgage broker in Canberra. Our expert team helps you understand and access every possible benefit. Whether you’re working with a mortgage agent, comparing loans using a calculator for home loans, or exploring first home grants in Gungahlin, Belconnen, or Tuggeranong—we’ve got you covered.
🏠 1. First Home Owner Grant (FHOG)
Support for New Homes:
If you’re buying or building a brand-new home, you may be eligible for a one-off payment of up to $7,000.
Eligibility:
- Must not have owned property in Australia before
- Home must be newly built or substantially renovated
- Must move in within 12 months and live there for at least a year
TAZ Tip:
As the best mortgage broker in Gungahlin, we ensure every dollar you qualify for is claimed—without the paperwork stress.
🧾 2. Home Buyer Concession Scheme
Reduce or Waive Stamp Duty:
This ACT-based scheme helps eligible buyers reduce or eliminate stamp duty, which can save you thousands.
Eligibility:
- Must live in the home for at least 12 months
- Income must be within the ACT threshold
Use our loan calculator for home loan estimates to see how much you can save!
🏡 3. First Home Guarantee
Buy with a 5% Deposit:
Under this federal scheme, eligible buyers can purchase a home with just 5% down and avoid Lenders Mortgage Insurance (LMI).
Eligibility:
- Must be a first-time buyer
- Income limits: <$125,000 (single) or <$200,000 (couple)
- Property must be under the ACT price cap
Pro Tip:
Looking to Grants and loans Canberra or build? TAZ Mortgage Solutions aligns your plans with this scheme seamlessly.
👩👧 4. Family Home Guarantee
Support for Single Parents:
Eligible single parents can buy a home with as little as 2% deposit. The government guarantees up to 18% of the loan.
Our Role:
As your trusted mortgage agent, we help you qualify and find the best loan options across our 30+ lenders.
🏘️ 5. ACT Shared Equity Scheme
Co-Invest with the Government:
This pilot program allows you to co-purchase a property with the ACT Government.
Benefits:
- Smaller loan = lower repayments
- Possible stamp duty exemptions
We are the best mortgage broker in Belconnen and Tuggeranong when it comes to managing shared equity applications.
✅ Tips for Maximising Benefits
🤝 Work with the Best Mortgage Broker in Canberra
We simplify the process, find the right lenders, and secure competitive offers.
🎁 Combine Grants & Schemes
With the right guidance, you may stack FHOG, stamp duty relief, and deposit guarantees for maximum benefit.
📈 Stay Up to Date
We monitor changing eligibility criteria and policy updates to keep you informed.
🚀 Your Journey Starts with TAZ Mortgage Solutions
From grant applications to finding the best deals, our team at TAZ Mortgage Solutions is here to guide you every step of the way:
- Personalised loan advice
- Access to 30+ lenders
- Complete grant and application support
Ready to explore options? Use our calculator for home loans or contact the best mortgage broker in Tuggeranong today.
Your Canberra dream home is just a conversation away!
you can also review our guide “The Ultimate Guide for First Home Buyers in Canberra: Loans, Grants & Smarter Decisions“.