Monday to Friday, 9.00am to 4.30pm
Purchasing your first home is an exciting time, but can feel a little overwhelming.
From saving for a deposit to applying for grants and everything in between, Team Bank Orange is Here for You.
Our team of experienced lenders will guide you through the steps to becoming a first homeowner. They'll help you explore and then set you up with a loan suitable for your goals and lifestyle.
Did you know? We can take into account your rental history which can be used to demonstrate genuine savings habits? We can also help set you up with easy ways to start saving, such as a dedicated Savings Account or Term Deposit and automatically setting aside a dedicated amount per week directly from your pay.
5% Deposit Scheme
The Australian Government’s Home Buyer Assistance Scheme helps eligible Australians purchase a home sooner by reducing the size of the deposit required. The Scheme is designed to support home buyers who have saved a minimum deposit and meet specific eligibility criteria.
General Stream – for eligible first home buyers with a min. 5% deposit.
Single Parent Stream – for eligible single parents or legal guardians with a min. 2% deposit.
Family Guarantee
Don't quite have a deposit saved just yet? Maybe your parents want to help as a guarantor? This option allows you to use the equity from your guarantors' property to serve as security for your home loan. You need to be able to provide 5% genuine savings for a deposit, the rest of the deposit portion (15%) will be covered by the equity in the property. This will also help you to avoid paying Lenders Mortgage Insurance (LMI) which would normally apply to all loans with a deposit under 20%.
Grants
The First Home Owner Grant Scheme (FHOGS) is fully funded by the NSW Government and administered by the Office of State Revenue (OSR). As an agent for First Home Owners Grants, we are able to process the grant for you as part of your home loan application. Find out more information on the First Home Buyers Grant. Don't worry about the paperwork, your Bank Orange lending specialist will include this as part of your loan application with us.
Insurance
Don't forget about the additional responsibilities of owning a home, such as home, building and/or contents Insurance.
We work with our insurance partner, QBE Insurance, to provide competitive and convenient quotes during your loan application process.
Get an online quote for home, building and/or contents Insurance today or chat to your lending specialist.
Our home loans can support you through each life stage
-
FromInterest rate6.29 % p.a.
-
Comparison rate6.34 % p.a.
Features & fees
-
FromInterest rate6.04 % p.a.
-
Comparison rate6.09 % p.a.
Features & fees
-
2 YearInterest rate6.34 % p.a.
-
Comparison rate6.43 % p.a.
Features & fees
