
My First Loan Resource Hub
Buying your first home can be daunting, but with the right information, it becomes a lot easier.

Everything You Need to Master Your Home Loan Journey
Our Resources Hub provides you with everything you need to confidently navigate the home loan process.
Explore our expert blogs for practical tips, browse our FAQs for quick answers to common questions, check out our glossary to understand key terms and discover the grants and incentives that could make owning your first home more affordable.
Whether you're just starting or nearing your goal, we're here to help.

Join Our First Home Masterclass
Discover how to break through the barriers to homeownership with a better loan
Your Guide to Affordable Homeownership
1
Meet Your Coach
Let us pair you with a dedicated home loan coach. They’ll provide guidance to help you through the home buying process.
2
Create a Savings Plan
Your coach will estimate your borrowing power and provide budgeting advice, made easy with our MFL Success Tracker app, so you can save confidently for your new home.
3
Get Your Loan
When you're ready, apply for and secure the loan you need to purchase your first home.
FAQs
Got questions? We’ve got answers. Take a look at our Frequently Asked Questions to get quick and clear information on everything you need to know about the home loan process.
A family guarantee involves a family member, usually a parent, offering their property as additional security for your loan. This can help you secure a loan with a smaller deposit, avoid Lenders Mortgage Insurance (LMI) and enter the property market sooner.
You can exit a family guarantee by refinancing your home loan once you’ve built up enough equity, typically when your loan-to-value ratio (LVR) drops below 80%. This releases your guarantor from their obligations.
Borrowing power is the maximum amount a lender will loan you based on your financial situation. You can increase it by reducing debts, saving a larger deposit, improving your credit score and increasing your income.