Putting customers first across
Australia
A home loan that suits your needs
Buy a new
home
Refinance your
home loan
Invest in a
property
PAYG and self-
employed
Welcome to First Federal
The home loan lender that puts you first. Whether you’re a first-time buyer or a seasoned investor, we offer simple and flexible home loans suited to your goals.
Deal directly with a decision-maker at every stage and receive the support you deserve when purchasing your next property.
- Borrow up to 90% of the property value
- We look beyond just your credit score
- We consider additional income sources
Home loan options that place you first
First Choice
Simple home loans for PAYG and self-employed applicants. Perfect for refinancing or purchasing a home or investment property.
Starting from
6.99
%
pa.
pa.
Comparison rate
7.00
%
pa.
pa.
- Up to 90% LVR
- PAYG & self-employed (full doc)
- No risk fees
- Debt consolidation
- Cash out available
First Choice Plus
A simple and fast home loan with a flexible approach to credit history and security locations. It offers up to three years interest only repayments for investment properties.
Starting from
7.24
%
pa.
pa.
Comparison rate
7.25
%
pa.
pa.
- Up to 80% LVR
- PAYG & self-employed (full doc)
- Flexible approach to credit history
- Unlimited debt consolidation
- Cash out available
First Freedom
Overcome the red tape and benefit from a loan that offers unlimited cash out, debt consolidation and includes alt doc for the self-employed.
Starting from
7.99
%
pa.
pa.
Comparison rate
8.00
%
pa.
pa.
- Up to 80% LVR
- PAYG & self-employed (alt doc)
- Flexible approach to credit history
- Unlimited debt consolidation
- Unlimited cash out available
First Business
A versatile business loan designed to fit out-of-the-box borrowers. Includes medium and long-term options for both residential and commercial securities.
Starting from
8.64
%
pa.
pa.
Comparison rate
10.14
%
pa.
pa.
- Up to 70% LVR
- PAYG and self-employed (self-declared income)
- Unlimited debt consolidation
- Unlimited cash out available
Apply for a First Federal home loan
Quick Start home loan application
Tell us a bit about yourself and the loan you’d like. It’ll take just 5 minutes. We’ll then call you back within 24-48 hours to get your application moving. Remember, you must be over 18 years to apply.
Full home loan
application
Use this form to submit a complete loan application with us. Here we ask for full details about the borrowers on the loan, their employment, income, expenses and more.
Helpful home loan calculators
How can we help you on your home loan journey?
Talk to a loan specialist
Want to talk through your home loan options?
A First Federal specialist is here for you, simply call our customer service hotline.
Send us your enquiry
Want to ask us a question? Get in touch and our helpful team will get back to you.
Financial hardship
If you are a First Federal customer in need of hardship assistance, we’d like to see if we can help.
Popular home loan questions
How much can I borrow?
To work out your borrowing capacity, please refer to our handy online calculator.
How much deposit do I need?
Our home loan product range can support deposits from as little as 10% (subject to meeting eligibility criteria) so it’s best to speak with a Lending Specialist about your specific goals.
It’s also important to factor in additional costs such as stamp duty, legal fees, home insurance, risk fee such as LMI, valuation fee, application fee, rates, renovation fee, etc.
What are the fees and charges?
The fees and charges will vary depending on the home loan product you choose but should be factored in when saving for your deposit. For example, application fee, legal fees, valuation fees, monthly administration fee, stamp duty and mortgage risk fee (if applicable) are all things to consider before purchasing.
Get in touch with one of our Lending Specialists on 1800 178 333 to understand the full list of fees on a First Federal home loan and when these might apply. Alternatively, you can view a high-level summary of our home loan fees for each of our home loan products here.
What are the interest rates?
At First Federal, we offer a range of variable interest rates depending on your individual circumstances and the product you apply for. A decision on your rate will be based on a range of different factors including:
- The amount you need to borrow against the property value, i.e. Loan-to-Value Ratio (LVR)
- The size of your deposit
- Your income structure and source
- Credit history
- Assets and liabilities
- Purpose of the loan – purchase an owner-occupied property or an investment property
Click here to learn more about our home loan products, or to get an indicative interest rate speak to one of our Lending Specialists on 1800 178 333.
How long is the application process?
Your application process can take up to 6 weeks – this is the typical timeframe for a home purchase, however, the process may be quicker depending on how quickly the necessary documentation is provided. Delays in decisions are often caused by incorrect or missing documentation, so spend some time making sure you have everything you need ready to go.
To learn more about the First Federal Home Loan application process, please speak to a Lending Specialist on 1800 178 333.
What documents do I need to provide as an applicant?
Please give us a call on 1800 178 333 and let us know your situation and your goals so our team can guide you on what documents will be required and how to fill them out.