If you are planning on buying your first home, you’ve come to the right place. Mortgage Link has over 15 years experience in residential home loans and can help you navigate the labyrinth of products, interest structures and legal requirements.
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Welcome Home Loans

The Welcome Home Loans scheme is a Government initiative to assist low income individual and families to be able to own their own homes.

Under the scheme it is possible to borrow 100% of a property’s purchase price. The total amount you can borrow is $200,000 without a deposit or up to $280,000 if you have a deposit of 15% of the amount above $200,000.

It is possible for the deposit to be gifted.

Mortgage Link has access to providers of Welcome Home Loans, and has helped many first home buyers into their own homes using the scheme.

To be eligible for one of these loans:

• You need to intend to be an owner-occupier and live in the house you buy
• You cannot own any other property
• There is a maximum income threshold
• You need to be able to pay an application fee (if applicable) and a Lenders Mortgage Insurance premium (if applicable). These can be built into the loan.