First Home Buyer

With competitive rates and offers, let QBANK help make your first home dream a reality.

3.30 % p.a.3
3.33 % p.a.*
Variable Rate
Comparison Rate

Get into your first home sooner

Saving your first deposit can be difficult, you’ve got your work cut out for you before you even start looking for your first home. Thankfully QBANK are here to help. This exclusive first Home Buyer offer^ has all the features of our Classic Home loan, plus:

  • Minimum deposit of 5% (Plus any additional costs) required to be eligible.
    LMI required for loans exceeding 80% LVR
  • Full pre-approval service valid for three months. You can look for your first property knowing that you have been conditionally approved for a loan with us 2
  • Option to add LMI to your loan (total LVR including LMI not to exceed 100% LVR)
  • Choose from a range of variable or fixed rates 3

To be eligible; a salary credit of at least $1,500 per month must be deposited into your QBANK transaction account. This offer is valid for home loan applications of $150,000 or more of new lending for first home buyers and is available for a limited time only.

Buy your first home with QBANK and, if you take out a QBE home insurance policy through us, you will save 20% off the first year of your premium (capped at $200).4

Saving for your first home should not take forever. To find out if you are eligible to become a QBANK member and take out a home loan with us, call us on 13 77 28 or make an appointment with one of our home loan specialists by requesting a call back below

Request a Call Back

Please complete the form below and one of our staff will call you back at the first available time.

Please Note: QBANK collects and uses the information provided in this form to contact you to provide you with further information about our products and services. Our Privacy Policy available here contains information on accessing and seeking correction of your personal information and making complaints about breaches of the Australian Privacy Principles and how QBANK deals with the complaint.

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Important information:

Credit eligibility criteria, terms and conditions, fees and charges apply.

1Calculations based on a purchase price of $450,000 with an initial deposit of 5%, and loan amount of $441,085. Additional costs apply, estimated at $3,500 and have been included in the deposit calculations. LMI included in the loan amount accounts for $13,585. Upfront costs for conveyancing and building and pest inspection is not included in the loan amount. Based on a 30 year loan term.

2Pre-approval service provides a conditional loan approval. Approval by the bank and the lenders mortgage insurer and is valid for 3 months from time of approval. It is subject to valuation of the secured property that must be acceptable to the bank. Other conditions may apply.

3Current variable rate is 3.30%p.a. (comparison rate 3.33%p.a.*) and is subject to change. Fixed rates available for 1 – 5 years

*WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
The comparison rate displayed is calculated based on a loan amount of $150,000 over a 25 year term.

^Interest only not available. Subject to lenders mortgage insurance approval. Applies to owner-occupied loans only

4QBANK insurance is provided by QBE. Not available on renewals. Full terms and conditions available at Please read the PDS available at to decide if a product is right for you. Insurance issued by QBE Insurance (Australia) Ltd ABN 78 003 191 035 AFSL 239545.

Interest rates current as at 15 November 2019 and are subject to change without notice.