First home buyers | Penrith, Caddens & Glenmore Park
Start your home loan journey today
First Home Buyers in Penrith, Caddens, Jordan Springs & Glenmore Park
Starting your home ownership journey is both exciting and challenging. At Mortgage Choice Penrith, our team is here to guide you through every step of the home loan process, ensuring you make informed decisions tailored to your unique circumstances.
With access to a wide selection of loans from over 35 lenders, we are committed to finding the right finance option for you. We aim to simplify the home loan process, making it as seamless and stress-free as possible.
If you're ready to explore your home loan options or have questions about the first home buying process, reach out to our team.
Resources for First Home Buyers
To support your journey, we offer a range of free resources:
- Home Loan Calculators: Estimate your borrowing capacity, repayments, and more with our user-friendly tools.
- First Home Buyer Guide: Download our comprehensive guide to understand the home buying process, from saving for a deposit to settlement.
- Educational videos: Watch informative videos covering various aspects of purchasing a property.
Understanding the First Home Owner Grant (FHOG) in New South Wales
The First Home Owner Grant is a one-off, $10,000 payment designed to assist eligible first home buyers in purchasing or building a new home in NSW. To qualify, the property must be:
- A newly built house, townhouse, apartment, or unit valued at $600,000 or less.
- Alternatively, if you purchase land and enter into a building contract, the combined value of the land and the home must not exceed $750,000.
Eligibility criteria for the applicant:
- Must be at least 18 years old
- An Australian citizen or permanent resident and,
- A first home buyer who has not previously owned property in Australia.
Beyond the FHOG, first home buyers may be eligible for the First Home Buyers Assistance Scheme (FHBAS), which offers exemptions or concessions on stamp duty for properties valued up to $1 million. This can result in significant savings, making homeownership more accessible.
To learn how these incentives can work for you, call our team at Mortgage Choice Penrith on 0437 976 046 or book a consultation online!
Client Testimonial
"As a first home buyer, obtaining the home loan was by far the most daunting thing! Mortgage Choice not only made the experience far easier, but it was enjoyable!"
— Hayley Bushell, Penrith
If you're ready to explore your home loan options or have questions about the first home buying process, reach out to Krystal Jackson and the team at Mortgage Choice Penrith.
We can also help you with:
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
