First Home Buyer Loans Sydney
Navigate the property market with confidence. We help first home buyers access the best rates, government grants, and low-deposit options from over 50 lenders.
Out of 19,000 Nationally
Mortgage Broker
Access to Best Rates
Google Reviews
Our Service is Free
Get Your Free Strategy Call
Fill in your details below and one of our expert brokers will be in touch within 2 business hours.
Get My Free Strategy Call
We respond within 2 business hours. No obligation.
We respond within 2 business hours. No obligation.
Why Choose Simplify Finance for First Home Buyer Loans?
At Simplify Finance, we believe that finding the right loan should be simple, transparent, and stress-free. Led by Fabio De Castro — ranked in the Top 20 out of 19,000 mortgage brokers nationally — our team brings over 15 years of experience and access to more than 50 lenders to every client conversation. We do not charge you a cent for our service; we are paid by the lender, which means you receive expert, unbiased advice at no cost.
Access Government Grants
We help you maximise the First Home Owner Grant (FHOG), stamp duty concessions, and the First Home Guarantee scheme — putting more money in your pocket.
50+ Lenders Compared
Instead of going to one bank, we compare home loans from over 50 lenders to find the lowest rate and best structure for your situation.
Low Deposit Options
Don’t have a 20% deposit? We specialise in 5% deposit loans, guarantor loans, and LMI waiver options to get you into your home sooner.
Expert Guidance at No Cost
Our service is completely free to you. We are paid by the lender, so you get expert advice without any out-of-pocket cost.
Frequently Asked Questions
How much deposit do I need for my first home?
While a 20% deposit is ideal to avoid Lenders Mortgage Insurance (LMI), many first home buyers purchase with as little as 5% deposit. Through the First Home Guarantee scheme, eligible buyers can purchase with just 5% deposit without paying LMI. We can also arrange guarantor loans where a family member uses their property equity to help you avoid LMI entirely. Learn more about guarantor loans.
What is the First Home Owner Grant in NSW?
The First Home Owner Grant (FHOG) in NSW provides $10,000 for eligible first home buyers purchasing a new home valued up to $600,000. Additionally, first home buyers may be exempt from stamp duty on properties up to $800,000, with concessions available up to $1,000,000.
How much can I borrow as a first home buyer?
Your borrowing capacity depends on your income, expenses, existing debts, and the lender’s criteria. As a general guide, most lenders will allow you to borrow up to 6 times your gross annual income. We provide a detailed borrowing capacity assessment during your free strategy call. Try our borrowing power calculator for an estimate.
Should I get pre-approval before house hunting?
Absolutely. Pre-approval gives you a clear budget, shows sellers you are a serious buyer, and allows you to move quickly when you find the right property. Pre-approval typically lasts 90 days and can be renewed. We handle the entire pre-approval process for you at no cost.
What are the hidden costs of buying a first home?
Beyond the purchase price, first home buyers should budget for stamp duty (or exemptions if eligible), legal/conveyancing fees, building and pest inspections, loan establishment fees, and moving costs. We provide a comprehensive cost breakdown during your strategy session so there are no surprises.
Related Services
Ready to Get Started?
Book a free strategy session with our expert team. No obligation, no cost — just clear, personalised advice.
We respond within 2 business hours. No obligation.