First Home Buyer Loans in Penrith & NSW 

Buying your first home is a major milestone — exciting, but full of big decisions. One of the first questions most buyers ask is: how much can I borrow, and what will my repayments look like?

How We Help

That’s where we step in. We do the legwork, comparing a wide range of home loans from Australia’s leading lenders to help you find the option that best suits your needs.

First Home Buyer Grants

As a first home buyer, you may be eligible for government grants and incentives. These are generally available to Australian citizens or permanent residents purchasing or building their first home as a principal place of residence. Because eligibility varies from state to state, we’ll guide you through the rules in your area and help you calculate how much support you could receive.

Big News: 5% Deposit Scheme Expanding

The Home Guarantee Scheme began on October 1, 2025, making homeownership easier than ever.

• Only a 5% deposit required — no place limits.

• No income caps — buyers with higher earnings can also apply.

• Increased property price caps, aligned with current market values.

• Simpler access for regional buyers, with one streamlined scheme.

• More participating lenders, including regional and customer-owned banks.

For many Australians, this means getting into the property market sooner with less upfront savings. At S&S Finance, we’ll check your eligibility, compare lenders, and guide you step by step through the process.

📖First Home Guarantee - Housing Australia

Support From Start to Finish

We don’t just help you choose the right loan — we also liaise directly with lenders on your behalf. From application to approval, we’ll handle the paperwork and keep things on track, so you can focus on the exciting part: finding your new home.

NSW Grants and Schemes

There are a range of government incentives designed to support home-buyers, from first home buyer assistance programs to rebates and even duty relief.

Support for Home Buyers

If you’re house hunting in NSW, you can use the Home Buyer Assistance Finder to quickly check your eligibility for the key programs available.

First Home Buyers Assistance Scheme (FHBAS)

First home buyers may be eligible for a reduced rate of transfer duty, or in some cases, a full exemption. The scheme is designed to make it easier for first-time buyers to take that important step into the property market.

Learn more about the First Home Buyers Assistance Scheme

First Home Owner Grant (FHOG)

If your first home is newly built, significantly renovated, or part of a house and land package with a building contract, you could qualify for a $10,000 grant. This incentive is designed to support first-time buyers choosing brand new or substantially updated homes.

Learn more about the First Home Owner Grant