Buying your first home?
Buyvest mortgage brokers in Sydney specialise in first home buyer loans. We compare home loan options from 35+ lenders to find you the best home loans with the lowest rates. Whether you're purchasing your first property, understanding government schemes, or securing the best finance option, our experienced Buyvest team provides expert guidance.
We specialise in helping first home buyers in Sydney access government-backed schemes like the 5% Deposit Scheme, first home owner grants, and flexible lending options designed specifically for first-time property owners.
Ready to buy your first home with Buyvest?
Get your free assessment from Buyvest mortgage brokers and find out exactly how much you can borrow and what government assistance you qualify for.
Free Assessment TodayWhy use Buyvest mortgage brokers for your first home purchase?
Access to 35+ lenders
We work with banks, credit unions, and non-bank lenders. Different lenders have different criteria - we match you with the right one.
No cost to you
Lenders pay our commission directly. You pay the same rate whether you go to the bank directly or through us - but with expert guidance included.
Time & money savings
We navigate complex paperwork, coordinate valuations, and manage lender communications. We often save clients thousands in rates and fees.
Expert market knowledge
We understand Sydney's property market, local suburb trends, and investment potential. We guide you toward value and growth opportunities.
Fixed & variable options
Compare and choose between fixed, variable, or split loans tailored to your situation. We explain pros and cons of each option to help you decide.
Ongoing support
We don't disappear after settlement. We're available to discuss refinancing, rate changes, loan adjustments, and future property opportunities.
Why choose Buyvest for your first home?
5% deposit scheme access
Secure your first home with as little as 5% deposit through the government-backed 5% Deposit Scheme. We connect you with lenders who offer this scheme, eliminating expensive LMI.
First home owner grant
Get up to $10,000 towards your purchase of a new home. We help you navigate eligibility requirements and maximise all available government assistance programs.
Stamp duty concession
As a first home buyer in NSW, you may be eligible for full or partial stamp duty exemption. We ensure you claim every available concession to reduce upfront costs.
No lenders mortgage insurance (LMI)
Through government guarantee schemes, eliminate expensive LMI costs - potentially saving you $5,000-$15,000 that you can put towards your new home instead.
Shared Equity Scheme
Access the government-backed Shared Equity Scheme and purchase your first home with a smaller deposit. The government co-invests in your property, reducing your mortgage and making home ownership more achievable.
Flexible loan features
Access offset accounts, redraw facilities, and split loans to give you maximum flexibility as your life circumstances change over time.
First home buyer schemes in NSW – Buyvest explains
5% deposit scheme
First home buyers, no income cap, unlimited spots
Purchase with 5% deposit, no LMI
NSW capital city $1,500,000 | NSW other $800,000
First home owner grant (new homes)
First home buyers purchasing/building new
$10,000 grant + stamp duty exemption
Up to $600,000 for new property or land + house combo $750,000
First home buyers assistance scheme
First time buyers in NSW
Stamp duty concession or exemption
As a first home buyer in NSW, you may be eligible for full or partial stamp duty exemption. We ensure you claim every available concession to reduce upfront costs.
First home super saver (FHSS)
First home buyers with superannuation
Contribute up to $50,000 to super tax-free
Use towards deposit or purchase
What first home buyers need to know
Advantages
- Government guarantee eliminates LMI
- Purchase with 5% deposit instead of 20%
- Access grants and tax benefits
- Stamp duty concessions save thousands
- Low interest rates for first-timers
- Fixed and variable rate options
Important considerations
- Must occupy property as primary residence
- Generally a maximum property price cap
- Scheme places are unlimited
- Cannot purchase investment property
- Loan term typically 20-30 years
- Responsible lending checks apply
Home loans types – that work for first home buyers
Understanding mortgage types helps you choose the best home loan strategy. Compare different types of mortgage loans available through Buyvest mortgage broker services.
Fixed rate home loans
Lock in a fixed mortgage rate for complete budget certainty. Fixed interest rate home loans protect against rate increases and are ideal for those seeking stability and predictable repayments.
Variable rate mortgage loans
Flexible mortgage options that move with market conditions. Variable rate home loans offer redraw facilities and access to the best home loan options when rates decrease. Compare variable mortgage loans through our mortgage broker services.
Principal and interest home loans
The most common home loan type for first home buyers. You pay both principal and interest, building equity in your property from day one. This is the standard repayment option that helps you own your home outright over time. Ideal for those who want to build wealth through property ownership.
Split home loans
Combine fixed and variable portions in one loan strategy. Split mortgages give you the flexibility to match different parts of your loan to your financial goals and circumstances.
100% offset accounts
Maximise your savings by offsetting your home loan balance. 100% offset accounts reduce interest and help you pay off your loan faster. Buyvest helps you optimise your offset strategy.
Home loan redraw facility
Access extra payments you've made to your home loan when you need funds. Home loan redraw facilities offer flexibility for unexpected expenses. Ask your Buyvest mortgage broker about redraw options available.
Use our first home buyer calculators
Understand what you can afford and how government schemes can help you save money
How to apply for home loans with Buyvest
Applying for home loans is simple when you work with Buyvest mortgage brokers. Here's how to get a mortgage loan and find the best home loan rates for your situation.
Discuss your home loan goals and financial plans with Buyvest. Let us help you prepare for applying for home loans, including paperwork organisation and pre-approval. First home buyers benefit from our expert guidance on types of home loans and the best home loan options available.
We review your finances and compare home loans across 35+ lenders and mortgage banks. Buyvest explains your choices so you make the right call. Applying for a home loan becomes easy when comparing rates and finding the right option for your situation.
We handle settlement, coordinate with solicitors, arrange property valuations, and provide ongoing support. After applying for mortgage, Buyvest specialist team ensures smooth completion. Get a mortgage loan approved and receive continued support throughout the entire home loan process.
Documents needed for a home loan application
Have these ready to streamline your approval process and get pre-approved faster.
Personal identification
Australian passport or driver's license (with photo, full name, DOB, current address), plus citizenship certificate or birth certificate. We keep everything secure and confidential.
Proof of income
Two recent payslips from current employer, or 2 years' tax returns if self-employed. For contract/casual work, employment letters plus Pay As You Go (PAYG) summary.
Financial statements
Latest bank statements (3 months), savings account statements, and internet banking history showing your current financial position.
Existing debt information
Statements for all existing home loans, car loans, credit cards, and personal loans. We need to calculate your full debt servicing capacity.
Gift letter
Gift letter confirming that funds are unconditional and provided by a family member or approved source to support your home purchase.
ABN & business documents (self-employed)
ABN registration, 2 years' tax returns, BAS statements, and recent invoices or business statements showing your practice income.
What our first home buyers say
"I was overwhelmed trying to understand all the government schemes and which bank would approve me. The team made everything simple and saved me over $8,000 in stamp duty. I couldn't have done it without them!"
"Fast, professional, and they knew the Sydney market inside out. They helped me find a property in a growth area and negotiated a better deal. Highly recommend for first home buyers."
"No confusing jargon. They explained everything in plain English. The pre-approval process was super quick and when the right property came on the market, I was ready to go."
Buyvest mortgage brokers serving Sydney & Australia
Buyvest mortgage brokers help first home buyers across Sydney and Australia to find the best home loans and secure the best rates available. Whether you need help understanding home loan options, navigating the 5% Deposit Scheme, or securing government assistance, our Buyvest team is here to guide you through every step of your journey.
Ryde area suburbs
Greater Sydney regions
Regional NSW
Australia wide
Buyvest mortgage brokers also assist first home buyers across Australia. Contact Buyvest to discuss your location and how our mortgage brokers can help you purchase your first home.
Ready to get started on your first home with Buyvest?
Our expert team of Buyvest mortgage brokers is ready to guide you through every step of your home buying journey.
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