First Home Buyer
First home buyers in Moorabbin, Cheltenham & Bentleigh East
Pennant Loans, Mortgage Brokers helping you secure a home loan -from pre‑approval to settlement – with local support in Moorabbin, Cheltenham and Bentleigh East.
Your first home journey - made local and straightforward
Buying your first home? We help first‑home buyers compare home loans, understand stamp duty in Victoria, and navigate programs such as the First Homeowner Grant (FHOG) and the 5% deposit First Home Guarantee. The FHOG in Victoria is $10,000 for eligible buyers of new homes valued up to $750,000, and first‑home buyers may receive a full stamp duty exemption up to $600,000 or a concession on a sliding scale from $600,001–$750,000.
How we assist first home buyers
Local lending options: We compare suitable products from a wide panel to fit your goals and the property types common in Moorabbin, Cheltenham and Bentleigh East.
Pre‑approval support: We organise your documents, explain LVR, LMI, and help position your application for properties typical of these neighbourhoods.
Government program guidance: We discuss eligibility for the First Home Guarantee (administered by Housing Australia) and keep you across any annual place releases. In FY2025‑26, 50,000 places were announced across the three guarantees (First Home, Regional First Home Buyer, Family Home). Applications are via participating lenders.
Budgeting & timelines: We outline key steps – pre‑approval, offer/auction, valuation, formal approval, settlement – so you know what happens when.
Clear, compliant communication: We avoid all the jargon and speak to you about the things you need to know in clear and uncertain terminology.
Why clients choose Pennant Loans
Local focus
Guidance tailored to Moorabbin, Cheltenham and Bentleigh East property stock, price points and buyer demand.
Straightforward process
We cut through jargon – variable vs fixed, offset, redraw, genuine savings – so you can make confident decisions.
Support beyond approval
We stay with you through valuation, settlement and the first months in your new home.
Get in touch!
If you would like to know more about any of our services or have a questions about an existing loan, please complete the form and a member will be in touch shortly!