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UR Penny 👊 Empowering women with financial literacy and confidence as they build wealth
👑 Built by women for women
🏖 Sydney startup founded by Jemi Jeng

Jargon buster: LMI 📖 LMI stands for lenders mortgage insurance. It's a cost you usually pay if your deposit is less than...
16/10/2026

Jargon buster: LMI 📖

LMI stands for lenders mortgage insurance. It's a cost you usually pay if your deposit is less than 20%.

Good to know: it protects the lender, not you. It can cost thousands of dollars, and it's often added to your loan.

Some schemes, like the 5% Deposit Scheme, let eligible buyers avoid LMI. Learn more on the Penny blog. Link in bio.

General information only, not financial advice.

Myth: You need a 20% deposit to buy a home. Fact: Eligible first home buyers can buy with a 5% deposit through the 5% De...
16/10/2026

Myth: You need a 20% deposit to buy a home.
Fact: Eligible first home buyers can buy with a 5% deposit through the 5% Deposit Scheme, and as little as 2% under Help to Buy, without paying lenders mortgage insurance.

Good to know: A smaller deposit comes with trade-offs. It means a bigger loan and your repayments may be higher. Crunch the numbers with Penny and see where you stand.

Learn more about the different ways to buy on the Penny blog. Link in bio.

General information only, not financial advice.

14/10/2026

Think you need a 20% deposit to buy your first home? It's one way in. It's not the only way.

You can buy with less through the 5% Deposit Scheme, Help to Buy, a family guarantee or lenders mortgage insurance. Or you can reach your deposit sooner by buying with someone, rentvesting or saving through super.

Each option has trade-offs, so it's good to know what you're signing up for before you choose. An expert broker can help you weigh them up.

Learn more on the Penny blog. Link in bio.

General information only, not financial advice.

Think you need a 20% deposit to buy your first home? Not always. From the 5% Deposit Scheme to Help to Buy, family guara...
13/10/2026

Think you need a 20% deposit to buy your first home? Not always. From the 5% Deposit Scheme to Help to Buy, family guarantees, co-buying, rentvesting and the First Home Super Saver Scheme, there are a few different ways to get into the property market sooner.

Save this post and come back to it when you are comparing your options. Want the full breakdown?

Read the Penny blog: The different ways to buy your first home.

Post contains general information only, not financial advice

Rates have gone up again 📈 Here's what it means for your first home.The RBA has raised the cash rate to 4.60% last week....
06/10/2026

Rates have gone up again 📈 Here's what it means for your first home.

The RBA has raised the cash rate to 4.60% last week. It's the fourth rise this year and the highest since 2011.

If you're a first home buyer, this interest rate rise changes two things: your borrowing power and your home loan repayments.

Your quick checklist 👇
✔️ Check your pre-approval still stands before you bid
✔️ Treat your approval as a ceiling, not a target
✔️ Keep an eye out: prices have eased in Sydney, Melbourne and other capitals, and many lenders are cutting rates for new customers

Buying your first home is still possible 🏡

📌 Save this for when you start house hunting, and send it to a friend who's saving for a deposit.

Read the full guide on the Penny blog, link in bio.

General information only, not financial advice.

We weren't meant to close the gender gap alone. So we didn't try to. 🤝A few weeks ago, we brought our very first ecosyst...
12/05/2026

We weren't meant to close the gender gap alone. So we didn't try to. 🤝

A few weeks ago, we brought our very first ecosystem of partners together - brokers, lenders, advisers, and financial professionals who deeply care about helping women gain financial independence.

The mission was simple: figure out how Penny can reach more women who feel stuck when it comes to buying their first home.

That’s who we exist for: women who want in on property ownership but keep hitting walls that weren't built with them in mind. We're creating a space where women can easily find and connect with other women across finance and property for help.

To every partner who believed in us when we were still just a concept: thank you!

Interested in being part of the movement? EOIs are open. Link in bio.

Financial @ No Fuss Home Loans Finance

30/04/2026

Too many people feel stuck when it comes to buying a home.
We’re changing that.

Last week we brought together the Penny ecosystem to keep building a clearer, more supportive path, so you know what to do, who to trust, and what’s possible when buying your property.

Sign up to Penny now and start your journey: app.urpenny.com.

09/10/2025

A massive thank you to the ShapeShifters team, Think Visual, Renee Lim, Aditi Hegde, and Sydney University for such a fun and inspiring event!

It was incredible to see our story and money journeys brought to life visually. At Penny, we use design in our financial workshops, so it was amazing to watch our journey come alive through live scribing.

Check out the video — and if you’re curious about Penny, visit www.urpenny.com
💜

September at Penny was about cutting through the noise, and reclaiming your financial power.We talked about: > Underquot...
29/09/2025

September at Penny was about cutting through the noise, and reclaiming your financial power.

We talked about:
> Underquoting and the Mirage Economy
> Taking a financial gap year to reset and save
> Challenging “girl math” and outdated money myths
> Navigating today’s housing market with confidence

Because buying a home isn’t just about numbers - it’s about strategy, clarity, and knowing your worth.

Penny’s here to help you track progress, explore options, and make informed choices every step of the way.

Catch up on this month’s blogs: www.urpenny.com

Thinking about buying your first home? You’re not alone - and you’re not behind.With more buyers entering the market and...
29/09/2025

Thinking about buying your first home? You’re not alone - and you’re not behind.

With more buyers entering the market and prices on the rise, it’s easy to feel uncertain. But Penny is here to help you feel confident, not overwhelmed.

What you can control:
> Your savings and borrowing power
> Your research and readiness
> Your mindset and support network

Penny gives women the tools to track progress, explore options, and connect with trusted experts - so you can make informed choices without the stress.

Because financial confidence isn’t just about numbers. It’s about knowing you’ve got this.

Sign up today: www.urpenny.com

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