First Home Buyer
As a Mortgage Broker, I work carefully and diligently in order to provide my clients with the financing solutions they deserve. To me, there’s nothing more important than client satisfaction, which is why my promise is to find the best mortgage for each client based on their financial situation and property preferences. Read more about how I can make mortgages fast and easy for you.
First Home Buyer
The First Home Owner Grant (New Homes) scheme (the Scheme) was established to assist eligible first home owners to purchase a new home or build their home by offering a grant.
The grant amount is determined by the date of the eligible transaction. This is the date of the contract to purchase a new home or contract to build a home. For an owner builder, the eligible date is when the building work commences.
For eligible transactions made on or after 1 January 2016, the grant amount is $10,000.
It has never been better to be a First Home Buyer. These days you may be eligible for some Government Concessions and the Banks have really begun to provide flexible lending policies that make it easier to finance a home.
Housing Affordability Fund
The Housing Affordability Fund is an Australian Government initiative aimed at reducing the cost of new homes. The Australian Government has assisted Landcom with estate infrastructure costs and Landcom is passing on savings to eligible home buyers at Renwick.
The $20,000 HAF rebate is available to eligible purchasers on nominated lots under 2,000m2
Young couples and families often struggle to save for a deposit, especially with the rising cost of housing. Getting help from your parents to guarantee your loan is by far the most effective way of borrowing 100% of the purchase price. This means that you do not need to evidence any genuine savings and can fund the entire purchase price through the bank loan. Additionally, you will not have to pay Lenders Mortgage Insurance (LMI) which can amount to thousands and thousands of dollars.
Self Managed Super Fund (SMSF) Home Loans
SMSF home loans can be used to buy property through your SMSF and diversify your SMSF portfolio to include real estate.
This is a great option if you already have an SMSF with minimum funds of $200,000 upon application.