First Home Loan Deposit Scheme

First Home Loan Deposit Scheme places for the 2020-21 financial year are now available. Contact us now on 1300 822 902 to reserve your place. 

The First Home Loan Deposit Scheme is an Australian Government initiative to support eligible first home buyers purchase their first home sooner.

Usually first home buyers with less than a 20 per cent deposit need to pay lenders mortgage insurance. Under the Scheme, eligible first home buyers can purchase a modest home with a deposit with as little as 5 per cent (lenders criteria also apply). This is because NHFIC guarantees to a participating lender up to 15 percent of the value of the property purchased that is financed by an eligible first home buyer’s home loan.

There are only limited lenders across Australia offering places under the First Home Loan Deposit Scheme. Contact us now on 1300 822 902 to assess your eligibility and reserve your place in the scheme.

For more information on eligibility: Click here

You may also be eligible for the HomeBuilder scheme that will provide eligible owner-occupiers (including first home buyers) with a tax-free grant of $25,000.

To find out more, visit the Australian Government website: Click here

Even better news. If you an an eligible First Home Owner in QLD you may be entitled to further tax-free grant of $15,000. This may may mean you are eligible for a total of $40,000 to your first home.  Other States have their own First Home Owner Grant Schemes

With interest rates at an all-time low, now is the perfect time to take advantage of this opportunity. Get in touch with us today on 1300 822 902 to discuss your eligibility and we can help you secure your dream property.