First Home Loan Deposit Scheme

Aug 15, 2019 5:17:01 PM

Saving a deposit for a mortgage is often the biggest hurdle for many first home buyers. Rising property prices in some areas in Australia means it can take years to save up enough of a deposit. Add to that the cost of Lenders Mortgage Insurance (LMI) and it’s easy to see why so many first home buyers struggle to get a foot onto the property ladder. But that’s all about to change with a Government scheme aimed at helping more first home buyers.


Read more

Topics: First Home Owner Grant, first home buyer, Financial Advice, Home Loan Advice, Mortgage Advice, Australia Mortgage Broker, First Home Loan Deposit Scheme

A step-up for first-home buyers

May 22, 2019 9:39:23 AM

With the election results just in and the Coalition party having secured a majority government, there will be some changes ahead. Prime Minister Scott Morrison has introduced a new $500 million First Home Loan Deposit Scheme that will enable 10,000 first home buyers buy a home with only a five per cent deposit. Find out what you need to know as a first-home buyer.


Read more

Topics: First Home, First Home Owner Grant, first home buyer, Mortgage Advice, First time homeowner, Australia Mortgage Broker, First Home Loan Deposit Scheme