First Home Buyer Loans
You will probably have many questions about the exciting process of buying your first home.
We answer your questions and more…
- First Home Owner Grant – am I eligible?
- First Home Plus Scheme – Am I eligible for stamp duty discounts or exemptions?
- How is my affordability calculated?
- How much deposit do I need?
- Do I need to consider a Deposit Bond?
- The role a Guarantor can play in the process.
We can help answer all your questions and make your First Home purchase a positive and enjoyable experience.
We will help you complete the Grant Application and lodge with your chosen lender to process in conjunction with the loan application.
Phone us now, or click here for a confidential and obligation free enquiry. We will contact you to discuss your requirements and answer your questions.
Understanding the differences…
The First Home Owner Grant Scheme is a joint Australian and State Government initiative offering eligible First Home Buyers a $7000 grant. The grant applies to residential dwellings only and does not apply to vacant land.
The First Home Plus Scheme provides exemptions or concessions on transfer duty for eligible First Home Buyers . This includes vacant land on which you intend to build you first home. Each State has their own rules regarding Stamp Duty exemptions. See the relative Office of State Revenue site for exact details.
Both of these schemes are administered by the Office of State Revenue.
