GET SMART FINANCIAL
  • Home
  • Get to Know us
    • The Get Smart Team
  • FAQs
    • Common Lodgement Questions
  • Calculators
  • Blog
  • Variable Rates
  • Rate Cut
  • Get in Contact

10,000 opportunities for First Home Buyers

3/7/2020

 
Picture
The First Home Loan Deposit Scheme is here to assist eligible first home buyers in purchasing a home sooner with a smaller deposit than what was previously required.
 
10,000 more opportunities are now available to help Australians buy their first home!
 
It provides a guarantee to participating lenders that allows eligible first home buyers to purchase a home with a little deposit of 5 percent without needing to pay the lenders mortgage insurance for having less than a 20 percent deposit.
 
With the current challenges posed by COVID-19, NHFIC anticipates the continued demand for these new 10,000 places to continue.
 
There are a number of select lenders that have been provided quota for the 10,000 Scheme places for the 2020-2021 financial year, and we can assist by guiding you though your lender options, and their respective process, to achieve the best outcome possible.
 
Applications will require a 2019-2020 Notice of Assessment from the Australian Taxation Office to demonstrate that their taxable income is no more than $125,000 for individuals and $200,000 for couples.
 
You could be in your first home with as little as 5 percent deposit. Want to know more? Hit me up and let's chat!
let's chat!
First Home Buyers Deposit Scheme link
17/12/2021 03:08:41 pm

Thanks for this informative blog. Keep on posting.


Comments are closed.
Privacy | Credit Guide | FAQs | Calculators
T:
0421 73 88 30 | E:
[email protected]
Credit Representative Number: 427013 | Australian Credit License Number: 391237 | MFAA Accredited Credit Advisor 150638 | FBAA Member number: M-358459​ | Copyright © 2025 Get Smart Results Pty Ltd
  • Home
  • Get to Know us
    • The Get Smart Team
  • FAQs
    • Common Lodgement Questions
  • Calculators
  • Blog
  • Variable Rates
  • Rate Cut
  • Get in Contact