Purchasing your first property is an exciting time in your life and first home buyer grants are available at both a federal and state level for eligible applicants. They are available for those who are purchasing their first home to live in and are aimed at helping people get in to the property market.
The amount of the grant differs from state to state and stipluations apply according to the age and sale price of the home.
Selectabroker understands that all of this can be quite confusing and we encourage you to get in touch with us today! We’ll put you in touch with an experienced broker in your state for no fee.
From minimising the required deposit to finding out the relevant first home owner’s grant for you, our financing specialists understand exactly what to do to ensure you get the desired product.
Let us help you to fulfil your ambitions by purchasing residential real estate for the first time.
Are you after a first time home buyer loan?
Deposits and Savings
Whatever your current financial situation is, there will be many options for you. If you require a first time homebuyer loan, you may require asset conditions. It’s recommended that your savings account contains at least 5% of the property value for the month or more. The deposit can range from 0% to 20%. The maximum rate applies to certain regions, as well as to those who have bad credit ratings. If you have a guarantor, you can borrow up to 100% of the total property value.
Professional Help Today
First homebuyer loans are not too difficult. Whether you are finding a guarantor or purchasing a property, give us a call on 1300 510 045. You can also send us your details through the electronic form on the right. Regardless of how you choose to contact us, we will help you achieve all of your real estate dreams through our countrywide network of qualified mortgage brokers.