First Home Buyer
First Home Loan Deposit Scheme (FHLDS)
A new release of 10,000 places has just been released on the 1st of July 2020 for first home buyers.
It is expected there will be a rush to register for the scheme as there are significant savings available to eligible first home buyers.
There are 27 Lenders approved by the Australian Government to provide this service and it’s necessary to apply through one of these lenders.
The benefits to the first home buyer is the government will guarantee 15 percent of the valuation of the intended property purchase. This means there is no lenders mortgage insurance required saving thousands of dollars.
The first home buyer will require a 5% deposit. Perth Finance Brokers will assist you to research the lenders on your behalf taking account of their interest rates, fees and charges to find the right loan for you that meets your needs and objectives and is affordable.
I’ts recommended that you arrange your expression of interest and make an application, we can assist you with this, firstly we will research the approved lenders on your behalf, and then consulting with you, make your FHLDS application with your chosen lender.
Contact Andrew today at Perth Finance Brokers for more information and professional friendly service.