The Australian Government recently introduced a First Home Loan Deposit Scheme (FHLDS). Eligible first home buyers can secure a property with as little as a 5% deposit without paying lenders mortgage insurance (LMI). This is on top of the current First Home Owners Grant (FHOG) of $10k for eligible purchasers/properties.
We encourage all of you who are looking to get into the market to familiarise yourself with the schemes which includes the purchase of land/ house and land packages.
Refer to the attached fact sheet on the FHLDS scheme or visit the FHLDS & FHOG website for more details.
You can also contact or visit Joe at our sales office for more information on 9740 2000.
Have a great day!
https://www.nhfic.gov.au/what-we-do/fhlds/
https://www.sro.vic.gov.au/first-home-owner