Australian Government First Home Loan Deposit Scheme (FHLDS)
The Australian Government has announced it will introduce the First Home Loan Deposit Scheme to help eligible first home buyers purchase their first home sooner.
The FHLDS is expected to commence on 1 January 2020 and will be administered by National Housing Finance and Investment Corporate (NHFIC).
To find out more and to check the eligibility criteria, visit the Australian Government’s First Home Loan Deposit Scheme website.
At Yarrabilba we can also assist by referring you to our dedicated mortgage broker. Contact us today to find out more.
Queensland Government First Home Owners’ Grant
The First Home Owners’ Grant is a Queensland Government initiative to help first home owners get their new first home sooner.
Depending on the date of your contract, you may be eligible to receive $15,000 towards buying or building a new house, unit or townhouse if it’s valued at less than $750,000.
Buy off the plan or choose to build yourself, this is a great opportunity to buy or build a new home for less.
For full terms and conditions or for more information regarding the grant including eligibility requirements please refer to the Queensland Government First Home Owners website.