It seems a simple question to answer but believe it or not, the answer is quite complicated as deposit amounts will vary based on property prices in location, eligible grants, and your individual circumstances.
We’ve helped first home buyers to enter the property market with savings from as low as $10,000. Getting a loan from any bank means that you will need a deposit; we help to determine how much. Typically, a bank will take into account 3 major areas when assessing you for approval:
Your personal circumstances
The block of land you are purchasing
The house you intend to build on your block of land
We assist by first determining your eligibility to access multiple grants depending on your income band, genuine savings, citizenship/permanent resident status, marital and/or parental status, rental history and much more. With our support, we review and qualify your access to multiple grants including:
1. First Home Owners Grant
2. First Home Loan Deposit Scheme
3. Stamp Duty Relief and Exemptions
4. First Home Guarantee
5. First Home Owner Super Saver Scheme and much more.
We’ve helped first home buyers to enter the property market with savings from as low as $10,000.Getting a loan from any bank means that you will need a deposit; we help to determine how much. Typically, a bank will take into account 3 major areas when assessing you for approval:
1. Your personal circumstances
2. The block of land you are purchasing
3. The house you intend to build on your block of land
Empowering Your First Home Buying Journey with Essential Tools and Guides
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