First Home Owners
Recent government policy changes have made the first
home owners market an exciting prospect for many. Not
only is the first home owners grant still available
but stamp duty has been abolished on a pro rata basis
for properties up to certain values in most states in
Australia. Never before has the cost of owning your first home been
so affordable form the point of view of cost of entry.
CDS staff will help you:
- Complete all documents related to your FHOG
- Find the loan that meets your financial situation
- Get into your fist home sooner
Many of us can afford the repayments associated with
owning a property, the challenge is in raising enough
money for the deposit and other costs associated with
the purchase. Even more daunting, what are the costs
involved and what deposit do I need?
The majority of major lenders such as the banks will
lend 95% of a properties value. Therefore you need a
5% deposit plus enough funds to cover associated costs.
Some lenders will even provide 100% loans where only
the costs need to be covered by the borrower.
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