Great news for First Home buyers!
Prime Minister Scott Morrison said the Government’s Home Guarantee Scheme would reissue up to 4,651 unused guarantees for first home buyers from the 2020-21 financial year. This will enable first home buyers and single parent families get into their ow home sooner with a deposit of as little as 5% or 2% respectively. The scheme will mean the client will save thousands of dollars in mortgage insurance. The scheme has had a great take up in the past with many of clients using the scheme to enter property market.
There is certain requirements applicants must meet in order to apply, for more information on how you may be able access this scheme contact CLS!