Home loan guarantee

AN additional 10,000 loan guarantees are available for first home buyers over the next 12 months through participating lenders as of today.

The First Home Loan Deposit scheme is a key election commitment of the Federal Government, which is cutting years off the time it takes for Australians to save for a deposit.

The scheme has so far provided 10,000 guarantees to eligible first home buyers to allow them to purchase a modest home with a deposit of as little as 5pc.

Leave a Reply