#FHLDS is the buzz
The First Home Loan Deposit Scheme is due to come into effect in January 2020.
Access to the scheme will be limited to 10,000 first home buyers with a 5% deposit. Use of the scheme will also be limited to properties in certain regions, which are yet to be defined.
How will you save? Federal will essentially assist with your deposit and savings by you not paying Lender Mortgage Insurance (LMI)
What is LMI? This is the insurance you have to pay if you do not have 20% or more deposit.
What next? We will assist you in getting ready for 2020 and buying your first home
Start planning today!
Experience has taught us that an appointment is the still the best action. In the faceless world of today, you want to be able to know who you are entrusting with the biggest decision your life. BOOK TODAY! Because you need to start preparing for your new home.
Disclaimer: this is for general advice only and all information is general in nature.
We advise doing your own due diligence of the facts and details once they become available.