The First Home Loan Deposit Scheme provides support for first home buyers. It is an Australian Government initiative to help First Home buyers purchase a home sooner.
This is in addition to the First Home Owners Grant and Exemption of Stamp Duty already on offer.
Under the Scheme, the government guarantees part of your home loan. This helps first home buyers purchase a home with a deposit of as little as 2 per cent (lender’s criteria apply).
Scheme places
New FHLDS places are available from 1 July 2021. Lenders are accepting Pre-approval applications for First Home Loan Deposit Scheme loans from July 1st 2021.
If you -or someone you know- is a first home buyer and you think they may be eligible, register below for our webinar.
