Did you know the federal government has expanded its Home Guarantee Scheme eligibility from July 1st?
Some key changes are that permanent residents are now eligible to apply for the First Home Guarantee, the Regional First Home Buyer Guarantee & the Family Home Guarantee.
First Home and Regional First Home Buyer Guarantees can now include joint applications from friends, siblings & other family members, and include applications from non-first home buyers who haven't owned a property in 10 years.
Family Home Guarantee - We’ll be able to assist eligible legal guardians under the expanded eligibility criteria. This means single legal guardians will be able to apply under the Family Home Guarantee ensuring they have an eligible dependent under their care.Aunts, uncles, or grandparents are some examples.
If you're a first home buyer find out how this can help you.
For more information give Mark a call on +61 403 676 930 or email Mark@bribieislandlending.com.au
We are based on the beautiful Queensland coast, between the Sunshine Coast & Brisbane and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
*This article is general information only and does not constitute financial advice. Your personal circumstances will need to be assessed before any product or proposal is recommended. Mark Hind is an Authorised Credit Representative (ACR 519951) of Outsource Finance Pty Ltd, Australian Credit Licence 384324.
You've seen the ads a big, bold interest rate that looks incredibly competitive. But there's another number sitting quietly beside it that tells a very different story.
The RBA has lifted the cash rate to 4.35%, and most lenders are expected to pass it on. If you've got a mortgage in the Moreton Bay region, your repayments are likely going up.
When the Reserve Bank of Australia raises the cash rate, it can directly affect home loan interest rates and mortgage repayments.
Whether you're just starting to explore your options or ready to move Mark and the team are here to help. Get in touch for a no-obligation chat and find out what's possible for your situation.
