First home buyers have BIG opportunities!

First home buyers have BIG opportunities!

What is the First Home Buyers Grant?

The First Home Owners Grant is a one off, tax free Federal Government payment which is available to most people buying their first home. 

This Grant helps you get into the market for a home. Some state and territories have additional grants for first home buyers who purchase or build a home, especially in regional areas.

         

Are you eligible for the First Home Buyers Grant?

• A requirement is to be an Australian citizen or permanent resident.
• Have never received the grant or owned residential property.
• The property you buy must be a recognised house, unit or flat specifically designed for people to live in.
• You or your partner must not have brought a property in Australia before.
• Will live in the residence for the minimum time determined by your state or territory (the grant is not available on investment properties)
• You must apply for the First Home Buyers Grant within 12 months of settlement or building completion.

            You can check your eligibility by calling Credit Star Broker on 0431515916

                        Can you use the First Home Buyers Grant as a deposit?

Yes, you can, some lenders will let you use the Grant as a home deposit, however some conditions apply it is best to talk with your Credit Star Broker, we can give you the best possible information.

How do you apply for the First Home Buyers Grant?

That’s where we come in at Credit Star, we help all our customers and have the paperwork all ready to go, we do these types of loans all the time so we can make it an easy process!

We can assist you free of charge in helping you apply for the First Home Buyers Grant. 

Call Your Credit Star Broker on 0431515916