First Home Loan Deposit Scheme

Applying for a home loan involves asking a bank for a mortgage, or funds to help you to buy a property. There are a number of ways that a hopeful home buyer can approach this financial...

The First Home Loan Deposit Scheme is a government initiative designed to help eligible Australian first home buyers with deposits as low as 5% to get a loan, without needing to pay for lenders mortgage insurance (LMI). →...

Has COVID-19 got you thinking about a tree or sea change? You're probably not alone. One of the property trends experts think we are likely to see as a result of COVID-19 is more and more...

A few weeks ago Treasurer Josh Frydenberg confirmed that Australia is in the midst of its first recession in 29 years. We may have not had the two consecutive quarters of declines in gross domestic product...

The bottom line is it will be negative - prices will go down. People, up until now, have been talking about the property market developing a bit of momentum, with the interest cuts we had last...

In its first month, 3,000 keen first-time home buyers were granted a coveted reserved spot on the Federal Government’s First Home Loan Deposit Scheme (FHLDS). The scheme, which began on 1 January, 2020, can help reduce...

The First Home Loan Deposit Scheme (FHLDS) is designed to help people with a deposit of as little as 5% buy their first house without paying Lender’s Mortgage Insurance. This could potentially save buyers thousands of...

The initiative is designed to help eligible Australian first home buyers with deposits as low as 5% to get a loan, without needing to pay for lenders’ mortgage insurance (LMI). But property research house CoreLogic has...

UPDATE: 2020 First Home Loan Deposit Scheme: lowest variable loan rate from each lender revealed MORE INFO: First Home Loan Deposit Scheme - how to apply The National Housing Finance and Investment Corporation (NHFIC) has released the...

How to save for a home deposit