Am I eligible for any grants or concessions?
The First Home Owners Grant (FHOG) is a great way to add to your home loan deposit and get you a leg up on paying off your home sooner. However not everyone is eligible for the FHOG and even if you're buying a property for the first time you may not receive it, unless you get the proper guidance.
The First Home Owner Grant (FHOG) scheme was introduced to offset the effect of the GST on home ownership. Today, each state operates and hands out their own type of First Home Owners grant and stamp duty concessions.
A Loan Market mortgage broker can tell you:
- what grants you are currently eligible for
- when or if any grants will soon be ending
- if any new grants are coming up