Could You Get Home Buying Help?

When you are in the middle of trying to buy your new home, no matter what your situation you’ll probably find you have a lot on your plate.

There’s the whole journey of finding the right location and the right property at the right price.

Once you’ve done that, you will likely need to compete with other buyers to get your offer - or bid - accepted.

Meanwhile of course you will need to sort out your home loan finance, save a deposit and meet all the requirements set out by your lender.

This is when you should be conducting a detailed home loan comparison and considering all of your options.

At this point it is important that you remember to check out whether you qualify for government assistance for first home buyers.

The two main ways that you may benefit from this is through the first home owners grant and concessions on stamp duty.

There is eligibility criteria that you must fulfil and the maximum amount that you could receive will vary depending on what state you are buying in.

Nonetheless, you could find some significant home loan savings, so don’t forget to check out whether you could take advantage!

To get more detailed information on your situation, talk to a Loan Market mortgage broker today.