Author: Maria

1
Jun

2021

How my first home buyer clients bought a house with just a 5% deposit using the FHLDS, FHOG, FHBAS and Home Builder’s Grant

This was one of the most satisfying loan applications I have managed in my time as a mortgage broker. The couple came to me with savings of $20,000 at the height of COVID-19. They were in their late 40’s and both had a few ongoing liabilities: they had a car loan with a $1100 monthly […]

30
May

2021

How to buy your first home with just a 5% deposit?

With the soaring prices of homes in Australia, it seems that buying your first home sounds like an impossible dream. Yes, it can be tough to get a foot on the property ladder, but first home buyers should not give up. The secret is to take the first step of saving the 5% deposit. Here’s […]

30
May

2021

First Home Buyer Support – State by State Guide

If you haven’t yet taken the plunge into the property market, now may be your time. You may think saving for a deposit is tough, but many also see stamp duty as a major hurdle to home ownership – but there are a number of support schemes available at present. The states and territories also […]

21
May

2021

The schemes and grants available to help first home buyers

Buying your first home is an exciting time! As your broker, I am here to help you every step of the way. Did you know that the Australian Government has two new initiatives that support first home buyers? These are the First Home Loan Deposit Scheme (FHLDS) and the First Home Super Saver (FHSS) scheme. […]

21
May

2021

The First Home Loan Deposit Scheme – How it works?

The First Home Loan Deposit Scheme aims to help up to 10,000 eligible first home buyers on low and middle incomes to get into the property market sooner by requiring only a 5% deposit.  The government has agreed to guarantee the difference between the borrower’s 5% deposit and the standard 20% deposit required to take […]

21
May

2021

Why first home buyers are the winners from the latest Federal Budget?

With soaring property prices, Australia is one of the most expensive countries to live in and own a home. A combination of record-low interest rates, low supply of homes being sold and the first home buyers’ fear of missing out are all fuelling the demand and the rise in the price of homes. The biggest […]

20
May

2021

Understanding The First Home Super Saver Scheme

The Australian Government has introduced the First Home Super Saver (FHSS) scheme to help Australian save for their first home.  From the 1st of July 2017, you can make voluntary concessional (before tax) and non-concessional (after tax) contributions into your super fund to save for your first home. How can you participate in the First […]

20
May

2021

About The First Home Super Saver Scheme

The Australian Government has introduced the First Home Super Saver (FHSS) scheme to help Australian save for their first home.  From the 1st of July 2017, you can make voluntary concessional (before tax) and non-concessional (after tax) contributions into your super fund to save for your first home. The contributions and the earnings as calculated […]

5
May

2021

Using the equity of your home

Using your equity to buy an investment property

Do you know that you can use the equity of your home as a deposit to buy a 2nd property without using your own cash? If you think property investment is something you’d like to explore, here are a few concepts you need to consider before deciding how to fund your investment property purchase. What […]

3
May

2021

the search for the dream home

The Search for Your Dream Home

Buying your first home or investment property can be an emotionally charged process just like planning for your next holiday. Getting caught up in the excitement and easily distracted by the more gripping things like fun activities and what bikini to pack all while forgetting the important basics like transport and accommodation.  Buying a home […]