In this short 3-minute video, iChoice Principle Jason Khoury talks about the Family Pledge (or Family Guarantee) product. Jason talks about how LMI (Lender Mortgage Insurance) is required when borrowing more than 80% of the value of a property. To navigate the process without the full 80%, and without having to pay LMI, Jason talks…Read more
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Do You Qualify for a First Home Buyers Grant?The First Home Owners Grant is a national scheme funded by the states and territories and administered under their own legislation. The grant is a one off tax free payment to first home buyers in Australia that satisfy the eligibility criteria.
To be eligible, you must be at least 18, you or other applicants may not be a company or trust, at least one of the applicants must be a permanent Australian resident, and you must occupy the residence for 6 months beginning in the first 12 months of settlement. Find out more