In this video, iChoice principal Jason talks about refinancing your home loan. Why do people refinance? To get the structure of their borrowing correct to make it more efficient. Increase the borrowing limit and unlocking residential equity (remember you only pay for borrowed money that you actually use and isn't in an offset account). The…Read more
Portfolio Tag: refinancing
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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