{"id":7811,"date":"2023-07-26T11:20:20","date_gmt":"2023-07-26T00:20:20","guid":{"rendered":"https:\/\/www.kazconveyancing.com.au\/?page_id=7811"},"modified":"2023-07-27T11:29:35","modified_gmt":"2023-07-27T00:29:35","slug":"first-home-guarantee-scheme-fact-sheet","status":"publish","type":"page","link":"https:\/\/www.kazconveyancing.com.au\/first-home-guarantee-scheme-fact-sheet\/","title":{"rendered":"First Home Guarantee Scheme Fact Sheet"},"content":{"rendered":"\t\t
The First Home Guarantee Scheme is designed to help eligible first home buyers. It does this by making it possible for a buyer to purchase a home with a deposit as low as 5% without the need to pay for Lenders Mortgage Insurance. The government guarantees the value of the deposit with the lender.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
The First Home Guarantee Scheme enables eligible first home buyers to purchase a home with a deposit of as little as 5% (or 2% for single parent applicants). The NHFIC guarantees up to 15% of the value of the property that is financed by a participating lender for single or couple applicant and up to 18% of the value for single parent applicants.<\/p>
Eligible borrowers can also use the First Home Guarantee Scheme in conjunction with other government programs,<\/b> like the First Home Super Saver Scheme and each state and territories first homeowner grants and stamp duty concession schemes.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t First Home Guarantee Scheme Fact Sheet What is the First Home Guarantee Scheme? The First Home Guarantee Scheme is designed to help eligible first home buyers. It does this by making it possible for a buyer to purchase a home with a deposit as low as 5% without the need to pay for Lenders Mortgage […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"_genesis_hide_title":true,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"acf":[],"yoast_head":"\nEligibility Requirements:<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Both singles and couples can benefit from the scheme. From 1 July 2023, other people buying together, including siblings or friends, will be eligible.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\tOther Changes in 2023 to the scheme to note: <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n