First Home Buyer
Buying your first home is one of the most exciting investments you will ever make. It's also one of the biggest, so it can be difficult to know where to start. Mortgage Avenue can make your application a simple and easy process from start to finish.
First Home Owners Grant
The federal government introduced the First Home Owner Grant in 2000 to facilitate buying or building first homes. The grant is not means-tested and consists of a one-off, tax-free payment of $7,000. Find out if you are eligible for the First Home Owner Grant.
We have put together a 10-step guide to home ownership to help you through the process, from finding a property to arranging a home loan, to getting ready to move!
If you are buying your first home, you may be eligible for the First Home Owner Grant of $7,000. This grant is paid regardless of your income or the value of your home, although you must intend to live in the property yourself.
Eligibility questions:
- Will this be the first time you and/or your spouse/de facto has received a grant in relation to purchasing a home under the First Home Owners' Grant 2000 in any state or territory in Australia?
- Will this be the first time you or your spouse/de facto have ever owned a home anywhere in Australia?
- Will you or your spouse/de facto be applying for the grant as a natural person? (that is, not a company or trust)
- Are you and/or your spouse/de facto a permanent resident or citizen of Australia?
- Will you and/or your spouse/de facto be occupying the established home as your principal place of residence within 12 months of either the date of settlement or completion of construction?
- Is the home a fixed dwelling that meets local planning standards?
If you have answered 'yes' to all these questions then you can apply for the First Home Owner Grant through Mortgage Avenue when you apply for a loan.
Please visit www.firsthome.gov.au to obtain a copy of the relevant application form for your State or Territory and for further details of the grant's conditions. If your application is successful, the grant will be paid to you at settlement.
Call Mortgage Avenue today
We take the time to help you understand the different interest rates, fees and charges, and terms and conditions available. Call us today on 1300 885 008 to arrange an obligation-free appointment.
Helping you with Home Loans
There are some great deals right now due to strong lender competition that could save you thousands and some are negotiated at special rates available through Mortgage Avenue.
Contact Mortgage Avenue to make an appointment by calling us on
1300 885 008.
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