First Home Buyers Australia

Buying a first home is exhilarating, but it's also financially intimidating. Luckily, the First Home Buyer Guarantee (FHBG) Scheme is an initiative by the Australian government to make owning a home within reach. We, at FHBA, provide a full guide on how you can access the government home buying schemes. This guide explains to you the key elements of the First Home Buyer Guarantee scheme and how it benefits you. What is the First Home Buyer Guarantee Scheme? The First Home Buyer Guarantee Scheme, commonly referred to as the First Home Government Scheme, assists first home buyers in purchasing a property with a lower deposit. It gives the opportunity for eligible first-time buyers to get a home loan with as low as 5% deposit without Lenders Mortgage Insurance payment. It can save a lot on the upfront costs that one pays while buying a home. Eligibility Criteria To qualify for the First Home Buyer Guarantee Scheme, you must meet the following criteria: Be an Australian citizen at the...