For First Home Owners *

• No Lenders Mortgage Insurance (save $12,000 on average)

• No Savings

• No Deposit

• Minor credit default

• Standard bank rates

• 98% of the purchase price

For First Home Buyers we can now offer clients a 98% home loan where the client does not have to show the standard 3% Genuine Savings AND they do not even have to pay any Mortgage Insurance, a saving of $3500.00 on a home purchase of $300,000.00. Add to that the fact they do not have to pay the Government Stamp Duty, it is a great way of getting into their first home !! 

Have a look at this example: 

                   Clients wish to purchase their 1^st home for            $300,000
                   We will fund them 98% of the purchase  less           $294,000  
                   Plus the First Home Owners Grant         add          $   7,000
                   The balance can go towards costs                       $   1,000                                               

 It’s the best way we know of getting into your first home

* Conditions apply - subject to change