No Deposit Home Loan

The Australian Government has announced a First Home Owner Boost, which supplements the NSW Government funded First Home Owner Grant Scheme. According to the announcement from the Commonwealth:

First home buyers who purchase established homes will receive a boost of $7,000 that will double the grant to $14,000

First home buyers who build a new home or purchase a newly constructed home will receive an extra $14,000 to take their grant to $21,000.

The NSW First Home Plus Scheme provides generous exemptions or concessions on transfer duty for eligible first home buyers. This includes vacant land on which you intend to build your first home.

First Home Buyers are encouraged to contact Ability Finance brokers on 02 80024035 for information and help with choosing a suitable first home buyer home loan.

Ability Finance prefer to discuss all options we know are available for first home buyers to consider.

The attached sheet lists the top 20 postcodes in NSW that first home buyers purchased in between July 2000 and September 2008and received FHOG benefits.