A Wagga couple has become the latest to secure home ownership sooner through the Australian Government’s popular First Home Loan Deposit Scheme (FHLDS) which can help Australians to secure a home with as little as a 5 per cent deposit and no lenders mortgage insurance.
Defence Bank is right behind the Australian Government’s First Home Loan Deposit Scheme.
An initiative that supports eligible first home buyers purchase a home sooner.
The scheme provides a guarantee to allow eligible first home buyers to purchase a home with a deposit of as little as five (5) per cent. However, the scheme is supporting only a limited number of home loans. Applications with Defence Bank start 1 February 2020. First in, best addressed.
How does the scheme work with DHOAS?
The scheme applies to Defence Bank’s competitive range of existing home loan packages including the Defence Home Ownership Assistance Scheme (DHOAS).