First Home Buyer Assistance withdrawn by SA Government.
The State Government’s First Home Owner Grant for established homes ended on June 30 2014, but there are alternatives to help First Home Buyers.
If you are keen to get into your own home, you could move back in with your parents while you save for the deposit,
or
you could ask your Zobel Loan Consultant for information about a Family Guarantee.
There are many lenders that offer such a package and as the name suggests it allows a family member such as parents to use the equity in their home as security for your new home.
There are strict terms and conditions that apply to Family Guarantees but Zobel are the experts when it comes to loan packages and we have access to a large range of lender products.
A grant of up to $15,000 towards construction of a new home or off-the-plan apartment is still available and is set to continue.
Call us at Zobel today to discuss your options to get you into your first home sooner.