🏡 What is the Home Guarantee Scheme? 🏡
At Sunny Finance, we want to help you achieve your dream of owning a home sooner! The Home Guarantee Scheme (HGS) is designed to support Australians in purchasing property with a low deposit, with the government acting as the guarantor.
Here’s how you can benefit from the HGS and get closer to owning your own home:
✅ Check Your Eligibility:
There are three options under the HGS:
– First Home Guarantee – for first-time buyers.
– Regional First Home Buyer Guarantee – for first-time buyers in regional areas.
– Family Home Guarantee – for single parents.
Each has specific income and property price limits, so be sure to review the criteria.
📝 Get Your Documents Ready:
Have proof of identity, residency, and financial information prepared—just like you would for a regular home loan.
💰 Prepare Your Deposit:
– First Home & Regional First Home Guarantees: Only 5% deposit needed.
– Family Home Guarantee: As little as 2% deposit!
The government guarantees the rest, so you can avoid paying Lenders Mortgage Insurance (LMI).
🤝 Contact a Participating Lender:
Sunny Finance can help you compare lenders and find the right one to meet your needs.
🏠 Buy Your Home!
With your approval in place, you’ll be ready to confidently take the next step and buy your property.
The Home Guarantee Scheme might be your key to owning a home sooner. Get in touch with Sunny Finance today and let’s make your homeownership dream a reality! ☀️
Please follow and like us:
How to apply for a home guarantee scheme?