Guide for First Home Owners & Regional buyers
FHOG Entitlements - from 1/7/2010 - 30/6/2011
VIC NSW QLD
Established Properties*
New Construction (Metropolitan)*
New Construction (Regional)*
$7,000
$20,000
$26,500
$7,000
$7,000 (+ duty concession)
$7,000 (+ duty concession)
$7,000
$7,000 (+ duty concession)
$11,000 (+ duty concession)
*to be eligible for FHOG, property purchase < $750,000 - other state specific conditions apply - email us for details
90% Non-Genuine Savings available (“NGS”)*
“This means use your FHOG and any other gift you received towards your deposit without the need to show you have saved up the deposit - Get in to your home quicker! “
We will even arrange for the Lenders Mortgage Insurance (“LMI”) to be paid by the Lender^
“Why pay for expensive LMI when we can get this paid by the lender. Use your hard earned cash & FHOG towards reducing your mortgage instead of paying LMI fees. This is not just for first home owners, but for anyone looking to purchase!”
* Conditions apply - LMI can be capitalized
^ LMI specials applies to loans for up to:
90% LVR for loans < $300K (first homer buyers) & $290K (for non-first home owners)
85% LVR for loans <$413K (first home owners) & $300K (for non-first home owners)
LMI premium up to $4,380 is paid by the lender - Not available for vacant land or construction
