First Home Loan Deposit Scheme (FHLDS)

Supporting first home buyers : ↓

The First Home Loan Deposit Scheme is an initiative of the Australian government to facilitate the purchase of a home by qualifying first home buyers.

It does this by offering a guarantee that allows qualifying first-time home buyers on middle and lower income to buy a home with such a deposit of as little as 5%.

Starting 1 January 2020, the Program will fund up to 10,000 loans every financial year.

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