BLOG

What is the First Home Loan Deposit Scheme?

The First Home Loan Deposit Scheme (FHLDS) is an Australian Government initiative to help you buy or build your first home sooner. We're proud to continue supporting this initiative.


If you’re eligible you’ll get a limited guarantee from the Australian Government to buy or build your first home with a low deposit of 5%, without paying Lenders Mortgage...


What costs are involved with buying a home?

Ask yourself one simple question, ‘How quickly do I want to get into my first home?’ This will not only determine how much you need to save but also how long it will take you.


The First Home Owners Grant (FHOG), opens in new window is a national scheme funded by the states and territories. It was established to offset the effect of GST on...


Lenders Mortgage Insurance

How Lenders Mortgage Insurance can help you get into your dream home faster.


If you’re finding it difficult to save a 20% home loan deposit, you might still be able to borrow by paying Lenders Mortgage Insurance. We’ll run through how LMI works and what it might mean for you.


The Lender will normally require LMI if you do not have the required home loan deposit (typically 20% of the property value) and the cost is usually passed...

Buying a House: The Upfront Costs

Outside the deposit, this’ll be your biggest upfront cost. Stamp duty varies greatly from state to territory to state and the rules (and exemptions) can seem complicated.


Check out the government websites of your state or territory. But be warned: the various schemes change almost yearly so you’ll need to check and double check.


As of October 2014, if you’re a...

Current Cashback Offer

Terms and conditions, credit criteria, fees and charges apply.


$2k to $4k Refinance Cashback available for new refinance applications. Offer may be varied or withdrawn at any time.


Limit of one cashback payment regardless of the number of applications, applicants, properties, or loans involved per 12-month period. For joint applications, only one cashback payment will be...

85% LVR with LMI waiver or $1 for First Home Buyer Offer

This offer is only available through St George and 86 400 Bank.


For eligible first home buyers with a Loan to Value Ratio (LVR7) up to 85%, the LMI will be reduced to only $1 with St George or NIL with 86 400.


This offer is not an LMI waiver and your clients will be charged $1.00 for LMI which will be reflected in their Loan Offer...

@ Copyright 2021. Powered by Portmigo Digital.

Australian Credit Licence Number 458791

ABN: 17 166 219 521