WA Building Bonus Scheme
The WA Govt announced a $125 million package for the WA construction sector in June 2020. This scheme provides a $20,000 grant for those looking to build or buy a new home. The $20,000 grant announced by the WA government…
Category Latest news
Great Australian Dream reignited with announcement of Federal Government Grant
Earlier this month the Australian federal government announced a huge $688 million home builder package aimed at stimulating the construction and real estate sector. Whilst COVID-19 has resulted in a raft of social and economic issues for Australia, this package…
Interest only loans for first home buyers
Recently many first home buyers have inquired about buying their first home through an interest-only loan due to cash flow issues. It is definitely possible but it does come with some risks. Interest-only loans are a type of home loan…
Personal loans or credit cards? What to pay off first
Many of FHBA’s first home buyer clients have some form of credit card or personal/car loan debt. One of the most frequently asked questions is which type of debt should be paid off first. WHAT IS THE DIFFERENCE? Credit cards…
New home or established home? What should I buy?
Deciding whether to buy a new or established home is one of the toughest decisions a first home buyer has to make when they are in the process of searching for their first home. WHAT IS THE DIFFERENCE? An “established”…
I have a new job, Can I get a home loan?
There is a widely accepted myth in the world of home loans that you need to be employed for a certain number of months or years before you qualify your first home loan. However, below we bust these myths with…
First Home Loan 5% Deposit Scheme Explained
In May 2019, the Morrison Government announced the first home loan deposit scheme to be administered by the NHFIC, 10,000 first home buyers will be able to take advantage of the scheme from 01 Feb 2020. Click here to get…
Current Loan Specials: Rates drop below 3% for first home buyers
How low can interest rates really go in Australia? Since the RBA October 2019’s rate cut to a new record low of 0.75%, first home buyers can now find more home loans with advertised rates below 3% on a variable…
Compare current first home buyer loan interest rates & features!
Buying your first home can be exciting but also overwhelming for first home buyers – after all, it is probably the biggest buying decision you will be making in your life, thus far. This is where FHBA comes in! We…
First home incentives extended for Tasmanian first home buyers
The Hodgman Liberal Government has continued to show its strong support for the building and construction industry, by encouraging more dwelling construction so more Tasmanians can be in a position to own their own home. The Government has delivered continued…