The Australian government's Home Guarantee Scheme supports eligible single parents or legal guardians in buying a home more swiftly.
A $20,000 Cash Boost for homebuyers in Australia is expected in 2024, though official details are not yet available.
Eligibility requirements for the $20,000 Cash Boost are based on rumours; check the official site for accurate details.
The First Home Guarantee (FHBG) allows eligible buyers to purchase a home with a down payment as low as 5%.
The FHBG offers 35,000 spots and is part of broader housing affordability initiatives.
Buyers typically need to pay mortgage insurance if their down payment is under 20%.
With FHBG, eligible buyers can avoid mortgage insurance with a 5% down payment, backed by up to 15% guarantee from NHFIC.
Visit the official website for comprehensive details on the $20,000 Cash Boost and First Home Guarantee.