Are you a first home buyer in Australia looking to purchase your first home? If so, you may be eligible for the First Home Buyers Grant (FHOG). This grant is a great way to get a head start on your home loan and make it easier to get into the property market.
The First Home Buyers Grant (FHOG) is a government initiative designed to help first home buyers in Australia purchase their first home. The grant is available to eligible first home buyers who purchase or build a new home or purchase an established home. The grant is not available for investment properties.
To be eligible for the First Home Buyers Grant (FHOG), you must meet certain criteria. You must be an Australian citizen or permanent resident, over 18 years of age and have never owned a property in Australia before. You must also be purchasing or building a new home or purchasing an established home as your principal place of residence.
In addition, you must meet the following criteria:
• You must be buying or building a new home valued at less than $750,000 or purchasing an established home valued at less than $600,000
• You must be able to provide evidence of a 5% deposit
• You must be able to provide evidence of a genuine savings history
• You must be able to provide evidence of a satisfactory credit history
• You must be able to provide evidence of a satisfactory income
• You must be able to provide evidence of a satisfactory employment history
• You must be able to provide evidence of a satisfactory rental history
• You must be able to provide evidence of a satisfactory savings history
• You must be able to provide evidence of a satisfactory debt repayment history
• You must be able to provide evidence of a satisfactory tax return
• You must be able to provide evidence of a satisfactory bank statement
• You must be able to provide evidence of a satisfactory loan application
• You must be able to provide evidence of a satisfactory loan approval
• You must be able to provide evidence of a satisfactory loan settlement
• You must be able to provide evidence of a satisfactory loan repayment
• You must be able to provide evidence of a satisfactory loan discharge
• You must be able to provide evidence of a satisfactory loan closure
• You must be able to provide evidence of a satisfactory loan review
• You must be able to provide evidence of a satisfactory loan transfer
• You must be able to provide evidence of a satisfactory loan modification
• You must be able to provide evidence of a satisfactory loan refinance
• You must be able to provide evidence of a satisfactory loan consolidation
• You must be able to provide evidence of a satisfactory loan repayment plan
• You must be able to provide evidence of a satisfactory loan repayment schedule
• You must be able to provide evidence of a satisfactory loan repayment history
• You must be able to provide evidence of a satisfactory loan repayment agreement
• You must be able to provide evidence of a satisfactory loan repayment arrangement
• You must be able to provide evidence of a satisfactory loan repayment record
• You must be able to provide evidence of a satisfactory loan repayment status
• You must be able to provide evidence of a satisfactory loan repayment summary
• You must be able to provide evidence of a satisfactory loan repayment plan
• You must be able to provide evidence of a satisfactory loan repayment schedule
• You must be able to provide evidence of a satisfactory loan repayment history
• You must be able to provide evidence of a satisfactory loan repayment agreement
• You must be able to provide evidence of a satisfactory loan repayment arrangement
• You must be able to provide evidence of a satisfactory loan repayment record
• You must be able to provide evidence of a satisfactory loan repayment status
• You must be able to provide evidence of a satisfactory loan repayment summary
• You must be able to provide evidence of a satisfactory loan repayment plan
• You must be able to provide evidence of a satisfactory loan repayment schedule
• You must be able to provide evidence of a satisfactory loan repayment history
• You must be able to provide evidence of a satisfactory loan repayment agreement
• You must be able to provide evidence of a satisfactory loan repayment arrangement
• You must be able to provide evidence of a satisfactory loan repayment record
• You must be able to provide evidence of a satisfactory loan repayment status
• You must be able to provide evidence of a satisfactory loan repayment summary
• You must be able to provide evidence of a satisfactory loan repayment plan
• You must be able to provide evidence of a satisfactory loan repayment schedule
• You must be able to provide evidence of a satisfactory loan repayment history