There are just 10,000 spots for first home buyers purchasing new homes on the First Home Loan Deposit Scheme (FHLDS), which is part of the 2020-21 Federal Budget. There are 10,000 places for first home buyers purchasing new homes on the First Home Loan Deposit Scheme (FHLDS), which is part of the 2020-21 Federal Budget1. Since the popular scheme has just 10,000 spots nationally, first home buyers need to apply quickly before all the places fill up. Since the popular scheme has just 10,000 spots nationally, first home buyers need to apply quickly before all the places fill up6. PRE-APPROVE LOANSLoan pre-approval provides valuable information to buyers about how much they can borrow with a five per cent deposit.

Source: Daily Mail October 12, 2020 01:04 UTC