First Home Owners

Featured First Home Owners Question:

First Home Owner Grant criteria
If two people are applying for a home loan together, and one partner already has a property, claiming the first home owner’s grant may not be possible, even if your finances are kept separate. continue >>


Recent First Home Owners Questions:

Occupancy rules for the FHOG
How long must I live in the property to claim the FHOG? continue >>


What is the First Home Savings Account?
Contribute at least $1,000 per year for four years, and the government will contribute 17 cents for every dollar saved continue >>


Can I apply for the First Home Owners Grant if I have previously owned a property which was then sold?
Got questions about the first home owner grant? continue >>


If I buy a house with the first home owner’s grant, do I have to live there?
You (or at least one applicant) must occupy the home as your/their principal place of residence for a continuous period of at least 6 months… continue >>


Who can get the first home owners grant?
To be eligible to receive the grant, the following criteria must be satisfied: continue >>


What is the first home owners grant?
The First Home Owner Grant (the grant) scheme was established to encourage and assist home ownership and to offset the effect of the GST on home ownership. continue >>


What is the first home savings account? How does the FHSA work?
First Home Saver accounts are a new type of investment account designed to help Australians boost their savings for a deposit on their first home. continue >>


How do I get a first time mortgage?
The conditions for approval of a mortgage to a first time borrower are basically the same as for any other borrower, namely repayment ability, equity, credit history and stability. continue >>