First Home Loan Deposit Scheme.

First Home Buyer Scheme

The Australian Government is introducing a First Home Loan Deposit Scheme (FHLDS) to support eligible first home buyers purchase their first home sooner, so that’s pretty exciting news!

The Scheme will kick off 1 January 2020 and will support up to 10,000 first home loan guarantees each financial year.

If you’re a first home buyer and would like to learn more about the FHLDS and how eligible borrowers can use this guarantee in conjunction with other government programs McDonald Jones are here to help, and to help get you into your new home sooner.

Our in-house MyChoice Home Loans finance team has exclusive access to the First Home Loan Deposit Scheme.

So talk to a McDonald Jones Building and Design Consultant today to find out more about the new scheme and the type of eligible homes and packages that we offer.

Now your first home could really be a new home. House & Land packages and land with a separate contract to build a new home, are now being recognised as eligible properties.

Find out more on how in 2020 you could be building a new future and a new home! To see if you’re eligible for the scheme, click on the fact sheet below, or if you can’t wait to get started talk to one of the experts from MyChoice Home Loans to help.

MyChoice Home Loans Pty Ltd Authorised Credit Representative Number 485273 of Mortgageport Management Pty Ltd Australian Credit Licence 386360 ABN 13 610 250 578 ACN 610 250 578