I would like to share some exciting news with you … hot off the press. The State Government has announced a temporary boost for both first and subsequent home buyers!
Keystart, the State Government lending body, has increased their income limits for singles, couples and families on their popular low deposit home loan. This boost will provide more home buyers with access to low deposit finance and may help you realise the dream of home ownership sooner than you thought.
Lending criteria for low deposit home loans have undergone massive changes over the last week, meaning an estimated 11,000 Western Australians now qualify for a new home that didn’t less than a week ago.
If you are unfamiliar with Keystart lending, here’s a little background:
- Since 1989 Keystart has helped more than 100,000 West Australians who never thought they would be able to own a home, access home ownership
- Keystart loans offer deposits from as low as 2%, no genuine savings are required and if eligible, you can even use the First Home Owners Grant as your deposit
- No Lenders Mortgage Insurance required
- Loans can be facilitated for those who have bad credit history and no savings.
This low deposit boost is only for a limited time and with the Perth property market being the most affordable in some time, there has never been a better time to build your dream home.
To find out more please check your eligibility on the Keystart website.
Kind regardsRod Wright
Land Sales & Marketing Manager
0407 945 834