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First-home buyer deposit scheme: what is it and how will it work?

SBS Filipino

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First home buyer deposit scheme

Prime Minister Scott Morrison promised first home buyers would only need to put down 5 per cent deposit Source: Getty Images

First home buyers are set to get help from the government with the proposed first home loan deposit scheme. We asked Maria Papa, mortgage broker and manager of Maverick Finance to discuss what first home buyers need to know about the new deposit scheme.

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By Louie Tolentino

Source: SBS

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First home buyers are set to get help from the government with the proposed first home loan deposit scheme. We asked Maria Papa, mortgage broker and manager of Maverick Finance to discuss what first home buyers need to know about the new deposit scheme.

 

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