Federal government Home Guarantee Scheme for first home buyers

The First Home Guarantee is a Government incentive that allows first home buyers to purchase their first home with a deposit as low as 5%, without the need to pay Lenders' Mortgage Insurance (LMI). Mr Ravi Iyer who is a CPA Tax Accountant & Finance Broker explains first home guarantee scheme and it's recent changes announcement in budget. Program produced by Selvi.

Residential properties are seen in Melbourne (Inset) Mr Ravi Iyer

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