Important information

Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
  • At present we are only prepared to discuss financial products for consumers with customers we are able to personally meet with on a face to face basis.
  • No information or content contained on this site should be relied on as being current.
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First Home Buyer

First Home Owners Grant NSW Information

Submitted by administrator on Mon, 12/10/2009 - 7:26pm

First Home Benefits

If you are buying or building your first home, you may be eligible for benefits under the First Home Owner Grant Scheme, NSW First Home Buyers Supplement, Australian Government First Home Owner Boost and the First Home Plus Scheme.

The Schemes were established to assist eligible first home owners by offering a total benefit of up to $41,990.

The First Home Owner Grant Scheme and the NSW First Home Buyers Supplement are fully funded by the NSW Government and together with the Boost are administered by the Office of State Revenue. Click to Read more..

First Home Buyer Information

Submitted by administrator on Mon, 12/10/2009 - 7:10pm

The First Home Owner Grant (FHOG) scheme was introduced on 1 July 2000 to offset the effect of the GST on home ownership. It is a national scheme funded by the states and territories and administered under their own legislation.

Under the scheme, a one-off grant of up to $7000 is payable to first home owners that satisfy all the eligibility criteria. Click to Read more..

No Deposit Home Loan

Submitted by administrator on Sun, 11/01/2009 - 7:17pm

No Deposit Home Loan

No deposit home loans are still available and first home buyers, re-purchasers and even investors may be able to access these types of home loans.

Ability Finance can help you compare, choose and apply for a no deposit home loan.

So what is still available?

Maximum of 95% at present and in most cases 90% or less.

Presently up to 100% of the purchase price or up to 110 percent with a security guarantor. Click to Read more..

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