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First home buyers
All you need to know about
buying a home
If you want to build or buy your first home, HomeStart can help get you started.
First Home Owner Grants
First home buyers can apply for up to $15,000 in grants. This includes:
- $7,000 Federal Government First Home Owner Grant
- $8,000 South Australian Government First Home Bonus Grant (if you are constructing or purchasing a new home).
We will help you apply for the grants, which can be put towards your deposit, fees and charges.
Find out if you are eligible.
Reduce upfront costs
Get started for less money upfront
We’ll get you started for less money upfront, which can help you get into a home of your own sooner, including an alternative to Lenders Mortgage Insurance (LMI) and no monthly account keeping fees.
Get started with as little as a 3% deposit
Deposits for the Graduate Loan and Low Deposit Loan start from 3% of the property value or purchase price, whichever is less.
These options, along with the First Home Owner Grants, can reduce what you need to pay upfront.
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