Nunga Loan
Are you an Indigenous South Australian and want to know more about buying a home of your own?
HomeStart may be able to assist with our Nunga Loan.
Like all of our loans, the Nunga Loan was devised to make owning a home affordable and accessible.
What benefits does the Nunga Loan offer?
The Nunga Loan has been specifically designed to incorporate the benefits of a HomeStart Home Loan, but with added extras to make it suited to our Indigenous customers.
To make your home loan as affordable as possible, HomeStart has included the following benefits:
- Reduced deposit requirements, with loans of up to 97% of the property value or purchase price, whichever is less (depending on where you want to buy).
- The opportunity to use a buyer’s agent to negotiate a fair price for your property, if you’re buying in a metropolitan area.
- If you are an Aboriginal Housing tenant, you may even have the chance to purchase the house that you currently live in
- Manageable loan repayments with our Repayment Safeguard
Am I eligible?
Please note that specific criteria do apply to the Nunga Loan. You will need to speak to a Nunga Loan Consultant to determine your eligibility.
We'll do everything that we can to help.
Tell me more
Terms, conditions and eligibility criteria apply. Fees and charges are payable.