People's Choice Credit Union could help first home buyers into their own homes sooner, with the First Home Loan Deposit Scheme (New Homes).
As part of the 2020-21 Federal Budget, the Australian Government has committed an additional 10,000 First Home Loan Deposit Scheme (FHLDS) places for the 2020-21 financial year, specifically for eligible first home buyers purchasing new homes.
Known as the FHLDS (New Homes), this is slightly different from the FHLDS, and includes a revised set of property price caps.
If you’re a first home buyer interested in applying for the FHLDS (New Homes), we’re currently accepting applications. You can register your interest below.
To be eligible, you need to check off the following criteria:
For a property to be eligible, it needs to be one of the following:
Limits apply to the maximum property purchase price for each state and region the property is located in. These have been revised for the FHLDS (New Homes).
Applications are subject to credit approval. Terms, conditions, fees, charges and lending criteria apply and are available upon application. Home loans are issued by People’s Choice Credit Union, a trading name of Australian Central Credit Union Ltd ABN 11 087 651 125 AFSL/Australian Credit Licence 244310. Contact us on 13 11 82 with any questions or visit your nearest branch to talk to a consultant.
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