🌟 A Truly Rewarding Day! 🌟
We’re thrilled to share a wonderful success story — today, we helped a client re-enter the housing market after more than 10 years!
Using the First Home Buyer Scheme (previously the Regional Buyer Scheme), we made sure she could take advantage of the program and secure her new home with just a 5% deposit.
Here’s how we made it happen:
🏡 We researched the scheme’s terms thoroughly to ensure eligibility even though she’d owned a property previously.
💰 We structured her funding so she had enough capital for the 5% deposit plus the additional fees and stamp duty in Victoria (as she wasn’t eligible for a discount).
💬 We kept her informed at every stage — clarity builds confidence!
We did face a curveball — the purchased property was tenanted until January 2026. With a 30-day settlement and favourable terms for the vendor, our client will meet the 6-month HGS occupancy requirement, avoiding Lenders Mortgage Insurance and securing a competitive 5.39% rate with a 95% loan, as the Australian Government guarantees 15% of her Mortgage.
✨ It’s a fantastic outcome — and no surprise that she left us a 5-star Google review!
At Best Foot Forward Mortgage Solutions, we love helping clients turn challenges into success stories and make their property dreams a reality.
The information contained is general information only and does not consider your objectives, financial situation and needs. Please talk to us if you need a fast-tracked home loan, and we can help you find a lender that has the processes in place to process the application quickly. We strongly recommend that you do not act on any information provided on this website without individual advice from your trusted advisor. You should also obtain a copy of and consider the Product Disclosure Statement for all financial products before making any decision.
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