Financing your new home
Saving your deposit
Many Australians dreaming of their own home are still renting because it can take years to save a deposit. The Federal Government’s First Home Loan Deposit Scheme (FHLDS), first launched in January 2020, means each year 10,000 Australian families will be able to buy a first home.
More places for the FHLDS were released in July 2021. To find out if you’re eligible for this scheme, contact Simonds today.
Whether you’ve chosen your Simonds home design, one of our home and land packages or are still doing research, you can apply for a home loan pre-approval at any time. A pre-approval is when a bank or lender gives you the green light to build your home, under the agreement that they will lend you a certain amount of money. That means you'll be able to confidently browse homes within your budget.
First Home Owner Grant
The First Home Owner Grant is a national scheme funded by the government to help offset the effect of GST on home ownership. You can find out more about the first home owners grant here.