Calling First Home Buyers! The government may be able to pay up to a quarter of your mortgage....
I was curious to read today about HomeVic; the shared equity scheme to be introduced later in the month by the Victorian State Government to help First Home buyers break into specific growth and regional areas.
Targeting first home buyers in specific suburbs and income brackets, it could provide the helping hand many youngsters are looking for to break into the market.
While not available in Melbourne's leafy bayside suburbs, it does include suburbs such as Box Hill, Footscray, Frankston, Ringwood and Parkville and extend to so called regional areas including Geelong, Shepparton and Warrnabool.
Take a read of today's article in Domain and give me a call to discuss if you are interested!
Authorised Mortgage Consultant
The Edge Mortgages