It’s a great time for home buyers. With the property market the way it is, you can pick up a great value piece of land at a price that would have previously only been possible if you had a time machine. On top of that, the State Government has made an announcement that will assist a lot of people in getting the loan they need.
The government is making their Keystart initiative’s low-deposit home loans available to more people by increasing the income limit by $15,000 (singles and couples) and $20,000 (families). It’s a move that’s set to make the dream of home-ownership possible to 11,000 WA households.
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Best of all, Keystart doesn’t require costly Lenders’ Mortgage Insurance and the deposit is as little as 2% which means you don’t have to worry about totally wiping out your savings.
You need to be quick: this is a limited-time opportunity.
This increased income limit will only be available for six months and on January 1, 2020, it will revert back to normal. So if you’ve been putting off getting into a new home because you thought it wasn’t the right time, it’s time to reconsider and get GO-ing. See if you qualify for Keystart assistance today.
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