Thinking about jumping into the property market? Here are some tips from Home Loan Specialist and Franchise Principal of RAMS Craigieburn, Sandeep Singh.
New purchase rebates
Some lenders offer new purchase rebates. These aren’t strictly for new home buyers, but as long as you meet the minimum loan size you may be eligible.
As Sandeep explains “We offer different rebates at RAMS to help customers at different stages of their home ownership journey. These rebates can help you cover some of the costs of your new home. You just need to speak with us to see if you’re eligible”.
First Home Owner Grant
You may be eligible to receive a one-off grant from the Victorian government on your first home purchase.
Borrow up to 95 per cent
There are still great offers available to first home buyers, as Sandeep explains “With RAMS, you may be eligible to borrow up to 95 per cent and shear up to $5,000 off your Lenders’ Mortgage Insurance. It’s worth talking to us to find out if you qualify”.*
Partner with the right team
Every circumstance is different, so the best thing you can do is chat to a professional. You can also book in a time with Sandeep by calling 0413 613 243.
*T&CS, exclusions and credit criteria apply. New Owner Occupier loans only. P&I repayments.$250k min loan size.Loan-to-value ratio above 80 per cent and up to 95 per cent at time of approval.
