Our finance experts are yours for the taking.
Our panel of finance experts provide you with a wide range of lenders and competitive home loans that suit your needs and future property investment. Our finance experts work alongside us, meaning that we do the heavy lifting and running around to provide you with the perfect options to help you make the right decisions when it comes to your new home.
As well as advocating for your needs when negotiating with lenders and unlocking government incentives we also provide you access to low deposit home loan options. We’ll always tell you what you need to hear not just what you want to hear, and all we ask is that you're transparent with us.
To learn more about what our experts can do for you, see if you qualify.
FAMILY HOME GUARANTEE LOAN
This initiative allows single parents to secure a home loan with a deposit as low as 2%, subject to meeting the ability to repay the loan.
It does not require applicants to demonstrate genuine savings and there is no need to pay Lenders Mortgage Insurance (LMI), potentially saving up to $15,000 in costs. Eligible applicants may also be exempt from paying stamp duty.
FIRST HOME BUYER GUARANTEE
This is part of the Home Guarantee Scheme, an Australian Government initiative to support eligible first home buyers purchase their first home sooner.
The scheme allows first home buyers with less than a 20% deposit purchase a property and avoid paying lenders mortgage insurance (LMI). It enables clients to complete the transaction with as little as a 5% deposit.
BANK HOME LOANS
Going direct to the big banks is a great option for first homebuyers with a deposit starting from 5%.
We will advocate for you to negotiate competitive loan terms that meet your needs.
The right loan for you.
At Quit Renting, we understand that securing the right loan is crucial for your homeownership journey. That's why we invest time in getting to know you on a personal level. By gaining an understanding of your individual circumstances, we can secure a loan that not only caters to your current financial requirements but also aligns with your long-term life objectives.
When it comes to home loans, our finance team offer a range of options specifically tailored for renters. Consider these options as a starting point on your path to homeownership. Rest assured, we will act as your advocate, working diligently to identify the loan that best suits your individual situation. Our experienced team will negotiate on your behalf to secure the best deal possible, ensuring that you have the financial support you need to achieve your dreams of owning a home.
Money worries? Let us help.
DEBT ASSIST:
We can help cover your debts - up to a certain amount obviously - to help you get in control and to qualify for a home loan.
DEPOSIT ASSIST:
We can help build up your deposit so you can get into your own home. If you’re making regular rent payments, there’s a good chance you’re eligible.
RENT ASSIST:
We can help pay your rent while your new home is being built.
First Home Owners Grant
What you need to know:
To help first home buyers get onto the property ladder the Australian government introduced a very generous grant known as the First Home Owners Grant (or FHOG for short). These grants are great, as they can often be used towards your first home deposit which can often be hard to save for.
If you’re interested in accessing the FHOG then there are a couple of things to keep in mind to ensure you’re eligible. As the buyer you’ll need to be:
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At least 18 years of age
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An Australian citizen or permanent resident (or be applying with someone who is)
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A first home buyer (You or your spouse cannot have previously owned property in Australia)
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The value of the new home you’re purchasing is under $750,000 in majority of the states
Available grants per state:
Queensland: $15,000
New South Wales: $10,000
Victoria: $10,000
Western Australia: $10,000
South Australia: $15,000