First Home Buyers
First Home Buyers
At Silverstone Financial Services, we specialize in guiding first home buyers through their journey to homeownership. Our specialist team is dedicated to providing tailored financial solutions, ensuring you find the best options to suit your needs.
Below are the key services we offer for first home buyers:
1. Home Guarantee Scheme
- Overview: The Home Guarantee Scheme assists eligible first home buyers in securing a loan with a deposit as low as 5% or even lower in some cases, helping you enter the property market sooner.
- Key Features:
- Government-backed scheme, reducing the need for a larger deposit.
- Available for both new and existing homes.
- Supports a variety of loan products.
2. Low Deposit Home Loans
- Overview: Our Low Deposit Home Loans enable home buyers to secure financing with a minimum deposit, making it easier to purchase your dream home.
- Key Features:
- Competitive interest rates.
- Flexible terms and conditions.
- Options for lenders mortgage insurance (LMI) coverage to minimize upfront costs.
3. Family Guarantee Home Loans
- Overview: The Family Guarantee Home Loan allows family members to use their home equity to support your mortgage application, enhancing your borrowing power.
- Key Features:
- Enables you to avoid lenders mortgage insurance.
- Provides access to larger loan amounts.
- Strengthens your application with added security from a family member’s property.
4. Home Loans for Temporary Residents
- Overview: Our Home Loans for Temporary Residents cater to individuals who are in Australia on temporary visas, helping you secure a home even if you’re not a permanent resident.
- Key Features:
- Tailored loan products designed for non-permanent residents.
- Competitive interest rates and repayment options.
- Assistance with navigating the application process and understanding your eligibility.