First Home Buyers Get your foot in the door
At Credit Union SA we understand how hard it can be for first home buyers to get into the property market.
That’s why, in addition to our very competitive home loan rates, we’re offering a $5,000 First Home Buyers Grant when you borrow at least $300,000 to purchase a home with a loan to value ratio (LVR) over 80%.
From one South Australian to another it’s a step to help you get a foot in the door.
How do I receive the grant?
There are two ways you can choose to receive your grant from Credit Union SA:
1. Have it paid into an account of your choice after settlement, or
2. Choose to have it applied directly towards the settlement of your property purchase.
The choice is yours, but the grant cannot be accessed prior to settlement. Please note that the grant is not available for construction loans.
Calculate your repayments
We have a range of helpful calculators:
- Home loan repayments calculator
- Stamp duty calculator
- Borrowing power calculator
- Simple loan comparison calculator.
Meet First Home Buyers Nathan and Larissa
For security reasons, current members of Credit Union SA are asked to submit all account enquiries through Internet Banking Secure Mail.
We understand that the journey to home ownership is exciting, but it can also be a little daunting the first time around.
Read on to learn about some of the key considerations and milestones you'll complete as you achieve your goal of home ownership.
Buying your home
So you’re ready to start looking for a home. You’ve got your deposit and your pre-approval sorted, so now you can start looking for your dream home. Real estate websites are great at making houses look desirable online, but seeing a house in person will speak volumes.
Contact us today!
How we can help
Lending criteria, fees and conditions apply. Offer is current as at 9/5/2017 and is subject to change. Minimum loan $300,000 with a loan to value ratio over 80% when purchasing a new (fully constructed) or established home. Construction loans do not qualify for the grant. To be eligible, applicants must not have previously owned residential property in Australia. Available to natural persons only (i.e. not a trustee or a company).