AusFinance Blog

NSW home grant

Looking for details of First Home Owner Grant (FHOG) details for New South Wales (NSW)? Find below detailed information on the FHOG scheme including the amount provided, disqualifiers, qualifiers, and the application and approval process. NSW FHOG New Home Scheme Disqualifiers Homes that have been previously occupied or sold as a place of residence or have been substantially renovated or been built to replace demolished premises are ineligible for the grant. Any home that has

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FHOG grant

First Home Owner Grant 2016 Across Australia The First Home Owner Grant (FHOG) was introduced by the Australian federal government in the year 2000 to counterbalance the effect of Goods and Services Tax (GST) while purchasing or constructing a home. This one-off payment of $7,000 was a federal scheme that is now funded by states and territories – thus the FHOG amount, eligibility criteria, and property specifications vary slightly from one state to another state.

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A Loan Officer and Mortgage broker are two well-known entities who work in the home loan industry. For homebuyers, the differences might not be clear regarding a loan officer and mortgage brokerin terms of their responsibility, credibility, benefits and drawbacks. A loan officer is a professional who works for a bank or a specific lender and writes loans for that institution. A loan officer is also commonly known as a mortgage loan originator, home loan

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