How can I buy a property using the Home Loan Deposit Scheme?

By YM

If you can pull together a 5% deposit for your first property, you may be able to get on the property ladder sooner.

The Home Loan Deposit Scheme is designed to help up to 10,000 first home owners buy a home, without having to pay lenders mortgage insurance- which can cost several thousands of dollars, sometimes $10,000 or more.

Learn how the Scheme works with Raj Ladher, home loan specialist with Your Mortgage Broker.

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