Financing Options Overview

Whether you’re a first home buyer or property owner, most people need to borrow money to buy or build a home. We have put together some useful guides and tools to help you find the right home loan and plan your budget accordingly.

• Financing Your Home Purchase – an impartial guide that looks at finance options and explains the different types of lenders, their finance options, characteristics of different mortgages and questions a borrower should ask lenders.
• Home Buyer's Checklist – this will help you to quickly identify the features and condition of a property to determine if it meets your needs and requirements.
• Home Buyer's Budget Planner – this is a handy tool to help you budget properly and to ensure you can afford your home purchase.

First home buyers now have access to a range of State and Federal Government benefits to assist them into the property market.

• First Home Owner Grant Scheme
• First Home Plus Scheme
• First Home Saver Accounts 
   
  The First Home Owner Grant Scheme and First Home Plus Scheme are administered by the NSW Office of State Revenue.
   
  One you’ve secured your home loan, if for any reason your circumstances change unexpectedly (for example, through sickness or unemployment), Housing NSW's Mortgage Assistance Scheme can assist you to continue to make mortgage repayments. The scheme provides short-term help in the form of an interest-free loan, paid directly to your lender that must be repaid at a future time. Conditions apply.
   
  To apply for Mortgage Assistance complete the Application for Mortgage Assistance.