First Class Loans in Richmond, New South Wales | Financial service

First Class Loans

Locality: Richmond, New South Wales

Phone: +61 1300 200 111

Address: 63 Lennox Street 2753 Richmond, NSW, Australia

Website: http://www.firstclassloans.com.au

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15.01.2022 Would you like to make 2020 the year you'll buy your first home? The government's First Home Loan Deposit Scheme could help you buy your first home sooner. The scheme provides a guarantee to eligible first home buyers to purchase a home with as little a 5% deposit.... Under the scheme, borrowers won’t be required to pay Lenders Mortgage Insurance. Applicants must meet eligibility criteria, and property price caps apply - see attached. The property price caps vary depending on location. The National Housing Finance and Investment Corporation (NLFIC) has a tool you can use to search property price thresholds via suburb or postcode. https://www.nhfic.gov.au/what-we-do/fhlds/eligibility/ If you'd like more information or would like to apply for the scheme send us a message and we'll connect you with one of our experienced Mortgage Brokers. Have a great weekend.

08.01.2022 The Reserve Bank has cut interest rates again! https://www.rba.gov.au/media-releases/2020/mr-20-06.html

08.01.2022 The First Home Loan Deposit Scheme enables first home buyers to buy a house with as little as 5% deposit without having to pay Lenders Mortgage Insurance (LMI). There are only 10,000 places available per year and you need to meet eligibility criteria. For more details, click below to our post.

01.01.2022 Mortgage prisoners may have just been given parole or even the key to get out! What is a Mortgage Prisioner? They are clients who trapped on their current mortgage (and mortgage provider) because they are unable to switch to a new mortgage. They are paying a much higher interest rate that is available to current clients. They are unable to refinance to a better deal as their financial situation could prevent you from passing a lender’s current affordability checks. Thes...Continue reading