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Source: Commonwealth Bank of Australia

From tomorrow, CBA will start accepting new requests from eligible first home buyers purchasing new homes to join the FHLDS: New Home Guarantee waitlist.

CommBank has today announced that even more home buyers will be able to realise the Aussie dream of owning their own property under the extension to the First Home Loan Deposit Scheme (the Scheme).

From tomorrow, eligible first home buyers looking to build or purchase a newly built home are able to request a place to join CBA’s waitlist.

As part of the 2020-21 Federal Budget, the Australian Government announced the New Home Guarantee, an additional 10,000 Scheme places specifically for first home buyers purchasing new homes with a deposit of between 5 and 20 per cent of the property’s value.

MIL OSI – Global Reports