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Call us anytime 1300-561-152 |
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Call us anytime 1300-561-152 |
With countless lending options available in the market, working with the right broker can make the process a whole lot simpler. That's why at Montego Homes we work with a panel of mortgage brokers to ensure you're getting the right product and advice.
Whether you're buying your first home, dream home or investment property, looking to refinance or simply discuss a savings journey, our brokers are dedicated to finding the right financial solution for your needs. Best of all, we provide this service completely free with no obligations!
To make the great Australian dream of owning your own home easier, the Government has introduced the First Home Owner Grant (FHOG). While the rules and benefits vary according to the state or territory you’re purchasing your home in, if you decide to build or buy new, you could be eligible for assistance to help you purchase your first home.
How much is the First Home Owner Grant?
If you're buying or purchasing a new home valued up to $750,000 the FHOG provides purchasers with a $10,000 grant or $20,000 if the home you are building or buying is in regional Victoria.
First home buyers are exempt from paying stamp duty on properties purchased for under $600,000 with a concession available for purchases above $600,000.
For the most up-to-date information, please visit the First Home Owner section on the State Revenue Office Website.
First Home Owner Grant Eligibility
To be eligible for the FHOG, you will need to meet several conditions set by the State Revenue Office of Victoria. For detailed criteria and an easy to use online tool to check your eligibility for the FHOG, please visit the Will I be Eligible section on the SRO Website.
Applying for the First Home Owners Grant
It's best to seek advice when applying for the FHOG. Our finance specialists will guide your through the process and help you prepare your documentation ready for lodgement.
When will the First Home Owners Grant be paid?
When the grant is paid depends on wether you're building from scratch, buying off the plan or buying a newly built home and how you apply and through whom. For more information, please visit the FHOG lodgement guide on the SRO Website.
To make the great Australian dream of owning your own home easier, the Government has introduced the Home Builder Grant. While the rules and benefits vary according to the state or territory you’re purchasing your home in, if you decide to build or buy new, you could be eligible for assistance to help you purchase your dream home.
How much is the Home Builder Grant
If you're buying or purchasing a new home valued up to $750,000 the Home Builder Grant provides purchasers with a $25,000 grant.
For the most up-to-date information, please visit the HomeBuilder section on the treasury website.
HomeBuilder Grant Eligibility
To be eligible for the HomeBuilder grant, you will need to meet several conditions set by the State Revenue Office of Victoria. For detailed criteria and an easy to use online tool to check your eligibility for the FHOG, please visit the HomeBuilder Fact Sheet.
Applying for the HomeBuilder Grant
It's best to seek advice when applying for the HomeBuilder grant. Our finance specialists will guide your through the process and help you prepare your documentation ready for lodgement.
When will the HomeBuilder Grant be paid?
When the grant is paid depends on wether you're building from scratch, buying off the plan or buying a newly built home and how you apply and through whom. For more information, please visit the HomeBuilder section on the treasury website.
