The Family Home Guarantee
20 July 2021
The Family Home Guarantee is an Australian Government initiative that aims to support eligible single parents with at least one dependent child in purchasing a family home.
From 1 July 2021, 10,000 Family Home Guarantees will be made available over four financial years to 30 June 2025, to eligible single parents with at least one dependent child, subject to their ability to service a loan.
The Family Home Guarantee can be used to build a new home or purchase an existing home with a deposit of as little as 2% regardless of whether that single parent is a first home buyer or a previous home owner. Investment properties are not supported by the Family Home Guarantee.
The team at
Mulcahy & Co Loans & Finance can assist you with claiming this guarantee – call today to make an appointment.
Latest News
AML/CTF Compliance Notice - M Group
When it comes to financial planning, one of the most powerful, and often overlooked concepts is the relationship between human capital and physical (investment) capital.
Did you know our Financial Planning division engage a research partner to assist their advisors in keeping up to date with the latest information in local and international economics? The partner is InvestSense and Jonathan Tolub from InvestSense attended the recent Investment Committee Meeting held in the Ballarat office. Our Marketing division filmed and edited the 16 minute presentation and you can watch it below. To talk to one of our Financial Planners about the Share Market, contact us here.
When an older person needs aged care, decisions are often made quickly. Read more to find out why licensed aged care advice is so important.
