Being a home owner is a dream that is just out of reach for so many Aussies – and no, not because of all the smashed avo on offer – some of us are in need of something a little extra…like a fairy godmother, or, more realistically…a silent partner to invest in your home.
The State Government’s ‘Opening Doors’ shared home ownership program makes it possible for you to own your own home with a low deposit starting at just $2000 or 2% of the purchase price, whichever is greater. Acting as a ‘silent partner’, up to 30% off the price of your home will be paid by the Opening Doors scheme and you only need to make repayments on your share of the property.
Launched in 2011, almost 1500 Shared Home Ownership loans have been issued to date – meaning more people are achieving their dreams of becoming a home owner.
The process is simple. Get in touch to find out if you’re eligible, search a wide range of beautiful homes online to find one that’s right for you, then an approved appointed agent does the rest.
As part of creating sustainable and thriving communities, new homes and apartments are available now all over Perth and you won’t need lenders mortgage insurance or a saving history.
Terms and conditions do apply but if you are keen to get a foot in the door and get into your own home, head to openingdoorswa.com.au or call 1300 761 885 to find out more.