The First Home Guarantee scheme is getting a major overhaul with new price caps, scrapped income limits, and no more place limits. Glen, John and Josh de Buelle unpack what the changes mean for first home buyers and whether itβs worth jumping in now or waiting. Then they dive into a real case study of a couple in their mid 20s wanting to purchase an investment property that they can move into later down the track. In this episode:
ππ½ scheme changes: new price caps, no income limits
ππΎ pros and cons of buying with just 5% deposit
ππΌ why strategy must come before any scheme
ππΏ buying an investment you plan to also live in
Watch Glen's YouTube explainer about how LMI works: https://youtu.be/cmWOlvNhElk
Thanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team here
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