First Home Buyer Grant Qualification Checklist

We know that a house is a huge investment. For many people, having enough budget and coming up with a down payment is difficult. If you wanted to have your first property but been worrying because of the cost, you can take advantage of the first home buyer grant program. However, before you enjoy this, you need to qualify first.

  • You Must be an Australian Citizen

If you were born in Australia, your birth certificate can be used to prove that you are a citizen of this country. However, if you were not born in Australia and just became a citizen through immigration, you can still be eligible only if you have a Certificate of Citizenship or an Australian passport. That’s why it is important that before you apply, you must already have the documents with you. Normally, the documents can be processed within one week. ¬†Still, apply early for additional delays.

  • Buying Your First Home

While it’s a no-brainer, you need to be a first-time buyer. If your spouse has previously owned a property, you may not be qualified for the program. It is also important that you are buying your home as a person and not as a trust or a company. The property must be designed for residential and not for commercial use.

  • Over 18 Years Old

Students can apply for this program, only if they are above the age limit which is 18 years old. However, if you’re a trustee for a person with a disability, the Commissioner can approve your request.

Now that you’ve known that are you qualified for the grant, it’s now time to hire brokers and seek help for the process. These people will help you with the application, making sure that you will get the Perth first home buyer grant. The best firm to hire is Opal Finance Australia.