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Homebuyer Fund and Interest Rate Drop Helping More Families to Buy a Home in Victoria

Family in home waving at laptop

BuyAssist Homebuyer Fund Support together with a recent drop in the interest rate is enabling more families to buy their home today.

TheBuyAssist Victorian home buyer program has been helping households without a deposit buy their home by providing homebuyer fund support.

In February the Reserve Bank of Australia (RBA) cut interest rates by a quarter-point to 4.1%.  

The combination of equity support fom our BuyAssist homebuyer fund together with your first mortgage – now at a lower interest rate – means it is now a little easier to buy your first family home in Victoria.

You could be joining more than a hundred households to buy their first home.  Our homebuyers have bought apartments and house and land packages across Greater Melbourne and regional Victoria.

“We wouldn’t be able to achieve this dream without the help of BuyAssist”  Katie, BuyAssist supported first homebuyer

If you live in Victoria and are wanting to buy your own home but don’t have a 20 per cent deposit then you may benefit from BuyAssist Victorian homebuyer fund support.

We are looking for new homebuyers who don’t have a deposit to join our program and buy their own home in Victoria.  Terms and conditions apply.

Once our team has checked your eligibility our financing partners will assess your application of a mortgage.  Your mortgage funds and our homebuyer fund support will then be combined to give you a maximum property price.  Our licenced real estate agent will help source a house or apartment for sale that meets your budget and family requirements.

Our home buyer support is applied at settlement.  You enter an agreement with our equity investor and repay the equity support when you sell or refinance the home.

If you receive 25 per cent equity support then you repay 25 per cent of the dwelling value.  No interest is charged on the homebuyer support.

Register today for a no obligation to have your eligibility for ourhomebuyer support assessed by the BuyAssist team and to find out more.