Written by
May 2, 2019 9:22:00 AM
You could be building your dream home at Harrisdale Green sooner than you think!
To assist more West Australians into home ownership, Keystart has announced that it will be relaxing the borrowing criteria for singles, couples and families.
This means that if you have previously wanted to apply for Keystart’s Low Deposit Home Loan, but your household income was above the eligibility criteria’s income limit, you may now be eligible.
Keystart’s new borrowing criteria means that until the end of the year, to be eligible for the Low Deposit Home Loan, your yearly income can be up to $105,000 for singles, $130,000 for couples and $155,000 for families when you buy or build a home valued at up to $480,000 in the Perth metropolitan area. This offer is only available until the end of December 2019.
It has never been easier to get into your own home. Speak to your mortgage broker or bank today to see if you meet the new eligibility criteria for Keystart’s Low Deposit Home Loan!
Important info – “The increased income limits will be available to all applicants who enter into sales contracts to purchase an established property or build a new home from 1 July 2019 until 31 December 2019. Keystart will accept applications using the higher income limits from 1 May 2019 to give consumers the confidence they can begin their search for a home knowing what they may be eligible to borrow. The sales contract must settle after 1 July 2019. The income limits will then revert to the current levels from 1 January 2020.” Keystart, May 1, 2019.
For more information visit https://www.keystart.com.au/about-us/news/view/increase-in-keystarts-maximum-income-limits
