Are you tired of renting in Perth? Struggling to save a deposit for your first home? Keystart’s new low-deposit home loans just made securing a house in WA easier than ever.
With updated property price caps and income limits, owning your dream home in Perth or surrounding suburbs is now within reach. Let’s dive into the details and see how this game-changing update can help you escape the renting cycle.
What’s New with Keystart in Perth?
Keystart has raised its property price cap to a generous $730,000. This means you can qualify for a low-deposit home loan to buy a house valued up to that amount.
Income limits have also increased, making it possible for more people to qualify:
- Singles: Earn up to $148,000 per year.
- Couples and Families: Combined earnings up to $218,000 per year.
These new limits, effective from 19 December 2024, are designed to make homeownership in Western Australia more accessible than ever.
3 Quick FAQs about Keystart in Perth
1. What is Keystart?
Keystart is a government-backed home loan provider in WA, offering low-deposit loans for first homebuyers.
2. Who qualifies for Keystart?
You must meet income and property value caps. The new limits now make it easier for Perth residents to qualify.
3. Why choose Keystart?
Keystart offers low-deposit loans without LMI, saving you time and money compared to traditional home loans.
Why Keystart is a Game-Changer for Perth Renters
Saving for a 20% deposit while renting is tough, especially with the rising cost of living in Perth. Keystart’s low-deposit home loans offer a solution:
- Smaller Deposits: Start with less upfront.
- No Lender’s Mortgage Insurance (LMI): Save thousands on extra fees.
- More Options: Higher caps mean you can explore more locations and property types.
Imagine owning a home in vibrant Perth suburbs like Baldivis, Ellenbrook, or Butler without waiting years to save for a traditional deposit.
Top Reasons to Act Now
- Expanded Budget: The $730,000 cap opens doors to homes in desirable Perth areas. That means more opportunity to live exactly where you want #winning
2. Faster Process: Keystart’s low-deposit loans make moving in quicker and less stressful.
3. Better Value: Stop paying rent and start building equity in your own home.
Is Homeownership in Perth Finally Within Your Reach?
If you’ve been told that you don’t qualify for homeownership, it’s time to check again. Keystart’s updated limits might be exactly what you need to turn “someday” into “today.”
How to Get Started
We make it easy to find out if you’re eligible:
Own Your First Home: Say goodbye to rent and hello to your own space!
Click Below: Fill out our quick eligibility form. Easy! We’ve got your back. #FHOCyeah!
Do You Qualify?
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