Maximising home owner ship opportunities with Mondus and the home guarantee scheme

The Australian Government's Home Guarantee Scheme (HGS) is a pivotal development in the housing sector, aimed at facilitating easier access to homeownership through various initiatives that allow eligible buyers to purchase homes with significantly reduced deposits.
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The scheme includes the First Home Guarantee and Family Home Guarantee, aiming to help buyers secure homes with significantly low deposits. As the housing market evolves, these guarantees play a crucial role in aiding eligible buyers by minimising initial financial burdens and bypassing traditional hurdles such as high deposit requirements and Lenders Mortgage Insurance.
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At Mondus, we see this scheme as a valuable companion to our own initiatives. While the government scheme requires buyers to manage a 5% deposit and up to 5% in stamp duty, our deal assists customers with the deposit and stamp duty for just a 2.2% contribution fee, which can be combined with the First Home Owners Grant. This integration significantly reduces the upfront costs required, making the dream of homeownership even more attainable.
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Moreover, Mondus does not impose income caps or property price limits, further broadening the scope for potential homebuyers to find and finance their ideal homes, even if they earn above $125K individually or $200K per household. This inclusivity ensures that more Australians have the opportunity to benefit from both the government's support and Mondus’s innovative financial solutions.
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