All Topics / Legal & Accounting / FHOG – When exactly do you get it?

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  • Profile photo of JustAllanJustAllan
    Participant
    @justallan
    Join Date: 2003
    Post Count: 168
    December 9, 2004 - 12:29 am

    To qualify for the FHOG, I know you have to live in a property for six months within the first 12. But I know lenders will allow at least part of the grant to go towards the deposit…

    So – does it take 6 months before people receive it, or do they receive it at or soon after purchase?

    Allan.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    December 9, 2004 - 4:02 am

    You would get it at settlement if processed thru a lender. If on your own, it would be just after usually.

    Terryw
    Discover Home Loans
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    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
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    Profile photo of JustAllanJustAllan
    Participant
    @justallan
    Join Date: 2003
    Post Count: 168
    December 9, 2004 - 6:27 am

    Thanks Terry!

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