HomeStart's Starter Loan

Get into a brand new Metro home today with HomeStart's Starter Loan! If you’re finding it hard to save enough for the deposit and upfront costs to build a home, HomeStart's Starter Loan could provide up to $10,000 to help you get into your own home sooner.

How does it work?

The Starter Loan is a secondary loan taken out with a primary HomeStart loan to help cover the upfront costs for building a new home.

The Starter Loan has a five-year term, with no repayments required or interest charged during those five years. At the end of the five years, if the Starter Loan is not paid in full, it will be reviewed and may be transferred to your primary loan balance, which may increase your loan term. Depending on circumstances, all or part of the Starter Loan may be extended by HomeStart.

This initiative is offered by HomeStart Finance.

To find out more about the HomeStart Starter Loan, click here.

To find out how to get into a brand new home, contact us