The Northern Territory Government funds the HOMESTART NT Scheme designed to assist Territorians on low to middle incomes purchase their first home and those Territorians who do not currently own an existing property, but have previously owned property and want to start afresh.
The Scheme comprises three loan products:
| - | HOMESTART NT Standard Variable Loan - a low deposit loan designed to provide access to home ownership for low to middle income earners in the Northern Territory |
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| - | HOMESTART NT Shared Equity Loan - a shared equity loan designed to provide access to home ownership for low to middle income earners in the Northern Territory through a partnership between the Government and home buyers |
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| - | HOMESTART NT Fee Assistance Loan - a loan to help low to middle income earners in the Northern Territory cover the costs associated with buying a home including stamp duty, deposit and up to $1500 for whitegoods. |
The HOMESTART NT Scheme is administered by the Territory Insurance Office.
For further details click here.