SUPER SAVER SCHEME

We’ve been in the mortgage business for over 14 years and George Samios (our founder) says the government grants are the best he’s ever seen! We are across all of the grants available to you so read below to learn how first time buyers are using them to get into the property market!

What is the Super Saver Scheme?

The Super Saver Scheme refers to a government initiative designed to help first-time homebuyers save for a deposit by utilizing their superannuation (super) funds. The Super Saver Scheme is known as the First Home Super Saver (FHSS) Scheme. Here’s how the scheme works:

Here's A Madd Tip

It’s important to consider the long-term implications of withdrawing funds from superannuation, as it may impact retirement savings and potential investment returns. Before participating in the FHSS Scheme, we recommend setting up some time with your Madd Life team or Madd Home Loans Team member to ensure this is the right decision for you and your circumstance.

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