What is the name of the WA government's low-deposit home loan scheme designed to assist eligible buyers?
Correct Answer
D) Keystart Home Loans
Keystart Home Loans is the WA government's low-deposit home loan scheme administered by Keystart Loans Ltd. It assists eligible buyers, including first home buyers and low-to-moderate income earners, with loans that typically require a lower deposit than commercial lenders and do not require lenders mortgage insurance.
Why This Is the Correct Answer
Keystart is the WA government's home lender, offering low-deposit loans without lenders mortgage insurance to eligible buyers.
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