It gives me great pleasure to announce some incredibly exciting news.
Starting from the 1st of July, Unity Bank will become a participating lender in NSW’s Shared Equity Home Buyer Helper.
Shared Equity Home Buyer Helper is an initiative to help lower-income single parents, older singles, and first-home buyers who are key workers realise the dream of owning their own home. Under this program, the government will contribute a proportion of the purchase price in exchange for an equivalent interest in the property.
Smaller deposits, no lenders mortgage insurance, and no interest on the Government’s equity share means this initiative is a great option for eligible singles and key workers who no longer want to rent and prefer the security of home ownership.
Unity Bank was founded on the principle of supporting everyday Australians. As such, being in a position where we can help those who are struggling to break into the housing market is something we don’t take lightly.
For Unity Bank to be selected for Shared Equity Home Buyer Helper from an extensive list of candidates is an amazing achievement and something we should all be very proud of. For me, this acknowledgement is a reflection of Unity Bank’s continual drive and dedication to our members.
If you would like further information on NSW’s Shared Equity Home Buyer Helper, or to find out if you are eligible for the initiative, please visit https://www.unitybank.com.au/home-loans/home-pathways-schemes/shared-equity-home-buyer-helper/
With all this in motion and much more to come, 2023 is shaping up to be another stellar year for Unity Bank. We look forward to servicing new and existing members through Shared Equity from the 1st of July.
Chief Executive Officer