Page 9 - ooba First Time Buyers Guide
P. 9
How FLISP Works:
Contributes towards Reduces monthly
you owning your first property Home Loan installments
Contributes towards buying Can be used to reduce the
your first residential property, capital loan amount, thereby
vacant serviced residential reducing your monthly
land or building a house. installments.
Covers Can be used towards
shortfall transfer fees & bond costs
It can be used to cover any It can be used to pay any
shortfall you may have on charges or attorney fees such
the purchase price. as transfer and/or bond
registration costs.
