Application Form and Guidelines

Application Form Get Adobe Reader

NOTE:

  • This form is to completed by a/the purchaser of the investment property
  • Applicants claiming the rebate must fit eligibility criteria
  • Applicants must consult an approved agent prior to application to confirm eligibility for rebate
  • Investment Home Owners Grant is payable at approved agents discretion and within 60 days from settlement date.
  • Applicants may be required, at a later date, to provide evidence to substantiate the rebate. Applicants may need to repay the rebate if the applicant breaches any terms or conditions of the Investment Home Owners Grant
  • The rebate available is up to $2,000.00 when the applicant meets all the needed criteria. The rebate is prorated when certain criteria is not met.

Eligibility Criteria:

  • Applicant must be an Australian citizen or resident
  • Applicant must obtain finance through an approved Investment Home Owners grant Agent or Broker
  • Applicant must purchase an eligible investment home or property
  • Applicant must meet agents criteria for eligibility
  • Applicant must honour original loan contract for no less than 18 months after settlement

To Apply:

  • Application to be forwarded to the approved Investment Home Owners Grant agent for assessment.
  • Application form must be completed and forwarded with relevant documents and original certified identification prior to settlement.
  • Each page needs to be initialed.

Terms and Conditions

The Investment Home Owners Grant has been developed by a private entity.

The investment Home Owners Grant Rebate is paid in one of four ways;

  1. For loans over $450,000.00, the rebate will be $2,000.00. Or,
  2. For loans over $200,000.00, the rebate will be $1,000.00. Or,
  3. In the case where the broker or agents upfront commission does not exceed the above rebates, the available rebate will be paid at a rate of 85% of the broker or agents upfront commission only. The broker agents commission is fully disclosed prior to settlement
  4. When the loan amount obtained is lower than $200,000.00, the rebate is still payable at a rate of 85% of the broker or agents upfront commission. The maximum rebate available is $2,000.00 and only available from an IHOG approved agent or broker.

Definitions

Acceptable property: A residentially zoned property.

Purchaser: Person or persons purchasing the property who obtains finance for the purchase.

Approved agent: a broker or agent who is recognized as being approved in relation to the IHOG rebate by Investment Home Owners Grant.