How long does it take to get approved for first home buyer help?

Short answer: Grant: up to 20 working days (pre-contract) or 50 working days (post-contract). Loan: 1-2 weeks.

What this actually means in plain English

The First Home Grant takes up to 20 working days if you apply before signing a contract. The First Home Loan pre-approval takes 1-2 weeks from your bank. If you apply for the grant after signing, it can take up to 50 working days. Apply early. Do everything in parallel, not one after another.

Key Facts

Pre-contract grant application: up to 20 working days
Post-contract grant application: up to 50 working days
First Home Loan pre-approval: 1-2 weeks
Do applications in parallel, not sequentially

Example

Pre Contract: 20 working days

Post Contract: 50 working days

Loan Pre Approval: 7-14 days

Total Parallel: 3-4 weeks if done together

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