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Home Guarantee Scheme

Buy a home sooner with a low deposit

We’re one of the select lenders able to offer the Australian Government's Home Guarantee Scheme administered by the Housing Australia.

The Home Guarantee Scheme is an Australian Government initiative that supports eligible home buyers to purchase a home sooner with a low deposit and without the need for Lenders Mortgage Insurance (LMI).

We’re proud to be a participating lender and look forward to helping even more Australians achieve their home ownership goals.

    Guarantee options

    The Home Guarantee Scheme has three guarantee options available. 

    First Home Guarantee (FHBG)

    If you’re a first home buyer or you haven't haven't owned a property in the past 10 years, you could be eligible to purchase or build a modest home with a deposit of as little as 5% (lending criteria applies) using the First Home Guarantee.

    Find out if you're eligible

    Family Home Guarantee (FHG)

    If you’re a single parent or single legal guardian with at least one dependent child, you could be eligible to build a new home or buy an existing property with a deposit of as little as 2% using the Family Home Guarantee. It doesn’t matter if you have owned a home before or if it’s your first home.

    Find out if you're eligible

    Regional First Home Buyer Guarantee (RFHBG)

    If you’re a first home buyer or a buyer who hasn't owned a property in the past 10 years, living in a regional area, you could be eligible to purchase or build a modest home with a deposit of as little as 5% (lending criteria applies) using the Regional First Home Buyer Guarantee.

    Find out if you're eligible

    Start your application now

    For a home loan that makes you feel at home – get in touch with us today.

    Start your home loan application online anytime, anywhere.

    Details you’ll need to have handy:

    • your income and living expense details
    • information about what you own and what you owe.

    We’ll call you back within 48 hours to talk you through the next steps.

    Apply now

    Don’t have time to visit us? No problem. We can come to you!

    Simply book an appointment with one of our Mobile Lending Managers at a time and place that suits you.

    Make an appointment

    INFORMATION YOU SHOULD KNOW

    The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination.