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.
The Home Guarantee Scheme has three guarantee options available.
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.
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.
Start your application now
For a home loan that makes you feel at home – get in touch with us today.
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