Bank of us is proud to have been selected to participate in
the Australian Government's First Home Loan Deposit Scheme
For property value up to 95%
The First Home Loan Deposit Scheme (FHLDS) is an Australian Government initiative that will support eligible first home buyers by providing a guarantee that will allow those on low and middle incomes to purchase a home with a deposit of as little as 5%.
Applications will open on 1 February 2020. To apply for the scheme, make an appointment with a Bank of us Home Finance Specialist online, over the phone or by popping into your local Retail Store
There are several criteria used to determine eligibility under the scheme including the following general eligibility conditions:
Please visit the NHFIC website to find out if you meet the Scheme's full eligibility criteria.
The small, small print:
Bank of us lending criteria, terms and conditions , including fees and charges apply. Full details are available on application.
To find out more about the First Home Loan Deposit Scheme visit the NHFIC website.
#The comparison rates are calculated on the basis of a secured loan of $150,000 over a term of 25 years. WARNING: These comparison rates apply only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers or loan offset accounts, are not included in the comparison rate, but may influence the cost of the loan.
+For eligible First Home Loan Deposit Scheme applications only. Available for new lending from 1 February - 29 February 2020 or until guarantees under the First Home Loan Deposit Scheme are no longer available, whichever is the earlier.