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First Home Loan Deposit Scheme

The First Home Loan Deposit Scheme (FHLDS) 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%.

Family Home Guarantee

For single parents wanting to purchase a new or existing home with as little as 2% deposit

New Home Guarantee

For first home buyers wanting to build or buy a newly built home with as little as 5% deposit

More Information

The small, small print:

Bank of us lending criteria, terms and conditions , including fees and charges apply. Full details are available on application.

*Scheme availability:

- 10,000 First Home Loan Deposit Scheme places will be available to eligible first home buyers from 1 July 2021 to 30 June 2022.

- The New Home Guarantee has been extended with an additional 10,000 places available from 1 July 2021 to 30 June 2022.

- 10,000 Family Home Guarantees will be made available over four financial years from 1 July 2021 to 30 June 2025.

To find out more about the First Home Loan Deposit Scheme, New Home Guarantee or the Family Home Guarantee visit the NHFIC website.