First Home Guarantee (FHBG)

The purpose of the FHBG is to support eligible home buyers to enter the housing market sooner.

It does this by allowing Housing Australia to issue 35,000 guarantees each financial year for eligible loans to home buyers with a deposit of between 5 and 20% of the property value. 

Eligible home buyers can be first home buyers or previous homeowners who haven't owned a property in Australia in the past 10 years. 

The scheme is open to individual and joint applicants- which may include partners, friends, siblings and other family members. 

Australian citizens and permanent residents can be eligible. 

Family Home Guarantee (FHG)

The FHG is for eligible single parents and eligible single legal guardians of at least one dependent, such as aunts, uncles or grandparents. Applicants can include those who are not first home buyers.

The purpose of the FHG is to support eligible single parents and eligible single legal guardians to buy a home. It does this by allowing Housing Australia to issue 5,000 guarantees each financial year to eligible single parents and eligible single legal guardians with a deposit of between 2 and 20 percent of the property value.

Australian citizens and permanent residents can be eligible.

Regional First Home Buyer Guarantee (RFHBG)

The purpose of the RFHBG is to help eligible first home buyers living in regional areas to buy a home sooner, in a regional area.

It does this by allowing Housing Australia to issue up to 10,000 guarantees each financial year for eligible loans to regional home buyers with a deposit of between 5 and 20 per cent of the property value.

Eligible home buyers can be first home buyers or previous homeowners who haven't owned a property in Australia in the past 10 years.

The scheme is open to individual and joint applicants- which may include partners, friends, siblings and other family members. Australian citizens and permanent residents can be eligible.