Customers are encouraged to speak with their CommBank lender or broker to apply for a place today. 

This comes as CommBank has helped thousands of customers buy a home under the Australian Government’s Home Guarantee Schemes.

Dr Michael Baumann, Executive General Manager of Home Buying said: “Customers looking to enter the property market in 2022 will welcome the announcement that more guarantee places are available with CommBank from today. 

"We are the largest lender to first homebuyers, offering competitive rates tailored for individual circumstances, flexible home loan features to help structure and manage loans to suit changing needs, and innovative products like our Property Share feature which is designed to appeal to customers looking for new ways to reduce the challenges of saving for a deposit and break into the housing market.”

CommBank is also accepting applications for the New Home Guarantee and Family Home Guarantee.

“We look forward to being able to help even more customers enter the property market sooner and continuing to work collaboratively with the Government and the National Housing Finance and Investment Corporation (NHFIC).”1

Customers can visit our website for more information about eligibility and can chat to someone at any time of the day about how we can get them into their first home sooner via our extensive lender and broker network.

1On 12 October 2023 the National Housing Finance Corporation (NHFIC) changed its name to Housing Australia.