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First Home Guarantee (FHBG)

Buy a home with a deposit as low as 5% without the need for Lenders Mortgage Insurance (LMI).

To be eligible for First Home Guarantee you must, at minimum: 

  • be an Australian citizen or permanent resident, at least 18 years of age    
  • not have previously owned a residential property or be previous homeowners who haven't owned a property in the 10 years prior to the date they execute their home loan  
  • meet single or combined income threshold and property price requirements
  • have a deposit of at least 5% in savings.

Other eligibility criteria apply.

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Family Home Guarantee (FHG)

Buy a home with a deposit as low as 2%* deposit without the need for Lenders Mortgage Insurance*.

To be eligible for Family Home Guarantee you must, at minimum:

  • be an Australian citizen or permanent resident, at least 18 years of age
  • not currently own a home, but could have previously
  • be a single parent and/ or single legal guardian with at least one dependent
  • meet income and property price threshold requirements
  • have a deposit of at least 2% in savings.

Other eligibility criteria apply.

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Regional First Home Buyers Guarantee (RFHBG)

Buy your first home in a regional area with a deposit of as little as 5%.

To be eligible for Regional First Home Buyers Guarantee you must, at minimum:

  • be an Australian citizen or permanent resident, at least 18 years of age
  • not have owned a home previously or had an interest in a residential property, either separately or jointly with someone else
  • have lived in the regional area or an adjacent region for the entire previous 12 months
  • meet income and property price threshold requirements
  • have a deposit of at least 5% in savings.

Other eligibility criteria apply.

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First Home Owner Grant (FHOG)

Get access to a one-off grant for the purchase or build of a new home.

To be eligible you must: 

  • not have owned property in Australia before
  • be an Australian citizen or a permanent – resident of at least 18 years age
  • be an owner-occupier, not a residential investor
  • meet all the eligibility criteria under this scheme.

Application process and eligibility criteria varies by state or territory.

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First Home Super Saver Scheme (FHSSS)

Use superannuation to help save for your first home.

To be eligible you must: 

  • be an Australian citizen or permanent resident, at least 18 years of age
  • not have owned property before (unless property was lost due to financial hardship)
  • not have previously made a completed release request under the FHSSS
  • intend to occupy the property for at least six months within the first 12 months after it’s capable of being occupied.

Check which types of contributions are eligible under the FHSSS.

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Stamp Duty Concession

Stamp duty is a tax levied by state or territory governments on certain purchases, including buying a home, land, or investment property. Depending on your state or territory, you may be eligible for concessions as a first home buyer.

To be eligible you must:

  • buy or acquire property within Australia
  • check application process as eligibility criteria may vary by state or territory
  • meet all the eligibility criteria for your state or territory to receive stamp duty concession.

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Start your home buying journey with us today

  • Book time with a lender instantly

    Get the most from your home loan application process and book time with a Home Lending Specialist at a time and place that suits you.

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  • Apply of a home loan, conditional pre-approval or refinance

    Start your home loan or refinance application online and if eligible receive a conditional approval in minutes.

    Apply online

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