First Home Loan Deposit Scheme

Helping you get ahead

Are your home ownership dreams feeling a little out of reach? The First Home Loan Deposit Scheme not only gives you the chance to get into the market sooner with a very low minimum deposit, but with no Lenders Mortgage Insurance, you could save thousands!  

There are limited places available in the scheme nationwide.

Eligibility for the Scheme

• You intend to be an owner occupier of the property
• You’re 18+ years of age, an Australian citizen and have a Medicare card number
• Singles have earned no more than $125,000 taxable income in the last financial year 
• Couples are married or defacto and have combined earnings of no more than $200,000 taxable income in the last financial year
• You're building or purchasing a home below the property price cap of the location you’re buying in

Eligible properties

• An existing house, townhouse or apartment
• Newly constructed dwellings (e.g. whether a freestanding house, townhouse or apartment)
• House and land packages
• Land and a separate contract to build a new home.

Why choose a home loan with us?

Lock it in and live the dream!

With interest rates at an all-time low, there’s never been a better time to lock in a fixed rate on your home loan!

Discover all you need to know when buying your first home, from the loan process and saving for a deposit, to getting the home loan that’s right for you.