The First Home Guarantee (๐๐๐๐), part of the Home Guarantee Scheme, is designed to help eligible buyers purchase their first home sooner. Administered by Housing Australia on behalfof the Australian Government, this scheme guarantees the buyer’s home loan through a participating lender.
With the ๐๐๐๐, you can buy a property with as little as a๐ฑ% ๐ฑ๐ฒ๐ฝ๐ผ๐๐ถ๐ without needing to pay Lender’s Mortgage Insurance.
The scheme covers up to 15% of the property’s value, making homeownership more accessible and affordable.
Looking for an overview of all the schemes?
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