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Family Home Guarantee

The Family Home Guarantee (FHG) is part of the Home Guarantee Scheme, an Australian government initiative to support eligible single parents with dependents to purchase a home sooner.

What is the Family Home Guarantee?

You could be a home owner before you know it with our single parent home loan.

We know how hard it can be to save for a deposit as a single parent. That’s why we’ve signed on as an approved lender to the Australian Government’s home buyer initiative, the ‘Family Home Guarantee’.

The FHG provides eligible single parents with dependants the opportunity to build a new home or purchase an existing home with a deposit of 2 per cent, subject to lenders credit criteria.

From 1 July 2024, 5,000 Family Home Guarantees are available until 30 June 2025.

How does it work?

Eligible single parents or legal guardians with dependents looking to build a new home or purchase an existing home are able to apply for a single parent home loan to purchase an eligible property through a participating lender. The Family Home Guarantee is administered by Housing Australia on behalf of the Australian Government.

Housing Australia guarantees to a participating lender up to 18 per cent of the value of the property, provided the borrower has a minimum 2 per cent deposit, and is an eligible single parent or single legal guardian. This will enable single parents or legal guardians with dependants to enter, or re-enter, the housing market sooner.

You can check your eligibility below or view the Government’s Family Home Guarantee (FHG) Fact Sheet for more information. You can use the Government's eligibility tool to answer a series of questions to find out if you're eligible.

If you have any questions, call us on 132 888.

Who it's for

To qualify for the FHG scheme, you’ll need to meet the list of eligibility criteria below:

  • You're an eligible single parent (single mum or dad) or single legal guardian with at least one dependant
  • You’re aged over 18
  • You're an Australian citizen or permanent resident
  • You earned less than $125k taxable in the last financial year (Child support payments are not included as income for the purpose of the income cap)
  • You're intending to be the owner-occupier of the purchased property
  • You do not currently own property, or upon settlement of the guaranteed property your buying, are not intending to own a separate property
Be purchasing
  • a residential property
  • If you’re building, the loan also includes construction costs to build a residential property on the land you want to buy
  • You stay under the price caps for each state and region
  • You must apply for a Principal and Interest loan (except Construction Loans)

Find out more about the eligibility criteria on the Family Home Guarantee website.

Check out the Family Home Guarantee fact sheet

Check out the Family Home Guarantee information guide

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Own your own home with the First Home Guarantee


The First Home Guarantee (FHBG) provides eligible first homebuyers the opportunity to purchase their first home with a deposit of as little as 5 per cent.

Read more

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