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2023-12-22 2:05 pm
Houses in the process of being built

Helping regional home buyers get into the market

March 4, 2024
July 1, 2023

We’re proud to be a participating lender in the Australian Government’s Regional First Home Buyer Guarantee program, supporting people in regional areas to purchase a home with a lower deposit.

Saving for a home deposit is a real challenge while working, renting and studying, or if you’re raising a family. And we know how important the goal of home ownership is for many of our customers. So we’ve signed on as an approved lender for a new initiative that will help up to 10,000 families each year own a home.

The Regional First Home Buyer Guarantee allows eligible regional home buyers on low and middle incomes to purchase a home with a deposit of as little as 5%. This means the often-significant barrier of Lender’s Mortgage Insurance (LMI) is removed, and first home buyers have a better chance of achieving their dream of purchasing a home. 

Learn more about the eligibility criteria here.

We’re committed to doing all we can to help our customers – new and existing – reach their financial and home ownership goals. Taking part in this initiative means we can provide targeted support to do so.

Learn more and apply →

Live in Victoria and looking to buy a home?

We’re also a participating partner in the Victorian Homebuyer Fund. If the Regional First Home Buyer Guarantee isn’t the right choice for you, this program for eligible customers to purchase with a 5% deposit could be.

Learn more

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