First Home Guarantee
Are you a first home buyer? The First Home Guarantee (FHBG) is a Government initiative to help Australians purchase their first home sooner.
One of the challenges to first home buyers achieving their dream of home ownership can be the time it takes to save a deposit. The FHBG provides “a guarantee that will allow eligible first home buyers to purchase a home with a deposit of as little as 5% without needing to pay for lenders mortgage insurance.”1
Find out more about the FHBG, including eligibility requirements, by visiting the Australian Government's National Housing Finance and Investment Corporation website here.
1 First Home Guarantee. National Housing Finance and Investment Corporation.