The Australian Government supports eligible home buyers to purchase a home sooner with a low minimum deposit. Find out which scheme is for you.

Australian Government 5% Deposit Scheme for First Home Buyers

Australian Mutual Bank is proud to be a Participating Lender in the Australian Government 5% Deposit Scheme that helps you buy your first home with a minimum 5% deposit with a Government guarantee. No income caps, no waitlists and no Lenders Mortgage Insurance means you have lower upfront costs and could own your first home sooner.

You can find more information about the Australian Government 5% Deposit Scheme for First Home Buyers, as well as the eligibility criteria on the Housing Australia website.

Australian Government 5% Deposit Scheme for Single Parents

The Australian Government 5% Deposit Scheme helps single parents or legal guardians who have saved a minimum 2% deposit to buy a new family home with a Government guarantee.

You can find more information about the Australian Government 5% Deposit Scheme for Single Parents, as well as the eligibility criteria on the Housing Australia website. When you’re ready to apply, you can fill out the form below to request a call from a lending specialist who will help you with your application.

Talk to a lending specialist today

Even if you feel that buying a property is still a long way off for you, our friendly staff can talk you through the process and offer you some guidance to ensure you are on the right path. View the Home Buyer's Guide to find out more about the process of buying a home and for some handy hints and tips.

Let's chat!

Enter your details below and we will call you back.

 

The Privacy Act requires us to tell you about how we collect and use your personal information. We explain this in our Privacy Policy which is available here.

Why choose Australian Mutual Bank?