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.

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All applications for credit are subject to our responsible lending criteria. Fees and Charges apply. You can find our Consumer Lending terms and conditions and Credit Card terms and conditions available online or from any of our offices.

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If you submit this form, the Bank may contact you about products and services we offer which may be of interest to you, unless you have opted out of receiving marketing communications. If you are not an existing member, and you do not take out the product or service this form relates to, the Bank will not use your personal information from this form for marketing purposes after 6 months from when you submit the form. For more information, please refer to our Privacy and Credit Reporting Policy

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