At G&C Mutual Bank, we understand that saving for your first home can be difficult. We have a proud history of providing flexible and competitively-priced products for first home buyers. We’re proud to have been chosen to offer loans under the Australian Government's First Home Loan Deposit Scheme, to help even more first home buyers realise their dream of home ownership.
Overview of the Scheme
The Australian Government has introduced the First Home Loan Deposit Scheme to support first home buyers purchase a home sooner. The National Housing Finance and Investment Corporation (NHFIC) 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 (LMI) or rely on a guarantor.
Applications for the First Home Loan Deposit Scheme through G&C Mutual Bank are now open.
We'll help you navigate the process, and submit a request to reserve a place in the Scheme on your behalf. Places are limited.
We're ready to help you via our online home loan application, online enquiry form, 1300 364 400 or through a Mobile Lender or Service Centre.