Family Home Guarantee
Lets eligible single parents buy with a 2% deposit and no LMI.
What is Family Home Guarantee?
The Family Home Guarantee is a federal scheme letting eligible single parents with dependent children buy (or re-buy) a home with just a 2% deposit — no LMI. The government guarantees the remaining 18%. Available to first-home buyers and previous homeowners.
Why it matters for you
One of the most generous schemes in Australia for eligible applicants. Limited places released each financial year (allocations move fast). Income caps apply: $125K for singles in 2026. Eligible homes subject to state price caps.