Buy a home with a deposit as low as 2%
The Family Home Guarantee is part of the Australian Government's Home Guarantee Scheme.
The Family Home Guarantee supports single parents or single legal guardians of one or more dependent children, who meet eligibility criteria, to buy a home with as little as 2% deposit, without paying Lenders Mortgage Insurance (LMI).
For the 2025/2026 financial year, 5,000 places are available for the Family Home Guarantee.
The Mutual Bank is proud to participate in the Family Home Guarantee, providing more flexible pathways to home ownership for families.
You can find more information about the Family Home Guarantee on the Housing Australia website.