Take advantage of our First Home Buyer Package Home Loan and approved access to the Australian Government’s First Home Guarantee (FHBG) to buy your first home.
Helping you buy or build your first home, The Mutual Bank’s First Home Buyer Package Home Loan has loads of options to suit your banking needs:
First Home Guarantee
The Mutual Bank is one of a limited number of lenders approved by the National Housing Finance and Investment Corporation (NHFIC) as a participating lender in the Home Guarantee Scheme which supports eligible first home buyers to enter the housing market sooner.
Under the Scheme, the previously offered First Home Loan Deposit Scheme (FHLDS) has been renamed the First Home Guarantee (FHBG). Usually, home buyers with less than a 20 per cent deposit need to pay Lenders Mortgage insurance. Under the FHBG, eligible first home buyers can purchase a home with a deposit of as little as five percent, and avoid paying Lenders Mortgage Insurance, pending other lending criteria being met.
Our expert lending team is here to help you every step of the way.
No question is too big or too small – talk to us today on 1300 688 825.
A First Home Buyer Package Home Loan should be considered carefully in terms of your financial situation and is not available for business or commercial purposes. Application for First Home Buyer Package Home Loan finance is subject to credit approval with First Home Buyer Package Home Loan Terms and Conditions available on application and included in any loan offer. Eligibility criteria, conditions, fees, and charges apply to all loans. Eligibility criteria, terms, and conditions apply to the Home Guarantee Scheme and First Home Buyer Schemes.