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Please note that all First Home Loan Deposit Scheme places for the 2020-21 financial year have been filled. Please contact us to discuss alternative options available (e.g. Family Support).

Sydney Mutual Bank has been selected to provide Government guaranteed loans under the First Home Loan Deposit Scheme.

The First Home Loan Deposit Scheme is an Australian Government initiative to support eligible first home buyers purchase a home sooner. It does this by providing a guarantee that will allow eligible first home buyers on low and middle incomes to purchase a home with a deposit of as little as 5 per cent.

Applications open for Sydney Mutual Bank on 1 February 2020. To register your interest or if you would like to find out more about how we can help you buy your first home with a smaller deposit, please fill out the form below.

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