Family Home Guarantee Archives - Home Loan Experts

Family Home Guarantee

Home Guarantee Scheme Price Caps Increasing For 2022-23

personOtto Dargan access_timeApril 20, 2022

The government has announced higher price caps for 2022-23 for parts of its expanded Home Guarantee Scheme, which includes the First Home Guarantee (formerly the First Home Loan Deposit Scheme), the Family Home Guarantee and the proposed new Regional Home Guarantee. (Note: the...

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Family Home Guarantee – Is It Accessible By The Lower Class?

personOtto Dargan access_timeMay 25, 2021

The new Family Home Guarantee scheme, allows single parents to buy a property with as little as a 2% deposit. The government acts as a guarantor to waive the need for the lender’s mortgage insurance. However, single parents fear that they could struggle to be approved for a...

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