Australia’s Home Guarantee Scheme is expanding again in 2025 with the government announcing 50,000 additional slots under three major housing support programs.
This move aims to improve housing accessibility for regional homebuyers, single-parent families, and first-time buyers.
Let’s break down the latest changes, who qualifies, and how you can benefit.
What Is the Home Guarantee Scheme?
The Home Guarantee Scheme helps eligible Australians buy a home sooner by reducing the required deposit without needing to pay Lenders Mortgage Insurance (LMI).
It’s especially beneficial for first-time buyers and those struggling to save a 20% deposit.
There are three components to the 2025 scheme
- First Home Guarantee (FHBG)
- Regional First Home Buyer Guarantee (RFHBG)
- Family Home Guarantee (FHG)
Who Is Eligible in 2025?
Eligibility varies slightly by program, but general requirements include
Scheme | Key Eligibility | Minimum Deposit | Property Type |
---|---|---|---|
First Home Guarantee | First-time buyers, income cap applies | 5% | New or existing homes |
Regional First Home Buyer Guarantee | Must live and purchase in a regional area | 5% | New or existing homes |
Family Home Guarantee | Single parents with dependents | 2% | New or existing homes |
Income caps apply
- $125,000 for singles
- $200,000 for couples (FHBG/RFHBG only)
When Are the New Places Available?
The government is releasing 50,000 total scheme places in FY 2025–26, including
- 35,000 under the First Home Guarantee
- 10,000 for the Regional Guarantee
- 5,000 for the Family Guarantee
Applications can be submitted via participating lenders starting July 1, 2025.
How to Apply
- Check eligibility via the official National Housing Finance and Investment Corporation (NHFIC) site.
- Get pre-approval from a participating lender.
- Apply for a property purchase using the scheme benefits.
The $50,000 Home Guarantee Scheme expansion offers real financial support to Australians wanting to buy their first home or secure stable housing for their family.
With lower deposit requirements and no LMI, it’s one of 2025’s most impactful government housing initiatives.
Check your eligibility today and explore the options via a participating lender.
Frequently Asked Questions
Q1: Can I apply for more than one scheme under the Home Guarantee?
No, you can only participate in one scheme per financial year.
Q2: What happens if I don’t use the guarantee after being approved?
Your slot may expire. Ensure your loan and property purchase progress within your lender’s timeframe.
Q3: Are newly built homes covered under all three schemes?
Yes, both new and existing homes qualify, depending on the specific scheme.