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The Family Home Guarantee Scheme

Note: This article is an extract from MLC.  If you’re a single parent with dependents, you may be eligible to purchase a home with as little as a 2% deposit via the Family Home Guarantee Scheme. How does it work? You usually need to save a deposit of 20% if you want to borrow to buy a home without needing to pay lenders mortgage ins...

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The First Home Guarantee Scheme

Note: This article is an extract from MLC. You may be eligible to purchase your first home with as little as a 5% deposit via the First Home Guarantee Scheme. How does it work? You usually need to save a deposit of 20% if you want to borrow to buy a home without needing to pay lenders mortgage insurance (LMI). Under the First Home Guarantee...

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