Which Guarantee can I apply for?

The eligibility checker is a short questionnaire to help home buyers identify which Guarantee may be applicable. This tool can help home buyers determine eligibility for the First Home Guarantee or Family Home Guarantee. Advice is general in nature and does not constitute a determination of eligibility.

Home buyers (and those advising them) should consider consulting with a Participating Lender, and seeking independent financial and legal advice about whether a particular home loan or property, and the terms of the HGS suit personal circumstances and objectives.

Before entering into a home loan agreement, home buyers should consider talking with their lender (or broker) about the potential implications of changing interest rates or house prices on individual circumstances.

NHFIC, its employees and agents will not be responsible for any claims for direct or indirect loss allegedly caused by or arising from the use of this tool. All monetary figures displayed are in Australian dollars.

View the comparison table for a brief overview of the key differences between each of the Guarantees available under the Home Guarantee Scheme (HGS). For more information and to discuss individual circumstances, contact a Participating Lender.

  1. How do you intend to buy a home?
  2. Are you an Australian citizen?
    The Home Guarantee Scheme is only available to Australian Citizens. Based on the information provided you are not eligible.
  3. Are you at least 18 years of age?
    You must be at least 18 years of age to access the Home Guarantee Scheme. Based on the information provided you are not eligible.
  4. Are you buying as an individual or a company/trust?
    The Home Guarantee Scheme (HGS) is aimed at supporting Australians to buy a home. The HGS can only be used by borrowers acting in an individual capacity as natural persons buying under their own name. Based on the information provided you are not eligible.
  5. Are you buying a residential property in Australia?
    The Home Guarantee Scheme is aimed at supporting Australians to buy a home and is only available for the purchase of residential properties in Australia. Based on the information provided you are not eligible.
  6. How much did you earn last financial year? (your taxable income within the meaning of the Income Tax Assessment Act 1997)
    Your taxable income is above the maximum threshold to qualify for support. Based on the information provided you are not eligible for the Home Guarantee Scheme.
  7. Will you live in the home which you are buying?
    The Home Guarantee Scheme is only available for the purchase of owner-occupied properties. Properties to be used for commercial, investment or other purposes are not eligible. Based on the information provided you are not eligible.
  8. Have you ever owned or had an interest in*, a residential property anywhere in Australia (either individually, together, or with another person)?
    NOTE: THIS INCLUDES ANY RESIDENTIAL PROPERTY YOU OR THE OTHER PERSON HAVE EVER OWNED EITHER JOINTLY/SEPARATELY/WITH SOMEONE ELSE (INCLUDING RESIDENTIAL STRATA AND COMPANY TITLE PROPERTIES), REGARDLESS OF WHETHER IT WAS AN INVESTMENT OR OWNER-OCCUPIED PROPERTY AND WHETHER YOU HAVE EVER LIVED IN IT OR NOT.
    *DEFINITION FOR THE PURPOSES OF SATISFYING THIS ELIGIBILITY CRITERIA THIS MEANS YOU HAVE NEVER HELD:
    i. A FREEHOLD INTEREST IN REAL PROPERTY IN AUSTRALIA; OR
    ii. A LONG-TERM LEASE (WITH A TERM OF AT LEAST 50 YEARS) OVER REAL PROPERTY IN AUSTRALIA (INCLUDING A RENEWAL OR EXTENSION OF SUCH A LEASE) AS DESCRIBED IN PARAGRAPH 104-115(1)(B) OF THE INCOME TAX ASSESSMENT ACT 1997; OR
    iii. A COMPANY TITLE INTEREST (WITHIN THE MEANING OF PART X OF THE INCOME TAX ASSESSMENT ACT 1936)IN LAND IN AUSTRALIA.
  9. Are you a single parent with at least one dependant?
    Based on the information provided you are not eligible for the Home Guarantee Scheme.
  10. Are you a single parent with at least one dependant?
  11. Are you buying or building a new home?
  12. Are you buying or building a new home?
  13. Is the person you are intending to purchase a residential property with your spouse or de facto partner?
    Where there are two borrowers, each borrower must be the spouse or de facto partner of the other borrower. Based on the information provided you are not eligible for the Home Guarantee Scheme.
  14. Are both of you Australian citizens?
    The Home Guarantee Scheme is only available to Australian Citizens. When purchasing as a couple, both borrowers must be Australian Citizens. Based on the information provided you are not eligible.
    The Home Guarantee Scheme is only available to Australian Citizens. When purchasing as a couple, both borrowers must be Australian Citizens. Based on the information provided you are not eligible.
  15. Are both of you at least 18 years of age?
    The Home Guarantee Scheme is only available to Australian Citizens who are both at least 18 years of age. Based on the information provided you are not eligible.
    The Home Guarantee Scheme is only available to Australian Citizens who are both at least 18 years of age. Based on the information provided you are not eligible.
  16. Are you buying as a couple or a company/trust?
    The Home Guarantee Scheme (HGS) is aimed at supporting Australians to buy homes. The HGS can only be used by borrowers acting in an individual capacity as natural persons buying under their own name. Based on the information provided you are not eligible.
  17. Are you buying a residential property in Australia?
    The Home Guarantee Scheme is aimed at supporting Australians to buy a home and is only available for the purchase of residential properties in Australia. Based on the information provided you are not eligible.
  18. Will you live in the home which you are buying?
    The Home Guarantee Scheme is only available for the purchase of owner-occupied properties. Properties to be used for commercial, investment or other purposes are not eligible. Based on the information provided you are not eligible.
  19. Have you, and/or your spouse / de facto partner that you are intending to purchase a residential property with, ever owned or had an interest in*, a residential property anywhere in Australia (either individually, together, or with another person)?
    NOTE: THIS INCLUDES ANY RESIDENTIAL PROPERTY YOU OR THE OTHER PERSON HAVE EVER OWNED EITHER JOINTLY/SEPARATELY/WITH SOMEONE ELSE (INCLUDING RESIDENTIAL STRATA AND COMPANY TITLE PROPERTIES), REGARDLESS OF WHETHER IT WAS AN INVESTMENT OR OWNER-OCCUPIED PROPERTY AND WHETHER YOU HAVE EVER LIVED IN IT OR NOT.
    *DEFINITION FOR THE PURPOSES OF SATISFYING THIS ELIGIBILITY CRITERIA THIS MEANS YOU HAVE NEVER HELD:
    i. A FREEHOLD INTEREST IN REAL PROPERTY IN AUSTRALIA; OR
    ii. A LONG-TERM LEASE (WITH A TERM OF AT LEAST 50 YEARS) OVER REAL PROPERTY IN AUSTRALIA (INCLUDING A RENEWAL OR EXTENSION OF SUCH A LEASE) AS DESCRIBED IN PARAGRAPH 104-115(1)(B) OF THE INCOME TAX ASSESSMENT ACT 1997; OR
    iii. A COMPANY TITLE INTEREST (WITHIN THE MEANING OF PART X OF THE INCOME TAX ASSESSMENT ACT 1936)IN LAND IN AUSTRALIA.
    When purchasing as a spouse / de facto couple, both borrowers must be first home buyers. Based on the information provided you are not eligible for the Home Guarantee Scheme.
    When purchasing as a spouse / de facto couple, both borrowers must be first home buyers. Based on the information provided you are not eligible for the Home Guarantee Scheme.
  20. How much did you earn together last financial year? (your taxable income within the meaning of the Income Tax Assessment Act 1997)
    Your combined taxable income is above the maximum threshold to qualify for support. Based on the information provided you are not eligible.
  21. Are you buying or building a new home?

Provided that you meet the full list of eligibility criteria, you can apply for:

  • Family Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • Family Home Guarantee
  • First Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • Family Home Guarantee
  • First Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • First Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • First Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • First Home Guarantee

Provided that you meet the full list of eligibility criteria, you can apply for:

  • First Home Guarantee