Eligibility checker

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The Australian Government has announced that it will expand the eligibility criteria of the Home Guarantee Scheme, effective 1 July 2023. The changes announced by the Government are not yet effective and will require amendment to the NHFIC Act and NHFIC’s Investment Mandate. 

A link to the Minister’s media release has been published on the NHFIC website here.

Which Guarantee can I apply for?

The eligibility checker is a short questionnaire to help home buyers identify which Guarantee may be applicable to them, under the Home Guarantee Scheme (HGS).  

This tool can help home buyers determine eligibility for the First Home Guarantee, Family Home Guarantee or Regional First Home Buyer 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 HGS. 

For more information and to discuss individual circumstances, contact a Participating Lender