Find Your New Home as a Single Parent
Buying a home as a single parent can feel overwhelming however, the Family Home Guarantee makes it possible. This Australian Government scheme helps single parents and legal guardians purchase a family home with a deposit as low as 2%, whether it’s a new build or an existing property.
Both first home buyers and previous homeowners can apply. Note, the scheme cannot be used to buy an investment property.
Are You Eligible?
To apply for the Family Home Guarantee, you must:
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Be an Australian Citizen or Permanent Resident, aged 18 or over.
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Be a single parent or legal guardian with at least one dependent living with you.
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Have earned $125,000 or less in the previous financial year.
Property Requirements
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You may currently own a home, but you must intend not to when settling your new property under the scheme.
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You must have at least a 2% deposit to contribute toward your purchase.
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The single parent or legal guardian must be the only person listed on the loan and certificate of title.
For detailed guidance, check out:
How to Apply as a Single Parent
Applying for the Family Home Guarantee is simple and can be broken down into three steps:
- Check Your Eligibility
Speak to us and let’s review the Family Home Guarantee criteria to confirm you qualify. - Get Conditionally Approved
We will walk you through the application process to apply for conditional approval. Once approved, your place in the scheme is reserved. - Buy Your Family Home
Build a new home or purchase an existing property. The choice is yours!
Ready to Get Started?
When you’re ready to take the next step, you can book an appointment online we will guide you through the steps and check your eligibility before helping you with your application to make your homeownership dream a reality.
