FHG

Family Home Guarantee

A 2%-deposit federal scheme for single parents and single legal guardians with at least one dependent.

The Family Home Guarantee lets eligible single parents and single legal guardians buy a home with just a 2% deposit without paying LMI. Unlike FHBG, the buyer does not need to be a first home buyer — but they must not currently own property. The scheme is part of the federal Home Guarantee Scheme administered by Housing Australia.