Need help to buy a home?

16 July 2021

Saving the deposit for a home can be a challenge, but with a little help from the Australian Government and Easy Street you could be on the property ladder before you know it. The National Housing Finance and Investment Corporate (NHFIC) has announced that Easy Street has been appointed to the panel of residential mortgage lenders to offer guaranteed loans under the Australian Government’s First Home Loan Deposit Scheme (FHLDS), New Home Guarantee (NHG) and Family Home Guarantee (FHG), which commenced in July 2021.

What are the Schemes?

First Home Loan Deposit Scheme & New Home Guarantee

These Schemes are an Australian Government initiative to allow eligible home buyers access to a home loan with 5% deposit, to help them get in to their first home sooner. While Easy Street has been offering the ability to buy with just 5% deposit for quite some time, under the Scheme, a guarantee is provided so lender’s mortgage insurance is not payable, which helps reduce the costs of the transaction for the buyer.

Family Home Guarantee

The Family Home Guarantee is an Australian Government initiative to allow eligible single parents with at least 1 dependant living at home access to a home loan with a 2% deposit.  Aligned to the other Schemes there is a Government guarantee so no lender’s mortgage insurance is payable.

Am I eligible?

Visit the following links to see if you are eligible for the FHLDS, or the New Home Guarantee, available on newly built houses. Or, the Family Home Guarantee, available to eligible single parents.

How do I apply?

Simply complete your expression of interest via the form below and we’ll be in contact shortly.

Expression of interest >

Where can I find more information?

Go to

Credit eligibility criteria, terms & conditions, fees & charges apply.

This information is general advice only and does not take into account your objectives, financial situation or needs (your "personal circumstances"). Before deciding whether to buy any product, you should consider your personal circumstances. You should read and consider the Terms and Conditions when deciding to use any product (terms and conditions, fees and charges may apply). Our product Conditions of Use are available at


The information contained in this article is only correct at the point of time of publication. It is general information and has been prepared without taking into account your personal circumstances, objectives or needs. Please consider if this information is right for you before making a decision to acquire any product.