We’re one of the select lenders able to offer the Australian Government's 5% Deposit Scheme administered by Housing Australia.
The Australian Government 5% Deposit Scheme is an Australian Government initiative that helps home buyers to buy a home sooner and supports home buyers who have saved a small deposit, and meet other eligibility criteria, to get a home loan to buy a home.
We’re proud to be a participating lender and look forward to helping even more Australians achieve their home ownership goals.
The Australian Government’s 5% Deposit Scheme supports:
- First Home Buyers looking to purchase their first home with a deposit as low as 5%.
- Single Parents or legal guardians with dependent children can purchase their home with a deposit as low as 2%.
How to apply
Take a look at the 5% Deposit Scheme Comparison Table and compare the key features of each Guarantee.
First Home Buyers
The First Home Buyers is part of the Australian Government 5% Deposit Scheme. Supporting first home buyers to buy a home sooner.
Single Parents
The Single Parents Stream is part of the Australian Government 5% Deposit Scheme. The Single Parents Stream supports single parents or single legal guardians of one or more dependent children to buy a home sooner.
The Regional First Home Buyer Guarantee is now closed to new applications effective 1 October 2025.
Start your application now
For a home loan that makes you feel at home, get in touch with us today.
The first step is simply to talk to us and we can guide you from there. You can apply online, call us on 13 8777 or visit us at 400 King William Street, Adelaide.
Don’t have time to visit us? No problem, we can come to you!
Start your home loan application online anytime, anywhere.
Details you’ll need to have handy:
- your income and living expense details.
- information about what you own and what you owe.
Our local Home Lending and Relationship Managers are here to help with your home loan journey.
Simply book an appointment with one of our lending specialists at a time and place that suits you.
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Want more information?
Learn moreYou can find more information about the Australian Government 5% Deposit Scheme on the Housing Australia website.
Get in touch
Contact usWe're here to help. You can contact us by calling us, visiting us, making an appointment, using Web Chat or Secure Mail.
INFORMATION YOU SHOULD KNOW
The target market for this product can be found within the product’s Target Market Determination (TMD), available at creditunionsa.com.au/legal/terms-and-conditions/target-market-determination.
1
Australian Government 5% Deposit Scheme eligibility criteria applies.