What is the Single Parent Family Home Guarantee?
From July 2021 to June 2025, eligible single parents may qualify for a home loan with a deposit as low as 2% without having to pay lender’s mortgage insurance. This is part of the Australian government’s effort to support single parents who want to enter or re-enter the housing market.
Single mothers or fathers with at least one dependent child may apply for a home loan under the Family Home Guarantee Scheme through a participating lender.
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