On this page

Apply now

You can apply online, by calling 13 11 82 or by visiting your nearest branch.
Apply online

    What is the First Home Guarantee (FHBG)?

    The First Home Guarantee (FHBG) is part of the Home Guarantee Scheme (HGS). The purpose of the First Home Guarantee is to support eligible home buyers to enter the housing market sooner.

    It does this by allowing Housing Australia to issue 35,000 guarantees each financial year for eligible loans to home buyers with a deposit of between 5 and 20% of the property value.

    People’s Choice is a participating lender offering the First Home Guarantee. If you’re interested in applying for the First Home Guarantee, please register your interest below or speak with our Home Loan Specialists to discuss the options available to you.

    Who is eligible for the First Home Guarantee (FHBG)?

    To be eligible, you need to meet the following criteria:
    • Have a minimum 5% deposit

    • Be Australian citizens or permanent residents

    • Be applying as individual or joint applicants, which may include partners, friends, siblings, and other family members
    • Be first home buyers or previous home owners who haven't owned a property in the ten years prior to the date they execute their home loan. Prior property ownership includes a freehold interest in real property in Australia (this includes owning land only), an interest in a lease of land in Australia with a term of 50 years or more, or a company title interest in land in Australia.

    Property price caps

    Maximum purchase prices (property price caps set by Government legislation) are applicable for eligible properties purchased under the Home Guarantee Scheme (HGS). The property price caps are the same for all HGS Guarantees.

    Visit the Housing Australia website to use the Property Price Cap Tool – a postcode search tool to help home buyers determine the property price caps for the suburb they are purchasing in.
    Visit the Housing Australia website

      FAQs

      Register your interest in the First Home Guarantee
      Mandatory fields are indicated below
      Please provide your first name
      Please provide your first name
      Please provide your last name
      Please provide your last name
      Please enter numbers only
      ^[0-9]*$Please enter numbers only
      Preferred contact method? *
      Please select your preferred contact method
      Please select your preferred contact method
      Please provide your phone number
      Please provide your phone number^[0-9]*$

      Please enter numbers only

      Please provide your postcode
      ^[0-9]*$Please provide your postcode.Please enter a valid postcode.

      Please provide details about your enquiry

      I have read, understood and agree to the Privacy Notice below^ *

      ^Privacy Notice:

      People’s Choice Credit Union is collecting the above information so that we may respond to your enquiry and provide information in relation to products and services we provide. We will only use this information, unless you are already a member or subsequently decide to obtain a service or product from us,  to respond to your enquiry and to contact you from time to time to provide you with information about services and products which may be of interest to you (including products and services of third parties). We may not be able to contact you if you do not provide to us this information. You can opt out of receiving direct marketing from us at any time. We disclose your personal information to relevant members of our staff. We may also disclose your personal information to agents, contractors, government agencies and bodies  who assist us in our dealings with you. Our Privacy Policy (which you can obtain at this link, in branch or by contacting us on 13 11 82 and asking for a copy) contains more information on how you can access and correct your personal information, how we use your personal information (including how to opt out of marketing), how to complain if you believe we’ve breached our privacy obligations, and how we deal with complaints. It also provides more detail on how we manage and protect your personal information if you are interested. People's Choice address is 50 Flinders St, Adelaide, 5000.