The National Housing Finance and Investment Corporation (NHFIC) has appointed Gateway Bank to offer loans to be guaranteed by the Australian Government.

Gateway is proud to partner with the Australian Government on the Home Guarantee Scheme (HGS) to help more Australians buy their home sooner. You can read more information about the guarantees below, or to find out if you are eligible refer to the guarantee’s eligibility criteria. Please note that this tool is provided as a guide only and does not guarantee that you will receive either a Scheme place or a loan from Gateway Bank.


For more information on the home loans you can apply for, see our Owner Occupier Home Loans page. You can also feel good knowing that the interest from your loan does not fund industries that harm the environment, including the fossil fuel, deforestation, tobacco, gambling or live export industries. Read more about our Ethical Banking and Ethical Investing policies here.

First Home Guarantee (FHBG)

The FHBG is an Australian Government initiative that supports eligible first home buyers to purchase an existing home with a deposit of as little as 5% without the need for Lender's Mortgage Insurance (LMI). The NHFIC will then provide a guarantee to the lender covering up to 15% of the property’s value. There will be up to 35,000 loans this financial year. The FHBG can help you buy your first home sooner with a smaller deposit.

Family Home Guarantee (FHG)

Gateway Bank is one of the select lenders able to offer access to the Family Home Guarantee. The FHG enables eligible single parents with at least one dependent child, to enter, or re-enter, the property market, with a deposit of as little as 2%, without the need for Lenders Mortgage Insurance (LMI). The NHFIC will then provide a guarantee to the lender covering up to 18% of the property’s value.

Popular Home Loans
 

Our most competitive home loan with great features allowing you to pay off your mortgage sooner.

  • Loan redraw facility available
  • No annual fees
  • Unlimited extra repayments
  • Up to 80% LVR 3.79%p.a. Interest rate
  • 3.81%p.a.
    Comparison rate

A multi-award winning home loan with flexible features and a competitive rate.

  • No establishment fee
  • 100% offset account available
  • Unlimited extra repayments
  • Up to 75% LVR 3.04%p.a. Interest rate
  • 3.37%p.a.
    Comparison rate

A multi-award winning home loan with flexible features and a competitive rate.

  • No establishment fee
  • Option to split variable and fixed loan options
  • Unlimited extra repayments
  • 3 year 6.34%p.a. Interest rate
  • 5.31%p.a.
    Comparison rate

Find more information about home buying with Gateway Bank

Want to know more?

Things you should know:

Please note that the number of available Scheme places are limited each financial year and applying with Gateway Bank does not guarantee a successful application.

Rates advertised apply to principal and interest repayment types only. Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. Comparison rates are calculated based on a loan amount of $150,000 over a 25 year term. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Applications for finance are subject our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.

Footnotes:

  • 1 Premium Package Fixed Rate Home Loans revert to the Premium Package Index Rate A/Investment Premium Package Index Rate A upon expiry of fixed rate term.