AusSchemes is not a government service. This information is general in nature and may not reflect the most recent eligibility rules or amounts. Always confirm details on the official source before applying.
Regional Home Guarantee
Like the First Home Guarantee but for people buying or building new homes in regional Australia — open to both first home buyers and previous home owners who haven't owned property in 5+ years.
Indicative amount
Saves LMI costs; 5% deposit accepted
Indicative amount only — confirm on the official page
What you get
Government guarantee of up to 15% enabling a 5% deposit with no LMI. Available for new builds or newly constructed dwellings in regional areas. Income and property price caps apply.
Who it's for
Relevant life events: buying home
How to apply
1. Apply through a participating lender. 2. Confirm the property is in an eligible regional area. 3. Confirm you are a first home buyer or have not owned property in the last 5 years.
Documents you may need
- Identity documents
- Proof of income
- Property details (must be in eligible regional area)
- Evidence of 5% deposit
Informational only — confirm exact requirements on the official page.
You will be taken to www.housingaustralia.gov.au
Last reviewed by AusSchemes: 20 April 2026