As you’ve probably been hearing lately, property prices are sky high. Combined with equally high costs of living the result is that the “Great Australian Dream” is at risk. It’s getting harder and harder to save a deposit, meaning first home buyers are being increasingly priced out of the housing market.

Unfortunately without a little help it can be extremely hard for first home buyers to take advantage of the great home loan rates and their first step up the property ladder.

But there is hope for those looking for a much needed head start.

It’s a ‘guarantee’, but not as you know it.

Our Head Start Family Guarantee is a limited guarantee, allowing the home buyer and guarantor to decide how much of the loan they’d like guaranteed and for how long¹. Unlike some guarantees, the Head Start Family Guarantee does not need the buyer’s entire loan to be guaranteed, making it an easier and more flexible alternative!

For the first home buyer it means getting into the market earlier and retaining their independence, as the family don’t have to guarantee the entire amount or term of the loan.

For guarantors our Head Start Family Guarantee can mean less risk, more security and more flexibility compared to a traditional guarantee. Most importantly though, it could help give their loved ones the head start they need.