New Home

Guarantee (NHG)

QBANK is proud to be a Participating Lender in the Australian Government's New Home Guarantee to help first home buyers purchase a new home sooner. The NHG Supports you to build or buy a new home, with higher property price caps available in selected areas.


FHLDS Special Offer Classic Home Loan - <95%

2.94 % PA

Interest Rate

2.97 % PA

Comparison Rate*


How does it work?

The New Home Guarantee has been extended with additional 10,000 places available from 1 July 2021 to 30 June 2022.

The Australian Government, through the National Housing and Finance Investment Corporation (NHFIC) provides a guarantee that will enable first time buyers to purchase a home with a deposit of as little as 5% without paying Lenders Mortgage Insurance (LMI).

Eligible New Home Guarantee properties include

  • newly-constructed dwellings
  • off-the-plan dwellings
  • house and land packages
  • land and a separate contract to build a new home

Who is eligible?

Applicants under the Scheme will be subject to scheme eligibility criteria, including but not limited to criteria in relation to income thresholds and property prices. The Scheme will apply to owner-occupied loans on a principal and interest basis. QBANK standard credit eligibility criteria, terms and conditions, fees and charges will apply to loans under the Scheme.


More information on New Home Guarantee

If you would like to know more about the Scheme please download New Home Guarantee Fact Sheet, view the New Home Guarantee Information Guide or visit the NHFIC NHG website. For more information about QBANK Home Loans (including credit eligibility criteria, terms and conditions, fees and charges) please visit our Home Loan Key Fact Sheet.



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Terms and Conditions apply to home loans and are provided with our loan offer. Fees and charges apply.

Interest rates current as at 21 June and are subject to change without notice.

If you would like to know more about the Scheme please visit

*WARNING: This comparison rate is 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. The comparison rate displayed is calculated based on a loan amount of $150,000 over a 25 year term.


  • 1 Valid for home loan applications of $150,000 or more of new lending for owner occupiers and is available for a limited time only. Interest only not available. Offer may be withdrawn at any time. Offer not valid for redraw of advance repayments, existing QBANK members switching loans or internal refinances.