Mortgageport is proud to be an approved lender on the Government’s FHLDS lending panel. The scheme allows first home owners to buy a home with only 5% deposit - without paying mortgage insurance.
based on a loan of $760,000 loan with a $40,000 deposit.
Phone 1800 100 747
Secure your spot
Home loan pre-approval within 14 days
Find your home and full approval within 90 days
120 days to settle
1-year fixed rate
A one-off payment of $2,000.00 is credited to your nominated bank account within 30 days of your loan settling, provided the loan first settles after the 1st August 2021 and before the 4th February 2022 and you have paid the application fee within 14 days of having your FHLDS place reserved with NHFIC by Mortgageport. This offer may be withdrawn without notice by Mortgageport at any time. This offer is only available to borrowers who meet the FHLDS eligibility criteriaDownload Product Sheet
# Comparison rates are based on a secured loan of $150,000 over a term of 25 years.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or discharge fees early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
~ Interest rates are correct as of 1st July 2021 and are subject to change.
To make things easier, the Government and NHFIC have created an online tool to help you understand whether you are eligible for the scheme.
The government has also developed a tool to help first home buyers find out the property price cap for the suburb in which they are looking to purchase a property.