Self-Employed Lending | Clarity Call

Buy your first home sooner with only a 5% deposit

Learn how the 5% Deposit Scheme and Help to Buy program work — and how to use them smartly.

Saving 20% is hard — but 5% helps you get in sooner.

These programs exist to help you get into the market sooner — with clarity, confidence, and support.You get the right advice from a specialist who understands the scheme inside out.

The Challenge for First Home Buyers

First home buyers often feel overwhelmed

Confusing eligibility rules

Don’t know how much they can afford

Unsure about the government’s equity share

Worried about borrowing capacity

Scared to make a mistake

The 5% Deposit Strategy System

We Explain

How the schemes work

Eligibility

How Bank Australia is the broker-accessible option

How equity-share affects repayments

How to calculate real deposit numbers

How to compare 5% vs. 2% vs. shared equity

How to negotiate with agents

What happens in your 5% Deposit Gameplan Call

Step 1

Eligibility check

Income, citizenship, residency, prior ownership.

Step 2

Borrowing capacity & deposit breakdown

Real numbers, not estimates.

Step 3

Scheme selection

Which (if any) program fits your situation.

Step 4

Roadmap to buying

Clear steps + timeline + bank options.

Why This Works

Business owners don’t fit into a generic policy box — so I don’t treat you like a generic borrower. As a CPA and mortgage strategist, I translate your financial position into a structure lenders understand. You stay focused on your business. I handle the numbers.

Book your 5% Deposit Gameplan Call

15 minutes • No documents needed

Book your 5% Deposit Gameplan Call Download the First Home Buyer Guide

Frequently Asked Questions

Do I really only need 5%?

Yes — under the 5% Deposit Scheme you must save a minimum 5% deposit of the property value to be eligible (for first home buyers). The Government provides a guarantee that lets your lender treat this like a larger deposit, helping you avoid Lenders Mortgage Insurance (LMI). You’re still responsible for all other costs (stamp duty, fees, legal costs, loan repayments, etc.).

Which banks participate?

There’s a panel of Participating Lenders authorised by Housing Australia that can offer the Scheme — including major banks and other lenders. Big lenders like Commonwealth Bank (CBA), National Australia Bank (NAB) and Westpac are known participants.

What’s the government share?

With the 5% Deposit Scheme, the Government doesn’t ‘own’ part of your home and doesn’t give you cash — instead it guarantees part of the loan to your lender (up to about 15% of the property value) so the lender doesn’t charge LMI. You own 100% of your home and are fully responsible for repayments.

What happens when I sell?

For the 5% Deposit Scheme itself:

You sell your home like any other property — you repay your home loan (plus costs).

The Government’s guarantee ends once the loan is repaid in full.

There’s no requirement to pay anything back to the government beyond your normal loan repayment.

Can I use the scheme for new builds?

Yes — the Scheme can be used to buy:

Existing homes

New builds

House and land packages

Off-the-plan apartments

Vacant land with a building contract

as long as the total meets eligibility criteria (price caps and lending rules) and you’re buying to live in (owner-occupier