Family Pledge Home Loan

Our Family Pledge Home Loan is designed to make the dream of home ownership a reality for the next generation, offering a unique way to support your loved ones on their journey to owning a home.

Family Pledge Home Loan

The Family Pledge Home Loan allows existing homeowners to use the equity in their property as security for a family member’s home loan. This innovative approach enables borrowers to secure a loan of up to 110% of their property’s value, covering not just the purchase price but also essential costs like stamp duty and legal fees.

Key Features & Benefits:

Leverage Home Equity: Use your home’s equity in place of a traditional deposit, empowering the next generation of homeowners in your family.

Borrow Up to 110%: Make home ownership more accessible by borrowing up to 110% of the property’s value.

Flexible Loan Options: Choose from variable or fixed rate options to find the perfect fit for your financial needs.

No LMI Premiums: Enjoy the benefits of borrowing without the added cost of Lenders Mortgage Insurance (LMI) premiums.

Why Choose the Family Pledge Home Loan?

At Family First Bank, we understand the importance of family and the role it plays in achieving life’s milestones. Our Family Pledge Home Loan is more than just a financial product; it’s a commitment to providing support and flexibility for families looking to grow and secure their future together.

Get Started Today

Ready to give them the keys to their future? Learn more about how the Family Pledge Home Loan can help your family achieve its home ownership goals. Contact us today to discuss your options with one of our friendly and knowledgeable team members.


For more information on the Family Pledge Home Loan and other ways Family First Bank can support your financial journey, visit your local branch or call us directly at 1300 369 900

Terms & Conditions:

Guarantors are restricted to immediate family (e.g. parent(s)) and must be members of Family First Bank. A guarantor must obtain independent legal advice and Family First Bank must be provided proof of such advice being obtained. Should the applicant default on the loan then the guarantor may be liable for the guaranteed portion. A registered first mortgage over the guarantor’s property is required. Credit eligibility criteria, terms and conditions, fees and charges apply. To decide if a product is right for you, please carefully read the following documents: Account & Access Facility Booklet (containing Conditions of Use), Target Market Determination (TMD) for the relevant loan product, Summary of Accounts & Access Facilities, Financial Services Guide, Lending Rates & Fees Schedule, Credit Guide and Fees and Charges Schedule. Credit Provider is Family First Credit Union Limited ABN 39 087 650 057 AFSL and Australian credit licence 241068

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