The Application Process

Check your eligibility
Check your eligibility with the online tools provided on the NHFIC website.

Register your interest
Register your interest by filling out the online form here and making an appointment with us. We will contact to you and help you complete your home loan and scheme application.

Buy your home
Make an appointment with a MyState Bank lender to start your application
Are you eligible?
If you can tick off all of these requirements, then you’re most likely eligible to receive the offer:
- You are single or joint borrowers. If joint borrowers you are in a married or de facto relationship
- You’re at least 18 years of age
- You pass an income test
- You have at least a 5% deposit saved
- You and any other applicant are first home buyer’s
- You are going to live in the property (not an investment)
- You and any other applicant are Australian Citizens
- The property you are looking to purchase falls within the Property Price Thresholds
Find out more about the eligibility requirements on the official NHFIC website and by downloading the FHLDS Fact Sheet along with the FHLDS Frequently Asked Questions Sheet.
For more detailed information, please view the Scheme Information Guide.
Income test
The Scheme includes an income test for:
- Singles – your taxable income for the previous financial year must not be more than $125,000
- Couples – your combined taxable income for the previous income year must not be more than $200,000
For applications received from 1 July each financial year, it is a requirement that you have your ATO Notice of Assessment from the previous financial year completed.
Property Price Thresholds
There is a maximum property purchase price under the Scheme which applies in capital cities, large regional centres and regional areas. You can find a list of the property price thresholds as well as a tool to search by postcode on the NHFIC website.
We’re here to help
With over 50 years experience our local, friendly staff can help you find what you're looking for.