Bendigo Bank partnerships unlock another 10,000 homes

Thousands of aspiring homeowners have become property owners faster than they imagined thanks to Bendigo Bank's support for government housing schemes.

The Bank’s support for these schemes has now helped more than 10,000 customers turn their home ownership dreams into reality with Bendigo Bank CEO Richard Fennell saying the bank was pleased to get even more Australians into home ownership sooner.

“In an environment where housing affordability can be a challenge for many, especially our young people, Bendigo Bank is proud to partner with the federal and state governments to support our customers in their journey to home ownership,” Mr Fennell said.

Bendigo Bank has supported several government home lending initiatives since 2020, including the Australian Government 5% Deposit Scheme (previously the Home Guarantee Scheme), the NSW Shared Equity Homebuyer Helper, and the Victorian Homebuyer Fund.

The schemes accelerate the path to home ownership by providing eligible customers from participating lenders with a government-funded shared equity contribution or guarantee to support the purchase of a home.

Mr Fennell said Bendigo Bank remains committed to supporting more Australians into affordable and secure housing.

“Bendigo Bank has a track record of partnering to deliver positive customer outcomes. The Bank has now provided more than $4 billion in lending and assisted more than 10,000 customers with their home ownership goals through government schemes since 2020,” Mr Fennell said.

“Bendigo Bank’s purpose is to feed into prosperity. By partnering with government and offering these schemes, together we can do even more to support the aspirations of our customers and strengthen local communities.”

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