Home Deposit Scheme

The Home Deposit Scheme provides financial help to individuals and couples, between the ages of 21 and 39, who are eligible for a home loan but do not have the funds to pay the 10% deposit needed at the promise of sale signing.

Applicants need to satisfy the following criteria, in order to be eligible for this Scheme:

  • Be employed on a full-time basis
  • Between 21 and 39 years of age
  • Have not more than €17,500 in liquid assets
  • Fall within one of the categories below
Categories Yearly salary
Single applicant, 21 - 30 years Between €19,000 and €25,000
Single applicant, 31 – 39 years Between €25,000 and €35,000
Couple applicants, 21 – 39 years Between €19,000 and €35,000 combined

The loan will be split into a home loan covering 90% financing (up to €157,500) at a favourable interest rate and a personal loan covering 10% financing (up to €17,500) at 0% interest for the customer, which will also be guaranteed by the Housing Authority.

What’s next?

Interested applicants may find more information on the Home Deposit Scheme here and are invited to direct any queries to the Housing Authority on scheme.ha@ha.gov.mt or call on 22991120 / 79646064.

When submitting the application, which can be downloaded from here, the loan quotation from the Bank needs to be included therefore, we recommend you also set an appointment at your nearest APS branch by completing the contact form on this page.

The Home Deposit Scheme is brought to you by APS Bank in collaboration with the Ministry for Social Accommodation and the Housing Authority.

Approved and issued by APS Bank plc, APS Centre, Tower Street, B’Kara BKR 4012. APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994. The Bank is a participant in the Depositor Compensation Scheme established under the laws of Malta. Applications are subject to the Bank’s lending criteria. Terms and conditions apply. For further information visit https://housingauthority.gov.mt/en/Pages/Schemes/-Skema-10-Depozitu-fuq-Konvenju-ghax-Xiri-ta’-Proprjetà---2020.aspx


Address (Head Office): APS Bank, APS Centre, Tower Street, Birkirkara BKR 4012, Malta - Europe

Telephone: (+356) 21226644



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APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018.