Investing In Property
If you're looking to invest in property the Greater has got your needs covered.
Choice of Interest Rates
You have the choice between our competitive Standard Variable Interest Rate or a Fixed Interest Rate. View Interest Rates
Choice of Repayment Type
You can choose to make principal and interest payments to ensure your loan balance will reduce or interest only payments (5 year maximum) if you prefer to minimise the amount you are required to pay.
Choice of Loan Products
You may find that the flexibility of our Mortgage Express or Line of Credit loans may suit your investment needs.
A Line of Credit is excellent for investment purposes as it is an ongoing facility that can be used over and over again.
No Ongoing Monthly Account Keeping Fees
Our Variable and Fixed Rate Investment Loans do not have any of the monthly fees that other institutions often charge.
Redraw Facility
You may be able to redraw the excess payments you have made to your loan.
Redraws made via the Greater's Internet Banking service are free of charge, have no restrictions on the number or amount of redraws you make and are available immediately if transferred to a Greater account.
A $20 fee and $2,000 minimum applies to redraws processed manually. These funds are usually credited to your Greater savings account within 24 hours.
Savings Account Free of Greater Transaction Fees
Unlike many other financial institutions, the Greater does not charge monthly account keeping fees on our Savings Accounts.
As a reward for choosing a Greater Building Society Investment Loan, you are entitled to a savings account with us that is completely free of any Greater transaction fees. If your loan is a Line of Credit or Mortgage Express, that facility is the fee free account you are entitled to.
If you are paying these fees at another institution now you will understand how much you may save by becoming a Greater borrower.
To make an application for an Investment Loan call us on 1300 721 253.
Defence Housing Australia
The Greater has teamed up with Defence Housing Australia (DHA). DHA's investment program has been carefully designed to overcome many of the hassles associated with conventional property investment.
More on Defence Housing Australia
Deposit bonds
When people buy a home one of the most important steps is to enter into a contract. To do so, it may be necessary to pay up to 10% of the purchase price as a deposit at the time contracts are signed. Purchasing a Deposit Bond can allow you to meet this requirement without having to worry about arranging a cash deposit.
More on Deposit bonds
