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Owe to Own - Greater Bank

Switch from OWE to OWN

Rates Updating

Over 75%* of Greater Bank customers are ahead on their loan. Make the switch today to see why!


  • No establishment fee
  • No ongoing fees


  • Flexible repayments+
  • Free redraw online available


  • Discounted variable rates available#

Great Rate Home Loan

A Great Rate Home Loan from Greater Bank is a low interest rate home loan that's easy to use. With no establishment fee, low interest and no monthly or annual fees, you could save thousands of dollars!

Why choose our Great Rate Home Loan?

No monthly fees, no establishment fee and no annual fees.
Borrow up to 95% of your property value, or avoid Lender’s Mortgage Insurance by securing a deposit of 20% or more.
Discounted interest rates for new loans borrowing more than $150,000 with an LVR 80% or below. (Line of Credit facilities excluded).
Free unlimited redraw available around the clock via online banking.

See how much you could save!

What will your repayments look like?

Our Awards

Customer Owned Institution of the Year 2021 - Greater Bank


Best Customer-owned Institution

Mozo People's Choice 2021 Award for Mobile Banking Experience


Mobile Banking Experience

Rate City Gold Award 2020 for 5 Year Fixed home Loan


Great Rate Home Loan (5 year fixed)

Subject to meeting Greater Bank's lending criteria. Greater Bank Limited ABN 88 087 651 956. AFSL/Australian credit licence No. 237476.

*77.2% of Greater Bank home loan customers were more than one month ahead of their minimum monthly repayments as at 31 July 2021.

~At the end of the fixed-rate period customers can choose to re-fix their loan for another fixed-rate period or let the loan revert to the applicable variable interest rate based on the loan and repayment type.

^Comparison rate is based on $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

#Discounted rates include a discount on Home Loans of $150,000 or over and Home Loans with an LVR 80% or below and apply to new borrowings only. Discounted rate not available for Line of Credit facilities.

+ Additional costs may apply to fixed-rate loans.

All new interest-only home loans, attract a 0.10% p.a. margin above the applicable Principal and Interest base rate. All new Line of Credit home loans, attract a 0.10% p.a. margin above the applicable Line of Credit base rate. The all-up interest rate which includes any margins will be set out in your credit contract. View our Terms and Conditions.