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Land and Construction Loans

Interest Rate 2.59 % p.a.
Comparison rate 2.60 %^ p.a.
discounted variable, owner occupied, principal and interest

With a Greater Bank discounted rate you can borrow up to 80% of the completed property value#

Our Land and Construction Loan is perfect if:

You're building a new home, buying land or if you're doing a knock-down rebuild. Our lenders can support you along the way.

Savings

  • No establishment fee
  • No ongoing monthly fees

Great Features

  • Flexible repayments+

Discounts

  • Insurance discounts

Calculate your Repayments

Apply for a Construction and Land Loan

Want to know more or apply? Contact us online today.

Our home loans are turning heads

2020

Great Rate Home Loan (5 year fixed)

2019

Money magazine - Home Lender of the Year 

2019

Home Lender Bank of the Year

Important details:
Conditions, fees and charges apply to all loans. Subject to meeting Greater Bank's lending criteria. Greater Bank Limited ABN 88 087 651 956. AFSL/Australian credit licence No. 237476.
~At the end of the fixed rate period customers can chose 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.

*77.13% of Greater Bank home loan customers were more than one month ahead of their minimum monthly repayments as at 31 December 2020.

View our Terms and Conditions.