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Get up to $4,000 cashback++ with a Greater Bank home loan

Get up to $3,000 Cashback!

Interest rate 5.94 %# p.a.
Comparison rate 5.95 %^ p.a.
~Discount variable rate, owner occupied, principal and interest

Ready to make the switch? Refinance to gain your greater advantage and get up to $3,000 cashback++

++For eligible owner-occupied and investment home loans, paid into your account. T&Cs and eligibility criteria apply.

Here’s how our home loan cashback offer works

Get $3,000 cashback

Claim $3,000 cashback++ for new or refinanced loans of $500,000 or more, with a loan-to-value ratio of less than or equal to 80%.

Available on owner-occupied and investment home loans, with cashback paid into your account.

Get $2,000 cashback

Claim $2,000 cashback++ for new or refinanced loans between $250,000 - $499,999, with a loan-to-value ratio of less than or equal to 80%.

Available on owner-occupied and investment home loans, with cashback paid into your account.

Gain your Greater Advantage

Greater Bank home loans are full of greater advantages to help you get ahead. Advantages like the fact that we'll visit you at your place, at a time that works for you. Discover how we optimise home loans and why so many of our customers are ahead on theirs.

Switch your home loan from the Big 4 banks and save

Our home loans are full of greater advantages to help you save, like the savings you could make against any of the Big 4 Banks.

Refinance in as little as 72 hours

If you have a home loan but would like to switch and save, with FASTRefi® we can have you refinanced and saving within days.

Getting your first home

Our Family Pledge Loan lets you use the equity of your parent’s home as a deposit, avoiding costly Lenders Mortgage Insurance.

Our loan features help you get ahead

Features like free online redraws, competitive rates with low fees. What's more, we offer flexible repayment options and encourage you to get ahead on your home loan.

See how much you could save by switching

Compare Home Loans

Compare 5 products
Great Rate Home Loan
Perfect if you’re after great value and no ongoing fees.
Ultimate Home Loan
Our ultimate in loans. Offering the flexibility of fixed or variable rate, or a mixture of both.
Line of Credit
Our Line of Credit helps you make the most of the equity in your home.
Ultimate Investment Home Loan
Combining great value with a range of features designed to make investing easier.
Great Rate Investment Home Loan
With low-interest rates and no monthly or annual fees, we've made investing simple.
Interest rate 5.94 %# p.a.
Comparison rate 5.95 %^ p.a.
~Discount variable rate, owner occupied, principal and interest
Interest Rate 6.13 %# p.a.
Comparison rate 6.50 %^ p.a.
~Discount variable rate, owner occupied, principal and interest
Interest rate 8.80 % p.a.
Line of Credit home loan base rate
Interest rate 6.19 %# p.a.
Comparison rate 6.56 %^ p.a.
~Discount variable rate, principal and interest
Interest rate 6.09 %# p.a.
Comparison rate 6.10 %^ p.a.
~Discount variable rate, principal and interest
Key Features
Great if you want a low-rate no-frills home loan.
Key Features
Great if you want a packaged home loan with a low rate and added benefits.
Key Features
Great if you want a continuous credit facility to access the equity in your home.
Key Features
Great if you want a great value packaged loan to invest in property.
Key Features
Great if you want a simple, no-nonsense investment loan with competitive rates.
Interest only available
Fixed rates available
Minimum deposit required (without requiring mortgage insurance or a Family Pledge)
20% of purchase price (plus costs)
Maximum loan term
30 years
Parental guarantee available
Property location
NSW, ACT & QLD
Multiple offset accounts
Free redraw online
Additional repayments
Split loan option
Can be used for land & construction (variable rates only)
Can be used for refinance
FASTRefi®
Available if self employed
Repayment holiday
Ongoing fee
Interest only available
Fixed rates available
Minimum deposit required (without requiring mortgage insurance or a Family Pledge)
20% of purchase price (plus costs)
Maximum loan term
30 years
Parental guarantee available
Property location
NSW, ACT & QLD
Multiple offset accounts
Yes. Available once loan reverts to a variable interest rate.
Free redraw online
Additional repayments
Split loan option
Can be used for land & construction (variable rates only)
Can be used for refinance
FASTRefi®
Available if self employed
Repayment holiday
Ongoing fee
$395 p.a. Package fee
Interest only available
Fixed rates available
Minimum deposit required (without requiring mortgage insurance or a Family Pledge)
20%-25% dependent on security taken
Maximum loan term
N/A
Parental guarantee available
Property location
NSW, ACT & QLD
Multiple offset accounts
Free redraw online
Additional repayments
Split loan option
Can be used for land & construction (variable rates only)
Can be used for refinance
FASTRefi®
Available if self employed
Repayment holiday
Ongoing fee
$10 per month
Interest only available
Fixed rates available
Minimum deposit required (without requiring mortgage insurance or a Family Pledge)
20% of purchase price (plus costs)
Maximum loan term
30 years
Parental guarantee available
Property location
NSW, ACT & QLD
Multiple offset accounts
Yes. Available once loan reverts to a variable interest rate.
Free redraw online
Additional repayments
Split loan option
Can be used for land & construction (variable rates only)
Can be used for refinance
FASTRefi®
Available if self employed
Repayment holiday
Ongoing fee
$395 p.a. Package fee
Interest only available
Fixed rates available
Minimum deposit required (without requiring mortgage insurance or a Family Pledge)
20% of purchase price (plus costs)
Maximum loan term
30 years
Parental guarantee available
Property location
NSW, ACT & QLD
Multiple offset accounts
Free redraw online
Additional repayments
Split loan option
Can be used for land & construction (variable rates only)
Can be used for refinance
FASTRefi®
Available if self employed
Repayment holiday
Ongoing fee
Enquire now Enquire now Great Rate Home Loan Enquire now Enquire now Ultimate Home Loan Enquire now Enquire now Line of Credit Enquire now Enquire now Ultimate Investment Loan Enquire now Enquire now Great Rate Investment Loan

Why Should I Refinance?

Refinancing your home loan can be a smart financial move that can potentially save you money in the long run.

By refinancing your mortgage, you may be able to secure a lower interest rate, which can lead to lower monthly payments and significant savings over time.

With our competitive rates and expert guidance, refinancing with us is a simple process.

Steps to Refinancing Your Home Loan

Make an enquiry

Drop us your details in under a minute using our quick online form.

Enquire now

We'll be in touch

Your local lending expert will reach out at a time and place that suits you.

Complete your application

Your lender will do all the heavy lifting, and will be in touch regarding the status of your application.

Cashback questions answered

Your Greater Bank lender will help you understand when you should refinance. Read more about it here.

Right now, we’re offering a number of home loan cashback offers when you apply by 31 May 2024.

The offers exist for both owner-occupier and investment purposes, and are available on our Great Rate Home Loan, Ultimate Home Loan, Great Rate Investment Home Loan and Ultimate Investment Home Loan.

The cashback offer is for new borrowings only.

Our two cashback offers are:

  • $3,000 cashback if the amount of credit is $500,000 or more and your loan to value ratio is less than or equal to 80%
  • $2,000 cashback if the amount of credit is between $250,000 - $499,999 and your loan to value ratio is less than or equal to 80%

To claim one of our cashback offers, why not start a conversation with an expert Greater Bank lender today?

Enquire now Enquire now

View the full Terms and Conditions for our Cashback Offer here.

You will receive your Cashback upon the settlement of your new home loan. View our full Cashback Terms and Conditions.

It is the amount of money you intend to borrow, compared to the value of the property (not necessarily the selling price) you're looking to buy.

We use the LVR when assessing your home loan application. It’s also helps determine if you need to pay Lenders Mortgage Insurance (LMI).

For example:

 

Amount you intend to borrow Value of purchase property Therefore what the LVR is
$400,000 $500,000 80%

Yes, our cashback offers apply to our eligible home loan products with both fixed and variable interest rates.

View the full Terms and Conditions of our cashback offer here.

Yes, our cashback offers can be claimed for eligible loans with both principal and interest (P&I) and interest-only repayment structures.

View the full Terms and Conditions of our cashback offer here.

Can't quite find what you're after?

Drop into a branch

Our friendly staff are happy to help with all your banking needs. Find a location near you across NSW and South East QLD.

Find a branch

Can’t make it to a branch?

Our mobile lenders are more than happy to come to you. Find a lending expert close to you and request a callback today.

Find a lender near you

Get in touch

Speak to our contact centre
Monday to Friday 8:00am – 6:00pm AEST.
Saturday 8:00am to 1:00pm AEST

Call 13 13 86

*Conditions, fees and charges apply to all loans. Subject to meeting Greater Bank's lending criteria.

Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273 

++ $2,000 cashback for loans ≥$250,000 with LVR of less than or equal to 80%, or $3,000 cashback for loans ≥$500,000 with LVR of less than or equal to 80%,. Applications must be submitted by 31/05/2024 and funded by 31/08/2024. Only one (1) Cashback Payment per eligible loan, and for first eligible loan only. Not available in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full Cashback Offer Terms and Conditions. Terms, conditions, fees, charges and credit criteria apply.

~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 for owner occupied Home Loans with an LVR 80% or below and for investment Home Loan 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 if your loan has a fixed rate.

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.

 

FASTRefi® is a registered trademark of First American Title Insurance Company of Australia Pty Limited ABN 64 075 279 908.