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The Greater Advantage

The Greater Advantage

Interest Rate 2.19 %# p.a.
Comparison rate 2.20 %^ p.a.
Discount variable rate, owner occupied, principal and interest

Greater Bank home loans are full of greater advantages to help you get ahead.

Join the 75%* ahead on their home loan and gain your greater advantage with Greater Bank.

What is the Greater Advantage?

At Greater Bank, our Home Loan Experts give customers Greater Advantages.

Advantages like the fact that we'll visit you at your place, at a time that works for you.

Our home loans have low rates and low fees, to help you in paying off your loan sooner.

To switch and save with us you don’t even have to talk to your current lender.

Discover how we optimise home loans and why so many of our customers are ahead on theirs.

The Greater Advantages

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.

Even though interest rates are low, there are great savings to be made.

So to own your home sooner, rather than helping fund shareholders, talk with our Home Loan experts and gain your greater advantage.

See how much you could save by switching!

Here's how we can help

Looking for a Greater Advantage on your Home Loan?

 

Greater Bank’s Great Rate Home Loan gives you exactly that.

Save with this great low rate (...it really is a great rate).

Plus, no monthly fees, no annual fees and no establishment fees.

To save, talk with our Home Loan experts and gain your greater advantage.

Great Rate Home Loan

Interest rate 2.19 %# p.a.
Comparison rate 2.20 %^ p.a.
Discount variable rate, owner occupied, principal and interest
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 redraw available around the clock via online banking.

Here's how we can help

Our lenders work for you, not on commission

If you’re looking to talk with a mortgage broker, don’t forget the advantages of Greater Bank’s Home Loan Experts.

Firstly, we don’t work on commission! We work on finding you the best home loan fit to help you get ahead.

Plus, we follow your loan through every step of the process – so you avoid dealing with different departments.

For greater value Home Loans and ALL your banking needs, talk with a bank, that’s happy to talk to you.

 

Here's how we can help

Getting your first home with a Family Pledge loan

To gain a great advantage on getting your first home, our Family Pledge Loan lets you use the equity of your parent’s home as a deposit.

This way you avoid paying Lenders Mortgage Insurance and once you’ve built the equity in your own home, you can remove their liability from the loan.

Thanks, mum and dad!

Talk to our Home Loan Experts about the Family Pledge Loan, and gain your greater advantage.

How much could you borrow?

Here's how we can help

Understanding Lender's Mortgage Insurance

Unless you’ve ever gone through the process of buying a home, chances are you’ve never heard of Lenders' Mortgage Insurance. It’s not an essential piece of knowledge unless you’re trying to calculate how much to save for your deposit when trying to secure a Home Loan.

Our home loans are full of greater advantages to help you get ahead

 

 

Advantages 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.

Join the 75%* ahead on their home loan and gain your greater advantage with Greater Bank.

Calculate your potential repayments

Here's how we can help

How does redraw work?

If you’ve been putting extra money towards your home loan, a redraw facility lets you re-borrow your extra repayments. What’s more – for Greater Bank customers, redraw is easy and free via Online Banking and our App.

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.

This can give you access to a lower rate sooner.

What's more, to switch you don’t even have to talk to your current lender.

Chat with our Home Loan Experts about FASTRefi® and owning your home sooner.

Refinance Calculator

Here's how we can help

Should I refinance?

Whether you’ve had your loan for a number of years and your needs have changed, or you just have a sneaking feeling you could get a better deal, a mortgage refinance might be right for you.

Check out our Home Loans for yourself

We're not the only ones impressed by the Greater Advantage

Mozo Expert's Choice 2022 Home Lender of the Year - Greater Bank

2022

Mozo Expert's Choice

Home Lender of the Year

Mozo Expert's Choice 2022 Fixed Rate - Greater Bank

2022

Mozo Expert's Choice

Ultimate Home Loan (Discount)

Customer Owned Institution of the Year 2021 - Greater Bank

2021

Money Magazine

Best Customer-Owned Institution

2021

Mozo People's Choice

Outstanding Customer Satisfaction

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 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 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 90% 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.