Home Loans

We believe every Australian deserves to own their own home. To make this possible, we designed a range of award-winning loans with competitive rates and low fees. Everything you need and nothing you don’t. Simple, really.

I want to:

Ultimate Home Loan

Our ultimate in loans, combines a competitive variable or fixed interest rate with a range of great value products and services.

Designed to Make Life Greater Find out more

Compare our Home Loans

At The Greater, we like to see our customers achieve the financial dream of owning their home sooner.  That’s why we’re confident we’ve got the right loan to suit your needs.  We offer great value and our loans are easy to use.

Choose two to compare:

Ultimate Home Loan Great Rate Home Loan Line of Credit Investment Ultimate Home Loan Investment Great Rate Home Loan
Find out more Click here Click here Click here Click here Click here
How to apply Enquire online Enquire online Enquire online Enquire online Enquire online
Great if you want A package home loan with a lower rate and added benefits A low-rate no-frills home loan Continuous credit facility to access equity in your home You're looking for a great value loan to invest in property You want a simple, no nonsense investment loan with competitive rates
Interest Type Option Variable or Fixed Variable or Fixed Variable Variable or Fixed Variable or Fixed
Variable Interest Rate† 4.24% p.a. 4.09% p.a. 5.35% p.a. 4.39% p.a. 4.59% p.a.
Comparison Interest Rate^ 4.61% p.a. 4.09% p.a. N.A. 4.76% p.a. 4.59% p.a.
Loan Term Up to 30 years  Up to 30 years  Up to 30 years  Up to 30 years Up to 30 years
Maximum Loan to Valuation Ratio ǂ 95% 95% 90% 90% 90%
Repayment Type P&I or Interest Only P&I or Interest Only Interest Only P&I or Interest Only P&I or Interest Only
Extra Repayments Yes Yes Yes Yes Yes
Redraw Facility Yes Yes Yes (all-in-one facility) Yes Yes
Repayment Holiday # Yes Yes Yes Yes Yes
Portability Yes Yes Yes Yes Yes
Loan Offset Yes (100% on Variable) No Yes (100% all-in-one facility) Yes (100% on Variable) No
Fee-Free Transaction Account Yes No Yes Yes No
Waived Annual Credit Card Fee Yes No No Yes No
Insurance Discounts Yes No No Yes No
Establishment Fee Nil* Nil $500 Nil* Nil
Monthly Fee $0 $0 $5 $0 $0
Annual Fee $375 $0 $0 $375 $0

Ultimate Home Loan

Our ultimate in loans, combines a competitive variable or fixed interest rate with a range of great value products and services.

  • Interest Rate* 3.89
  • Comparison Rate ^ 4.66
#Discounted 3 Year Fixed Rate. Special offer available on new borrowings only.
Make an enquiry

Buying your first or next home

We keep it simple and spell out how you can reach settlement sooner – you’ll have the keys to your castle in no time. Check out our First Home Buyers Guide here.

Know how much you can borrow?
Why not use our handy calculator to find out? Get started.

Refinance/Switch to The Greater

How do I switch?

We make it easy to get a better deal on your home loan. Our expert lenders will hold your hand through every step of our simple process – you don’t even need to speak to your current bank.

Why should I Switch?

At The Greater, we don’t have shareholders – we are customer owned. We reinvest our profits into providing better value products and personalised service. How does this compare to your current lender?

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How to switch your home loan

Investment Ultimate Home Loan

Get a great rate with value products and services and make your investment dreams a reality

  • Interest Rate* 4.24
  • Comparison Rate ^ 4.86
#Discounted 3 Year Fixed Rate. Special offer available on new borrowings only.
Make an enquiry

Investing in property

If you’re a first-time investor or looking to further expand your portfolio, The Greater can help. We’ve put together a guide to investing – get the good word here.

Check out our Investment Loans and see how we stack-up

Investment Great Rate Home Loan

Investment Ultimate Home Loan

Use our Home Loan Calculators

When you’re in the market for real estate, it can sometimes be difficult to see the forest for the trees. Throwing around numbers and rates is one thing, but to get the right insight into what your rate and repayments mean for you in real-world terms, it’s nice to get a bit of help.

The Greater offers a range of free lending calculators that let you see your potential repayments, calculate your preferred repayments, and let you get a grip on how much you can borrow. Handy, huh?

Line of Credit

Want to get the equity in your home or residential property working harder for you?

  • Interest Rate* 5.35
Make an enquiry


Whether you need extra room for a growing family, the kids are asking for a pool, or you just want to be the envy of the street, our guide to renovating can help.

Reverse Mortgages

Wouldn't it be great if you could use the equity in your home to fund the things you'd like to do?

You can. A Reverse Mortgage enables you to use some of the money tied up in your home without having to sell it.

Whether you're thinking about Aged Care for a loved one, or just want to maintain your retirement lifestyle, a Reverse Mortgage may be the right option for you.

Find out more

How to get pre-approval for your Home Loan

What you'll need to apply

Once it's time for you to apply for a Greater Home Loan, there are a couple of things we'll need from you to kick-start the process.

While your lender will explain exactly what we'll require for your specific circumstances, it's a good rule of thumb to have the following documentation at the ready.

- Proof of your identity

- Proof of your income, including rental income (if any)

- Records of what you currently owe

- Confirmation of your deposit

- 2 years worth of financial statements (if self employed)

- Details of your Centrelink entitlements (if any)

Deposit Bonds

Our Deposit Bond is a guarantee to the vendor for all or part of the deposit until settlement.

Make an enquiry

Deposit Bonds

We understand that things don’t always go to plan when it comes to buying and selling property.

If you need to pay the deposit on your new home, but don’t yet have access to your funds, why not speak to us about a Deposit Bond?

Just because the sale of your existing home hasn’t been settled doesn’t mean you have to put the purchase of your new home at risk. 

# If you are in advance on your loan and have enough funds to continue meeting your regular minimum payment, it is possible to reduce the amount you're paying or even stop your repayments altogether. There is no approval required and no fees that apply so you can take a repayment holiday whenever you have sufficient additional payments available to do so.
* Fees, charges, terms and conditions apply to all loans.  Comparison Rate Schedules are available at your local branch.  Conditions apply.  Please read our Terms and Conditions for more information.
^ Comparison rate is based on $150,000 over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Discounted rates include a discount on our Great Rate Home Loan and Ultimate Home Loan (applications over $150,000) and Home Loans with an LVR 80% or below and applies to new loans only. Does not apply to additional borrowings. Special Offer is not available on Getaways Home Loan and Line of Credit Loan.
ǂ Maximum Loan to Valuation Ratio quoted for Owner Occupied Loans only.