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.
|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|
|Redraw Facility||Yes||Yes||Yes (all-in-one facility)||Yes||Yes|
|Repayment Holiday #||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|
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
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
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
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?
The Greater offers a range of free lending calculators which 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
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.
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)
Our Deposit Bond is a guarantee to the vendor for all or part of the deposit until settlement.
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.