Great If:

You’re after a simple loan with no ongoing fees

You'd like competitive interest rates

You’d like the flexibility of either a fixed or variable term

Key Features

Great Rate Variable Home Loans are completely fee free

Unlimited free redraws through Internet Banking

Flexible repayments – you can choose to pay weekly, fortnightly or monthly. Flexible loan terms up to 30 years^

Ability to make unlimited additional payments, meaning you pay off your loan sooner and save thousands in interest

Borrow up to 95% of property value. Avoid Lender’s Mortgage Insurance with a deposit of 20% or more

View our Home Loan Key Fact Sheet

Apply for Great Rate Home Loan It’s just that simple! Make an enquiry

I want to

  • Renovate my home

    Maybe after many years, your house is a little rough around the edges. We’re right behind motivated property-owners looking to better their home.

  • Stop paying rent

    Maybe you’ve just realised how much per year you’re paying in rent, or you’re sick of dealing with the drama of finding a room-mate each time your lease is up. Whatever the reason, you’re in the right place.

Repayments Calculator

Work out what your minimum monthly repayments would be on your Greater Bank Home Loan.

Calculate Now

Home Loan Selector Tool

Not sure which loan is the right fit for you? We've made getting the right deal a breeze with our handy selector tool.

Get Started

Know your Borrowing Power

Find out how much you can borrow based on your salary and existing financial commitments.

Let's Begin

Applying for a Greater Bank Home Loan

At Greater Bank, we don’t think you should have to move heaven and earth just to get a home loan. That’s why we’ve made the application process as simple as possible with three easy steps.

  • 1

    Get in Touch

    Contact us online, over the phone or in your local branch so that we can give you all the information you need to meet with one of our lending experts.

    Enquire Online
    Get in touch with us on
    1300 721 253
  • 2

    Meet and Apply

    We’ll organise a time for you to meet with your local lender so they can guide you through the application process.

    We can even come to you!

  • 3

    Approval

    We’ll do all the hard work from here. Your lender will complete your paperwork and notify you once your loan has been approved.

    Kickstart your home loan application today

Interest Rates

Rates are effective as at Sunday 28/08/2016

 

Great Rate Home Loan* Discount ($150K+ & LVR ≤85%) # Comparison Rate^
Variable   3.89 % p.a. 3.89 % p.a.
1 Year Fixed 3.79 % p.a. 4.24 % p.a.
2 Year Fixed 3.94 % p.a. 4.23 % p.a.
3 Year Fixed 3.98 % p.a. 4.21 % p.a.
4 Year Fixed 3.94 % p.a. 4.17 % p.a.
5 Year Fixed 3.94 % p.a. 4.15 % p.a.

 

Great Rate Home Loan* Interest Rate Comparison Rate^
Variable 4.29 % p.a. 4.29 % p.a.
1 Year Fixed 3.99 % p.a. 4.26 % p.a.
2 Years Fixed 4.14 % p.a. 4.26 % p.a.
3 Years Fixed 4.18 % p.a. 4.26 % p.a.
4 Years Fixed 4.14 % p.a. 4.24 % p.a.
5 Years Fixed 4.14 % p.a. 4.23 % p.a.

 

You might also be interested in:

Ultimate Home Loan

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

Line of Credit

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

Construction and Land Loans

Let you borrow up to 90% of the combined value of your house and land.

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.

Greater Bank 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?

Get started

Refinance/Switch to Greater Bank

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

* 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 Home Loans over $150,000 and Home Loans with an LVR 85% or below and applies to new loans only. Does not apply to additional borrowings. If your security property is not in NSW, QLD or ACT we are unable to assist you with your enquiry. New borrowers are required to attend a Greater Bank Branch for an interview.