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Home Loans - Greater Bank

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.

Home Loans - Greater Bank
Featured rate

Great Rate Home Loan

Interest rate 1.79 % p.a.
Comparison rate 3.35 %^ p.a.
~2 year fixed, owner occupied, principal and interest

Our simple, low rate loan that’s perfect if you’re after great value and no ongoing fees. Our Great Rate loan lives up to its name and offers flexible repayment and loan term options.

No monthly fees, no establishment fee and no annual fees.
Ability to pay off your loan sooner by making additional repayments.
Available as a guarantor loan – borrow up to 110% of the value of your property.

Ultimate Home Loan

Interest Rate 1.79 % p.a.
Comparison rate 3.59 %^ p.a.
~2 year fixed, owner occupied, principal and interest

Our ultimate in loans. Our Ultimate Home Loan offers the flexibility of fixed or variable rate, or a mixture of both. What's more, it features a linked offset account and unlimited free online redraws.

No establishment fee.
Discounts on Insurance with an annual fee-free Credit Card.
Available as a guarantor loan – borrow up to 110% of the value of your property.

Line of Credit

Interest rate 3.90 % p.a.
Ultimate Line of Credit home loan base rate

Our Line of Credit helps you make the most of the equity in your home. Great if you’re thinking about renovating, investing, or just want more flexibility.

Easy to use and affordable access to ongoing credit when you need it.
No transaction fees , and a low $10 monthly facility fee (Third party service charges may apply).
Flexible repayment options with access to discounted Insurance through our partner, Allianz.

Ultimate Investment Home Loan

Interest rate 1.89 % p.a.
Comparison rate 4.07 %^ p.a.
~1 year fixed, principal and interest

Our Ultimate Investment loan combines great value with a range of extra products designed to make investing easier.

No establishment fee, with a range of rates to suit your Loan to Value Ratio (LVR).
Flexible repayment options and loan terms.
Fee-free everyday banking and an annual fee-free Credit Card.

Great Rate Investment Home Loan

Interest rate 2.19 % p.a.
Comparison rate 3.58 %^ p.a.
~3 year fixed, principal and interest

With low-interest rates and no monthly or annual fees, we've made investment simple.

No monthly or annual fees – no hidden surprises.
Flexible repayment options and loan terms.
Access to discounted insurance through our partner, Allianz.

Compare Home Loans

Compare 5 products
Great Rate Home Loan
Our simple, low rate loan that’s perfect if you’re after great value and no ongoing fees. Our Great Rate loan lives up to its name and offers flexible repayment and loan term options.
Ultimate Home Loan
Our ultimate in loans. Our Ultimate Home Loan offers the flexibility of fixed or variable rate, or a mixture of both. What's more, it features a linked offset account and unlimited free online redraws.
Line of Credit
Our Line of Credit helps you make the most of the equity in your home. Great if you’re thinking about renovating, investing, or just want more flexibility.
Ultimate Investment Home Loan
Our Ultimate Investment loan combines great value with a range of extra products designed to make investing easier.
Great Rate Investment Home Loan
With low-interest rates and no monthly or annual fees, we've made investment simple.
Interest rate 1.79 % p.a.
Comparison rate 3.35 %^ p.a.
~2 year fixed, owner occupied, principal and interest
Interest Rate 1.79 % p.a.
Comparison rate 3.59 %^ p.a.
~2 year fixed, owner occupied, principal and interest
Interest rate 3.90 % p.a.
Ultimate Line of Credit home loan base rate
Interest rate 1.89 % p.a.
Comparison rate 4.07 %^ p.a.
~1 year fixed, principal and interest
Interest rate 2.19 % p.a.
Comparison rate 3.58 %^ p.a.
~3 year fixed, 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
Fast refi
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
Fast refi
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
Fast refi
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
Fast refi
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
Fast refi
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

Choose the right home loan with our handy calculators

Borrowing Power Calculator

Repayments Calculator

Home Loan Comparison Calculator

Stamp Duty Calculator

Home Loan Key Fact Sheet

Got a question about our home loans?

Greater Bank offers a number of ways for customers to kick-start what will surely be one of life’s most exciting experiences – buying a home.

You can start a conversation with Greater Bank today by

No one loan is perfect for everyone.

At Greater Bank, we understand that every one of our valued customers have different needs and are at different stages in their lives.

The right loan for you depends on these needs.

A variable rate loan means that the interest rate on the loan may go up and down over the loan period. This allows you to make additional or early repayments to take advantage of interest rate fluctuations.

A fixed rate loan means that the interest on the loan remains constant over a fixed period, so your repayments will stay the same. You will be able to budget for your repayments and are protected from rises in interest rates.

Still have questions? Contact a friendly Greater Bank staff member on 13 13 86 or visit your nearest branch.

It is the amount of money you intend to borrow, compared to the value of the property (not 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.

At Greater Bank, we know sometimes it's hard for you to visit us when applying for a home loan, so we will come to you. Our experienced Lenders can visit you at home or work, at a time that suits you. Whether you’re considering a new home loan or swapping your current home loan to Greater Bank, our Lenders are here to help make your life greater.

Get in touch with a Mobile Lender near you - Find a lender

Construction and Land loans

Building your dream home or planning a major renovation? Greater Bank Construction and Land loans can help, regardless of whether you’re building your home whilst purchasing the land, or are building on land you own.

Reverse Mortgages

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.

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.

~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.

**Our Great Rate Home Loan Variable Discounted Special Offer rate applies from 6 July 2021 and only includes owner occupied loans of $150,000 and over where new security is offered with an LVR of 60% or below. All new interest-only home loans, attract a 0.10% p.a. margin above the applicable Principal and Interest base rate.