First home buyers - get up to $2,500** cashback
Start smart with $2,500 cashback when you buy your first home. Let your local lending expert help you buy your first home sooner.
**For eligible owner-occupied home loans, paid into your account. T&C's and credit criteria apply.
Think of it as our housewarming gift to you!
Our cashback offer
Right now, first home buyers can claim $2,500 cashback** on Greater Bank home loans.
Check your eligibility
Our offer is available for owner-occupied loans of $250,000 and over, with a loan to value ratio (LVR) less than, or equal to 95%.
What is a loan to value ratio or LVR?
Your loan to value ratio 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 also helps determine whether Lenders Mortgage Insurance (LMI) will be applicable.
Great Rate Home Loan
Great Rate Variable Home Loan
#Discounted Great Rate Home Loan variable rate, owner occupied, principal and interest
Great Rate 2yr FIxed Rate Home Loan
~Great Rate Home Loan 2 year fixed, owner occupied, principal and interest
What is the lending process?
You’ve probably got a million things on your mind when buying a home, but the lending process shouldn’t be one of them.
Here at Greater Bank, we’ve made our lending process simple and fast, leaving you with more time and energy to focus on other things.
We’ve narrowed our process down into four easy steps:
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.
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.
Get in touch
Speak to our contact centre
Monday to Friday 8:00am - 6:00pm AEST.
Saturday 8:00am - 1:00pm AEST.
Terms, conditions, fees, charges and credit criteria apply.
**$2,500 cashback for loans ≥$250,000 with LVR less than or equal to 95%. Only one (1) Cashback Payment per eligible loan, and for first eligible loan only. All borrowers must be a first home buyer, which means they have never owned or co-owned a residential property. Not available in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full First Home Buyer Cashback Offer Terms and Conditions here.
^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 other loan amounts might result in a different comparison rate.
#Discounted rates available for new home loans $150k+, with LVR of 80% or less.
~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.
‡A prepayment fee applies to fixed rate loans if you make more than 5% in extra payments. Contact us before making additional repayments to get an estimate of the prepayment fee.
Interest Only home loans attract a 0.10% p.a. margin above the applicable Principal and Interest interest rate. Your interest rate which includes any margins, will be set out in your loan contract.