Want to reduce the cost of your home loan?
People can feel pretty trapped by their mortgage, but there are a few ways that you can really take action to reduce home loans, particularly by avoiding or offsetting fees.
The Greater Advantage
Interest Rate
5.99
%#
p.a.
Comparison rate
6.00
%^
p.a.
Discount variable rate, owner occupied, principal and interest
Greater Bank home loans are full of greater advantages to help you get ahead.
What is the Greater Advantage?
Our Home Loan Experts give customers greater advantages.
We're all about convenience, like home loan approvals that can take days, not weeks! Our local lenders can also visit you at a time and place that works for you.
Use our FASTRefi® to get ahead on your repayments. Make the switch to begin saving thousands of dollars and years off your home loan within days.
You can own your home sooner backed by our Greater Advantage to do right by our customers instead of shareholders.
The Greater Advantages
See how much you could save by switching!
Here's how we can help
Owning your home sooner
It’s the home you want, not the home loan. You’ll love just how simple we’ve made it to save on your mortgage and make the move from owe to own.
What is a home loan going to cost me?
All you need is your deposit and the property of your dreams, right? Not quite. Know exactly what you’re in for when it comes time for you to buy.
Get up to $3,000 Cashback!
Ready to make the switch? Refinance to gain your greater advantage and get up to $3,000 cashback++ For eligible owner-occupied and investment home loans, paid into your account.
Refinance in as little as 72 hours
If you have a home loan but would like to switch, our FASTRefi® can have you refinanced and saving within days.
This can give you access to a lower rate sooner.
Chat with our Home Loan Experts about FASTRefi® and owning your home sooner.
Refinance Calculator
Here's how we can help
Refinancing your home loan
Here's what to expect if you decide to refinance and join the more than 75% of our customers who are ahead on their home loans.
What to consider before you refinance
Trying to decide if refinancing is right for you? Switching lenders may offer benefits, but it’s important to be sure before moving on. Here’s how to find out if you’re ready to make the switch.
How much can I borrow for a home loan?
To help you answer your burning first home loan questions we’ve provided this step-by-step approach to getting your finances in order, to help you confidently and comfortably apply for a home loan.
Getting your first home with a Family Pledge loan
To gain a great advantage on getting your first home, our Family Pledge Loan lets you use the equity of your parent’s home as a deposit.
This way you avoid paying Lenders Mortgage Insurance and once you’ve built the equity in your own home, you can remove their liability from the loan.
Thanks, mum and dad!
Talk to our Home Loan Experts about the Family Pledge Loan, and gain your greater advantage.
How much could you borrow?
Here's how we can help
Guide to guarantor home loans
Relieve first home buyer pressure with a no deposit guarantor home loan. Get answers to the most common questions here.
Don't have a deposit? A Family Pledge Loan could help
Getting the keys to your first home isn't a walk in the park, but how much closer would you be if you had a little help from your folks?
Pros and cons of guarantor home loans
When it comes to securing a Home Loan, a little help from your parents could be just what you need to get you over the line. Here’s what you need to know about guarantor home loans.
Applying for a home loan with no deposit
If you’re looking for your first home loan, but are having trouble saving for your deposit, and are scared off by lender's mortgage insurance, opting to have parents or a family member go guarantor may be right for you.
Looking for a Greater Advantage on your Home Loan?
Our Great Rate Home Loan gives you exactly that.
- Free online redraws
- Competitive rates
- No account keeping fees
- Flexible repayment options
To save, talk with our Home Loan experts and gain your Greater Advantage.
Great Rate Home Loan
Interest rate
5.99
%#
p.a.
Comparison rate
6.00
%^
p.a.
Discount variable rate, owner occupied, principal and interest
A Great Rate Home Loan from Greater Bank is a low interest rate home loan that's easy to use. With no establishment fee, low interest and no monthly or annual fees, you could save thousands of dollars!
Why choose our Great Rate Home Loan?
No monthly fees, no establishment fee and no annual fees.
Borrow up to 95% of your property value, or avoid Lender’s Mortgage Insurance by securing a deposit of 20% or more.
Discounted interest rates for new loans borrowing more than $150,000 with an LVR 80% or below. (Line of Credit facilities excluded).
Free redraw available around the clock via online banking.
Here's how we can help
How much can you borrow for a home loan?
Before you head out in search of your new home, get a handle on how much you can actually borrow. It’s a great first step, and it’s easier than you may think.
Want to reduce the cost of your home loan?
People can feel pretty trapped by their mortgage, but there are a few ways that you can really take action to reduce your home loan, particularly by avoiding or offsetting fees.
Here's how Shivangi bought her first apartment
Shivangi was looking for great service - someone to help her through the process of buying her first apartment, and that's exactly what she got with Greater Bank and our Great rate Home Loan.
Fixed vs Variable Home Loans - How to Choose
If you’re looking to buy a home, then making sure you choose the right home loan for your needs will be an important decision.
Check out our Home Loans for yourself
Great Rate Home Loan
Interest rate
5.99
%#
p.a.
Comparison rate
6.00
%^
p.a.
~Discount variable rate, owner occupied, principal and interest
Perfect if you’re after great value and no ongoing fees.
Ultimate Home Loan
Interest Rate
6.14
%#
p.a.
Comparison rate
6.51
%^
p.a.
~Discount variable rate, owner occupied, principal and interest
Our ultimate in loans. Offering the flexibility of fixed or variable rate, or a mixture of both.
Ultimate Investment Home Loan
Interest rate
6.34
%#
p.a.
Comparison rate
6.70
%^
p.a.
~Discount variable rate, principal and interest
Combining great value with a range of features designed to make investing easier.
Great Rate Investment Home Loan
Interest rate
6.24
%#
p.a.
Comparison rate
6.25
%^
p.a.
~Discount variable rate, principal and interest
With low-interest rates and no monthly or annual fees, we've made investing simple.
Award winning home loans
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 to 1:00pm AEST
*Conditions, fees and charges apply to all loans. Subject to meeting Greater Bank's lending criteria.
Greater Bank, part of Newcastle Greater Mutual Group Ltd ACN 087 651 992 Australian Financial Services Licence/Australian credit licence 238273
~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 80% 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.
FASTRefi® is a registered trademark of First American Title Insurance Company of Australia Pty Limited ABN 64 075 279 908.