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Specifically for First Home Buyers who do not have the deposit to buy their home. Family members can help out by offering the equity in the family home to cover the required deposit. Loan has a discounted interest rate for the first 12 months.
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| at a glance |
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| No deposit - no problem |
Family members can help by offering equity in the family home to cover the deposit. This mortgage can be released once you have 20% equity in your security property.
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| Discounted Interest rate |
Yes. 0.5% off the standard variable rate for first 12 months of the loan |
| First Home Buyers Grant |
We can lodge First Home Buyers Grant application electronically on your behalf and have funds available for settlement. |
| Construction purpose |
Yes. Loan is available if you are building your own home. Interest Only option is available during the construction period. |
| Fast loan approval + speedy documentation preparation |
Because we know you want to be able to move quickly with your property purchase |
| Pre-approval available |
Yes. Have loan approval ready before you negotiate the purchase of your new home |
| Split loan option |
Yes. Loan can be split into fixed rate and variable rate portions |
| Additional + Lump Sum payments allowed |
Yes, free |
| Redraws allowed - in branch or online |
Yes |
| Flexible repayments |
Yes. Pay weekly, fortnightly or monthly to suit your needs |
| Protected loan repayment option |
Yes, to cover yourself for unforeseen events |
| Home + Contents insurance |
Available through Summerland if required. Find out more |
| Internet Banking |
Makes it easy
Find out more about our Internet Banking |
Interest rates
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Current Interest Rates |
Fees & Charges
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Current Schedule of Fees & Charges |
How to apply
Other information
This is general advice only and may not be right for you. Please read the Credit Guide before making decisions. Terms and conditions, fees and charges apply. Copies can be obtained from one of our branches or by calling our Support Centre on 1300 802 222.
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Borrowing 
