Switch to a great rate and score up to $2,500 cashback!
For a limited time, switching to Greater Bank could score you up to $2,500 cashback++
++For eligible owner-occupied and investment home loans, paid into your account. T&Cs and credit criteria apply.
Here’s how to score one of our cashback offers
Get $2,500 cashback
Claim $2,500 cashback++ for refinanced loans of $500,000 or more, with a loan-to-value ratio of less than or equal to 80%.
Available on owner-occupied and investment home loans, with cashback paid into your account.
Get $2,000 cashback
Claim $2,000 cashback++ for refinanced loans between $250,000 - $499,999, with a loan-to-value ratio of less than or equal to 80%.
Available on owner-occupied and investment home loans, with cashback paid into your account.
Come for the cashback, stay for the home loan excellence.
Serious savings
Our home loans are designed to help you move from owe to own sooner. Compare us with the Big 4 and see how we stack up.
Switch sooner
If you have a home loan but would like to switch and save, with FASTRefi® we can have you refinanced and saving within days.
Designed to help
Our home loans are packed with features like free online redraw, competitive rates with low fees.
See how much you could save by switching
Compare Home Loans
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Ultimate Home Loan
Our ultimate in loans. Offering the flexibility of fixed or variable rate, or a mixture of both.
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Line of Credit
Our Line of Credit helps you make the most of the equity in your home.
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Ultimate Investment Home Loan
Combining great value with a range of features designed to make investing easier.
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Great Rate Investment Home Loan
With low-interest rates and no monthly or annual fees, we've made investing simple.
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Interest rate
5.99
%~
p.a.
Comparison rate
6.00
%^
p.a.
~Discounted Great Rate variable, owner occupied, principal and interest
|
Interest Rate
6.14
%~
p.a.
Comparison rate
6.51
%^
p.a.
~Discounted Ultimate Home Loan variable rate, owner occupied, principal and interest
|
Interest rate
8.80
%
p.a.
Line of Credit home loan base rate
|
Interest rate
6.34
%~
p.a.
Comparison rate
6.70
%^
p.a.
~Discounted Ultimate Investment Home Loan variable rate, principal and interest
|
Interest rate
6.24
%~
p.a.
Comparison rate
6.25
%^
p.a.
~Discounted Great Rate Investment variable rate, principal and interest
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|
|
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Why Should I Refinance?
Refinancing your home loan can be a smart financial move that can potentially save you money in the long run.
By refinancing your mortgage, you may be able to secure a lower interest rate, which can lead to lower monthly payments and significant savings over time.
With our competitive rates and expert guidance, refinancing with us is a simple process.
Steps to Refinancing Your Home Loan
We'll be in touch
Your local lending expert will reach out at a time and place that suits you.
Complete your application
Your lender will do all the heavy lifting, and will be in touch regarding the status of your application.
Cashback questions answered
Your Greater Bank lender will help you understand when you should refinance. Read more about it here.
Right now, we’re offering a number of home loan cashback offers.
The offers exist for both owner-occupier and investment purposes, and are available on our Great Rate Home Loan, Ultimate Home Loan, Great Rate Investment Home Loan and Ultimate Investment Home Loan.
The cashback offer is for new borrowings only.
Our two cashback offers are:
- $2,500 cashback if the amount of credit is $500,000 or more and your loan to value ratio is less than or equal to 80%
- $2,000 cashback if the amount of credit is between $250,000 - $499,999 and your loan to value ratio is less than or equal to 80%
To claim one of our cashback offers, why not start a conversation with an expert Greater Bank lender today?
View the full Terms and Conditions for our Cashback Offer here.
You will receive your Cashback upon the settlement of your new home loan. View our full Cashback Terms and Conditions.
It is the amount of money you intend to borrow, compared to the value of the property (not necessarily 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, our cashback offers apply to our eligible home loan products with both fixed and variable interest rates.
View the full Terms and Conditions of our cashback offer here.
Yes, our cashback offers can be claimed for eligible loans with both principal and interest (P&I) and interest-only repayment structures.
View the full Terms and Conditions of our cashback offer here.
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
++$2,000 cashback for loans ≥$250,000 or $2,500 cashback for loans ≥$500,000. Only one (1) Cashback Payment per eligible loan, and for first eligible loan only. Not available in conjunction with any other promotional payment. Offer may be varied or withdrawn at any time. See the full Cashback Offer Terms and Conditions. Terms, conditions, fees, charges and credit criteria apply.
~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.
Rate City Gold Award 2024, see http://ratecity.com.au/home-loans/awards for more information