Our Ultimate Investment Home Loan is a packaged loan that offers competitive rates, with products and services to help seasoned and first-time investors.
Discounted interest rates for new loans borrowing more than $150,000 with an LVR 80% or below. (Line of Credit facilities excluded).
A range of competitive rates to suit your Loan to Value Ratio (LVR).
A linked 100% Ultimate Offset account (for variable loans only).
Free redraw available around the clock via online banking.
Option to linked an annual free fee Visa Credit Card.
Ability to make additional repayments and pay off your loan sooner+.
| Ultimate Investment Home Loan | Interest Rate# | Comparison Rate^ |
|---|---|---|
| Variable | 6.34% p.a. | 6.70% p.a. |
| Ultimate Investment Home Loan | Interest rate | Comparison rate |
|---|---|---|
| Variable | 8.04% p.a. | 8.38% p.a. |
| Ultimate Investment Home Loan | Interest rate~ | Comparison rate |
|---|---|---|
| 1 Year Fixed | 5.99% p.a. | 8.16% p.a. |
| 2 Years Fixed | 5.79% p.a. | 7.91% p.a. |
| 3 Years Fixed | 5.79% p.a. | 7.71% p.a. |
| 4 Years Fixed | 5.79% p.a. | 7.54% p.a. |
| 5 Years Fixed | 5.79% p.a. | 7.37% p.a. |
| Establishment fee | $0 |
| Annual fee | $395.00 |
| Settlement processing fee | $180.00 |
| Government registration fees apply? | Yes |
The above are a selection of our fees only. Additional Fees and Charges may apply. For further information please view the Home Loans Terms and Conditions and Lending Products Product Schedule.
Anyone can apply for an Ultimate Investment Home Loan, provided that you:
A packaged variable rate loan gives you access to a 100% Offset facility.
You also have the option of combining your home loan with other products like an everyday bank account or credit card, for example.
Packaging them together with your loan means paying one loan package fee instead of paying separate fees for each product.
You may also get a discounted home loan rate as well.
Talk to your lender about the pros and cons of choosing a package loan.
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.
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
Use one of our lending calculators to find out:
Pay extra on my fixed rate home loan without a penalty?
You can make additional payments during a fixed period on Principal and Interest and Interest Only loans but a pre-payment fee may apply.
You can make extra repayments up to 5% of your original loan amount before there is any chance that a prepayment fee may apply.
Pre-payment fees don’t apply to an extra repayment on a variable rate home loan.
Our friendly staff are happy to help with all your banking needs. Find a location near you across NSW and South East QLD.
Our mobile lenders are more than happy to come to you. Find a lending expert close to you and request a callback today.
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 at 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 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.
