A home loan with features and the flexibility to meet your needs - whether buying your first home, upgrading or investing in residential property.
Our variable rate home loan provides a competitive variable rate. You have the option of selecting a Redraw Facility or an Offset Savings Account, you can minimise your interest costs and potentially shorten the term of your loan.
Contact us online about a new home loan
Downloand and print a home loan application form
Apply via Online Banking, select "Apply for a Loan" (Members only)
Redraw or 100% Offset Option
|
You may choose between:
A Redraw Facility - make additional repayments to reduce your loan balance and the accured loan interest
or
An Offset Savings Account – reduce accrued loan interest by offsetting your everyday savings
|
Ability to split
|
Your variable rate loan can also be split and combined with a Fixed Rate Loan
|
Loan Amount
|
- Minimum $20,000
- Maximum 95% of security property valuation
|
Lenders Mortgage Insurance
|
Applicable if you borrow more than 80% of security property valuation
|
Loan Term
|
Up to 30 years
|
Repayment Options
|
- Weekly
- Fortnightly
- Monthly
- Principal plus interest
- Interest only (up to 3 years)
|
Additional Repayments
|
No restrictions – so you can pay off your loan faster and save on interest costs
|
Portability
|
If you sell your home and buy a new one, you can request to keep the same loan – without having to apply again. Our normal credit criteria will apply
|
Loan Setup Costs
|
Yes - Refer to Loan Fees
|
Account Keeping Fees
|
None
|
Loan Contract Fees
|
Over the life of your loan contract, Government charges, credit fees and other charges may apply (details on request)
|
Online Application
|
Apply Now
|
Contact us online about a new home loan
Contact us online about your existing Gateway home loan
Downloand and print a home loan application form
Apply via Online Banking, select "Apply for a Loan" (Members only)
* Important Information
1. Applications are subject to our normal credit assessment criteria.
2. Terms and Conditions apply and together with interest rates are subject to change.
3. 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.
4. Comparison rates are based on a loan amount of $150,000 over 25 years. View the Comparison Rate Schedule.
5. Loan Fees and charges apply. Other Fees and Charges may apply.
6. A choice between a Redraw Facility or an Offset Savings Account is only available on variable loans. Fees and Charges may apply.
7. You must be registered for Online Banking to have a Redraw Facility. To register, contact Member Services on 1300 302 474.
8. Please read the relevant Product Disclousure Statements.