Take control of your first home purchase with our low-interest rate variable Home Loan. Everything you need is here to get you started, making it easier than ever to begin your home ownership journey.
- Competitive interest rate
- 100% offset account
- No establishment fee
- No monthly fee
- Unlimited redraws5 and extra repayments
Helping you buy your first home with a smaller deposit
We’re proud to be working alongside Housing Australia, providing support for buying a home through the Home Guarantee Scheme, an Australian Government initiative. The Home Guarantee Scheme includes three Guarantees, First Home Guarantee, Family Home Guarantee and Regional First Home Buyer Guarantee, to help even more Australian’s realise their dream of home ownership.
Check your eligibility on the Housing Australia website. If you're ineligible for these initiatives, we'll work with you to explore other options to help you get into your first home.
More information to help you on your journey
We understand that buying a home of your own, especially your first home, is one of the most significant financial decisions you will ever make, and the first home buying process can seem daunting. That's why we developed this guide, Buying your first home, to help first home buyers get started. By defining key terms to eliminate confusing jargon, information and providing additional information to help those looking to break into the housing market.
Whether you're saving for a deposit, seeking home loan pre-approval, or just need support navigating the process, we're ready to help you make your move. Speak to a Mobile Lender, apply online or contact us.
Principal & Interest Only
Owner Occupied Special Offer*
Special Offer
For a limited time, we have a number of home loan special offers* featuring a low interest rate and valuation fees waived up to $1000. It all adds up to simply great value.
Product Features:
Home Loan Features |
|
|---|---|
| Minimum loan amount : | No minimum |
| Maximum LVR : | 80% |
| Maximum LVR with Lenders Mortgage Insurance : | 95% (subject to approval) |
| Get Ahead Start Guarantor (borrow up to 100% LVR) : | Yes |
| Maximum loan term : | 40 years |
| Interest calculation : | Calculated daily, charged monthly |
| Repayment type : | Principal & Interest only |
| Repayment frequency : | Weekly, fortnightly or monthly |
| Establishment fee : | $0 |
| Monthly loan fee : | $0 |
| Extra repayments : | Unlimited |
| Interest offset : | Yes |
| Redraw : | Yes |
| Loan preparation fees : | At cost |
| Increase/top up : | Yes |
Home loan calculators
Our handy home loan calculators can help you determine the amount you can borrow and what the monthly repayments may be.
Our awards
Our First Home Buyer Loan has achieved great success being independently recognised by finance industry experts Canstar and Mozo, for achieving great value, flexibility and innovative features.
We're ready to help you
*Special offer only available for new security. Not available for existing G&C Mutual Bank loans. Offer may be amended or withdrawn at any time.
