Whether you’re looking to buy your first home or your next home, our Basic Home Loan for owner occupiers makes it easy. A simple, variable rate home loan without all the bells and whistles, so you’re not paying more for extra features you may not want or use.

Our no-fuss Basic Home Loan still has plenty to offer and our current special offer features a low interest rate and no establishment fee for loans funded on or before 31 October, 2021. 

 

  • Establishment fee waived3
  • Redraw available4
  • Unlimited extra repayments
2.49 % p.a. Interest rate 2.51 % p.a. Comparison rate

Product Features:

Home Loan Features
Minimum loan amount : $100,000
Maximum LVR : 80% (dependant on loan purpose and security offered)
Maximum LVR with Lenders Mortgage Insurance : 95% (subject to approval)
Get Ahead Start Guarantor (borrow up to 100% LVR) : Yes
Maximum loan term : 30 years
Interest calculation : Calculated daily, charged monthly
Repayment type : Principal & Interest
Repayment frequency : Weekly, fortnightly or monthly
Establishment fee : $0
Monthly loan fee : $0
Package fee : $0
Extra repayments : Unlimited
Interest offset : No
Redraw : Yes
Pre-approval : Yes
Loan preparation fees : At cost
Increase/top up : Yes
Second mortgage security : Yes
Vacant land as sole security : Yes

Eligibility criteria, terms & conditions and fees & charges apply. Special offer only available for new security funded on or before 31 October, 2021. Not available for refinance of existing G&C Mutual Bank loans. Minimum loan amount $100,000. Offset account not available on this product. 

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