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 the Australian Government providing support for buying a home through the Home Guarantee Scheme, First Home Guarantee and Family Home Guarantee to help even more Australians 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 is one of the most significant financial decisions you will ever make, and the home buying process can seem daunting. That's why we developed this guide, Buying your first home, to help you get started, by defining key terms to eliminate confusing jargon 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.
Compare us with the Big 4
Here's how RateCity compares us with other lenders. Use RateCity's home loan comparison tool to see how much you could save when you choose a G&C Mutual Bank First Home Buyer Loan.
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 |
Our awards
Our First Home Buyer Loan has achieved great success being independently recognised by finance industry experts Canstar, Mozo and Money Magazine 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.
