Our all in one package for first home buyers makes it easy, plus you can save when you combine a home loan, credit card and transaction account. Available for Owner Occupiers only.


  • No establishment fee
  • No valuation fee
  • No monthly service fee on transaction account
  • No annual fee credit card for the first year
  • Borrow up to 100% of the purchase price of the property, plus additional associated costs with our family guarantor option
  • 100% offset account
  • Redraw available5
  • Unlimited extra repayments
  • Up to 40 year term available4


Under the Federal Government’s First Home Loan Deposit Scheme, G&C Mutual Bank will commence funding Government-guaranteed loans from 1 February, 2020.

Updates will be provided on our website in the lead-up to February 1. Ahead of the commencement date, borrowers can:


2.79 % p.a. Interest rate 2.79 % p.a. Comparison rate

Product Features:

Home Loan Features
Minimum loan amount : No minimum
Maximum LVR : Up to 80% or 95% with Lenders Mortgage Insurance
Maximum loan term : Up to 40 years
Interest charges : Calculated daily, debited monthly
Repayment type : Principal & Interest
Repayment frequency : Weekly, fortnightly or monthly repayments allowed
Application fee : $0
Monthly loan fee : $0
Package fee : $375 p.a. charged annually in arrears to the transaction account
Extra repayments : Unlimited
Interest offset : Yes
Redraw : Yes
In principle approval : Yes
Lenders' Mortgage Insurance : Yes, for LVRs over 80%
Loan preparation fees : At cost
Increase/top up : Yes
Second mortgage security : Yes
Vacant land as sole security : Yes