Continue saving this Cyber Monday! 🥳

These sales are still running

Greater Bank Great Rate Variable Home Loan

Last updated:  

This loan offers a competitive interest rate and no ongoing fees for NSW and QLD residents.

The Greater Bank Great Rate Home Loan is designed to help you save money when buying a home. Borrowers can enjoy a variable interest rate loan with great extra features to meet their repayment needs, while there are no ongoing monthly or annual loan service fees and no application fees. At the current time this loan is offered only to ACT, NSW and QLD residents only.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Expert review

Marc Terrano

Review by


Marc Terrano is a lead publisher and growth marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help everyone get value for money.

Expert review

With a loan term of up to 30 years and a maximum loan-to-value ratio (LVR) of up to 90% of the value of the property you are purchasing, this loan is flexible. A partial loan offset account is available, and customers can also take advantage of free online redraws and flexible repayment options. This loan is suitable to owner-occupiers and investors.

Also, keep in mind that this loan is a full documentation loan, meaning those who can’t prove their income might have to consider a low doc loan.

About this loan

What are the features and benefits of the Greater Bank Great Rate Home Loan?

  • Maximum LVR. The Great Rate Home Loan allows you to borrow up to 90% of the value of the property you are purchasing.
  • Partial offset. A partial offset account is available to let you reduce the amount of interest you will have to pay on your loan.
  • Repayment flexibility. Borrowers can choose from principal and interest or interest-only repayment options, while you also have the option of making repayments weekly, fortnightly or monthly. Extra repayments are allowed and you can take a repayment holiday if you need.
  • Redraw facility. Free online redraw is available to give you access to your funds when you need them.

What fees and charges come with this loan?

  • Application fee: $0.
  • Ongoing fees: $0.
  • Title Insurance Fee. A $0 fee applies.

How to apply

To find out more about this loan, please click the 'Go to site' button at the bottom of this page. This will put you into contact with a mortgage expert from Greater Bank who will discuss your options with you.

Just like any other lender, Greater Bank will want to know that you can and can't afford. This means they'll want details about your employment, debts, assets and other personal information.

The Greater Bank Great Rate Home Loan offers a loan option worth considering for many borrowers. Add it to your comparison today.

Home Loan Offers

Important Information*
Logo for Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)
Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)

Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply.

Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Up to $4,000 refinance cashback. A competitive variable rate loan from St.George. Refinancers borrowing $250,000 or more can get $4,000 cashback (Other terms, conditions and exclusions apply).

Logo for Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I
Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I

A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.

Logo for UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate
UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate

Take advantage of a low-fee mortgage with a special interest rate of just 2.34% p.a. and a 2.34% p.a. comparison rate.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site