Greater Bank key facts
- Greater Bank's home loan rates are consistently among the lowest rates on the market.
- Greater Bank is a mutual bank, meaning it is owned by its members and not run for the profit of shareholders. It has over 50 branches in various parts of the country, mainly in NSW.
- Greater Bank has home loans available for borrowers with deposits under 20%. If you have a family member who owns a property, they can guarantee your loan and you can borrow even more.
Review by our senior home loans writer Richard Whitten
Hi, my wife on a disability pension, I am on cares pension daughter on a single mothers pension have a guarantor and 20 thousand in the bank. Is there any way to borrow 200000 for a home loan kind?
regards Trevor
Hi Trevor,
Thanks for your enquiry.
You may be eligible to apply for a home loan while on Centrelink benefits. I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that’s more inclined to review your application.
Thanks,
Belinda