Enjoy a home loan with a variety of features and options from RAMS.
RAMS offers Australians alternative banking options, providing a wide variety of flexible products. These include home loans, savings accounts and transaction accounts. The company has been in the retail market since 1995, offering simple and practical products.
Whether you are self-employed, looking to get your first home, refinance previous loans or buy an investment property, the home loans offered by RAMS can help you overcome any potential challenges and reach your goals in a timely fashion.
RAMS have been able to excel in the Australian financial market since the deregulation of the industry in the 1980s. This made room for innovative, flexible and dedicated lenders to provide an alternative to the big banks in Australia who were previously able to exert a stranglehold over the market, and didn't have to be competitive on fees and interest rates.
RAMS home loan products
The RAMS website offers advice, tools, information and support. You can find out more about their products there too. Let's take a look at each of them in part, and see how much they can be of help to those searching for better deals:
Low Rate Home Loan
The RAMS Low Rate Home Loan offers a low variable rate with all the features you may be looking for in your home loan, it comes with a 100% offset account and is a great option of you are looking for your first home or your latest investment. With an interest only period that can be for up to 10 years on a loan for investment purposes or 5 years for owner occupier loans this is a great low rate loan packed full of features.
Line Of Credit Home Loan
Unlock the equity you have built in your home to do some renovations or even just as you need a little extra cash flow, with a debit card attached you can access your funds like you would your regular savings. No need to make regular repayments but these can be made with flexibility and ease or you can choose to pay it off early if your circumstances change and you no longer need access to the funds.
Fixed rate home loan
The Fixed Rate Home Loan offer comes with a set of fixed rate periods ranging from one to ten years. The maximum LVR is at 95%, and you can borrow a minimum of $15,000. During the fixed rate period, you can deposit up to $30,000; the loan also comes with a redraw and loan splitting option, as well as various flexible features including a construction and lifestyle option, a value advantage package to help you save money and a deposit bond to help you arrange deposits without having to touch upon your savings.
Full Feature home loan
The RAMS Full Feature Home Loan has many features and is suitable for first home buyers, owner occupiers and refinancers. Deposit your salary into your mortgage and you could reduce your loans faster and have easy access to your redraw facilities which includes 25 free transactions per month with your debit card, ATM or cheque.
Self-Employed Home Loans
When you are self-employed you don't tend to have all the regular documents requested by banks when looking for a home loan so take out one of RAMS specialist home loans for the self-employed. You have the option of a variable, fixed rate or line of credit loan depending on your circumstances and simplified application process that suits self-employed applicants.
Value Advantage Package
Add a bit extra to your home loan with RAMS Value Advantage Package including interest rate discounts and the waiving of certain fees associated with your chosen home loan. There is a range of RAMS home loans that are eligible to be included with the Value Advantage Package including the Full Feature Home Loan, Fixed Rate Home Loan, Line of Credit Home Loan, Self-Employed Home Loans with fixed, variable or line of credit facilities.
More About Value Advantage Package Home Loan
Investor Home Loan
Along with the ability to take out one of the above home loans when purchasing your next investment property, RAMS also have a specific home loan for investors who are looking for a loan just for them. Borrow up to 95% and take advantage of a competitive investment home loan variable interest rate.
Why should you choose RAMS?
When it comes to RAMS, the call of the day is flexibility and simplicity. The company is well-known for its ability to provide a wide variety of innovative home loan solutions for Australian customers, offering support for first home buyers, self-employed borrowers and advantageous transactional loans for all those looking for better offers.
Currently there are over 73 RAMS Home Loan Centres established in Australia in both metropolitan and regional areas, with new centres opening all the time. If customers cannot make it to a RAMS Loan Centre for whatever reason, a RAMS Home Loan Specialist is more than happy to come to you at your home or office.