State Custodians Low Rate Home Loan with Offset

Rates and Fees verified correct on April 24th, 2017

Avoid ongoing fees with a cost-effective home loan

If you want to avoid fees but don't want to compromise on features, then you may want to add the State Custodians Low Rate Home Loan with Offset to your comparison. With a 100% offset account and competitive interest rate, you could own your home sooner.

Interest Rate Max Insured LVR Max LVR
LVR 80% to 90% (Investor)
3.99% p.a.
Comparison Rate
4.02% p.a.
95% 80%
LVR 80% to 90% (Owner Occupier)
3.74% p.a.
Comparison Rate
3.77% p.a.
95% 80%
LVR Over 90% (Investor)
4.19% p.a.
Comparison Rate
4.22% p.a.
95% 80%
LVR Over 90% (Owner Occupier)
3.94% p.a.
Comparison Rate
3.97% p.a.
95% 80%
LVR up to 80% (Investor)
3.89% p.a.
Comparison Rate
3.92% p.a.
80% 80%
LVR up to 80% (Owner Occupier)
3.64% p.a.
Comparison Rate
3.67% p.a.
80% 80%
Product NameState Custodians Low Rate Home Loan with Offset
Interest Rate TypeVariable
Comp Rate^ (p.a.)
Minimum Loan Amount$100,000
Maximum Loan Amount$2,000,000
Minimum Loan Term1 year
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR95%
Mortgage Offset AccountYes
Mortgage 100% OffsetYes
Loan Redraw FacilityYes
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Repayment TypePrincipal & Interest and Interest Only Options

Application Fee$0
Lender's Legal Fee$0
Valuation Fee$286
Ongoing Fees$0 p.a.
Settlement Fee$0
Discharge Fee$300


  • There is a $0 application fee.
  • There is a $0 service fee.
  • It features 100% offset account and multiple splits facilities.


  • There is a $286 valuation fee that applies.
  • When you pay off your loan, there is a $300 fee that applies.

Consider these points before applying for this loan

The State Custodians Low Rate Home Loan with Offset is available for both owner occupiers and investment, but not available as a construction option. Pre-approval is available in two minutes after submitting an application, and isn't recorded on your credit file.

Pay your home loan off sooner with these benefits

  • Loan term. The maximum term for this loan is 30 years.
  • Loan size. This loan has a minimum borrowing amount of $100,000 up to a maximum of $2,000,000 with a maximum exposure of $2.5 million assessed on a case by case basis. This means you can purchase a range of properties with this loan depending on how much you wish to spend.
  • Loan amount. You can borrow up to 95% of the value of the property including lenders mortgage insurance (LMI), which can be capitalised on the principal amount; however, this is at a higher interest rate. For refinancing and debt consolidation, the maximum LVR is 90%. This means you can purchase a property with as little as 5% deposit. If you don't want to pay LMI or want a more lower interest rate opt for a maximum LVR of 80%.
  • 100% offset account. Save money on interest payments by depositing funds in your offset account. Funds in this account will substitute for a portion of your principal, so if you have an account with $40,000 on a loan of $450,000, you'll only pay interest on $410,000. The account comes with a linked debit MasterCard you can access fee-free at  Westpac group ATMs.
  • Flexible repayments and repayment options. Principal and interest payments are available, as well as interest-only for up to 10 years. Interest-only payments can help you realise tax benefits when combined with a 100% offset account, and can be particularly useful to property investors. You can also choose to make repayments weekly, fortnightly or monthly, depending on your pay cycle.
  • Split facility. Split your loan up to six times for free. This will see your loan split into both fixed and variable portions, so you can enjoy some of the benefits of both. You can also use a portion as a line of credit facility at no extra cost.
  • Portability. Your State Custodians loan is portable. If you need to move houses, you can move the loan to the new place provided you meet the conditions. This helps you avoid exit fees when leaving your loan, and upfront fees when taking out a new one.
  • Get access to any extra repayments you've made. You can make extra repayments on this home loan whenever you want, and if for any reason you need to access them again, you can through the online redraw facility at a minimum amount of $100.
  • Fixed rate option. You can switch to a fixed rate at no extra cost, allowing you to take advantage of particularly low rates in the market.


  • Portability fee, $499. Should you decide to move properties and keep your loan with you, this fee will be charged.
  • Application fee, $0. This fee is typically charged to cover the cost of setting up the paperwork and your account.
  • Ongoing fees, $0. This fee is usually charged on a monthly or annual basis and covers the cost of maintaining your account, although it's not charged on this loan.
  • Property valuation, $286. This covers the cost of sending an valuer to the security property to determine its value.
  • Title discharge fee is $300. This is payable when you've paid off the loan and State Custodians transfers the land title back to you.
  • Stamp duty, legal fees, registration, title insurance, $Varies. This includes the cost of using a third party conveyancing service, other government charges for processing the paperwork and stamp duty costs. Check with your local Office of State Revenue to see if you're eligible for any concessions.

Find out what your repayments will be in a few seconds

Apply or find out more information about the Low Rate Home Loan with Offset

If you would like to apply or find out more information about this loan, please click on 'Go to site' to be taken to the State Custodians website. You can get pre-approval within two minutes.

Eligibility requirements
  • You must be at least 18 years of age
  • Both Australian residents and non-residents are eligible
  • You have a good credit file, though if you have a few defaults a State Custodians specialist can still offer alternative products
  • If you're casually employed, you have been with the same employer for a period of at least 12 months and receive regular shifts
  • If you're employed, you've been in the same job for at least 3-6 months. However, if you've been in the same industry for two years, this period can be shorter.
How long does the application process take?

The minimum time for the whole loan application is one week, though this depends on a lot of factors such as:

  • How soon you can provide the documentation requested
  • How soon a valuer can access the property
What documents do I need to supply?
  • Personal details - name, 100 points of ID, residential address, marital status and residency status
  • Employment details - whether you are on PAYG payments or self-employed, as well as details of your annual income
  • Loan details - intended product name, borrowing situation and security property information
  • Financial details - your current assets, liabilities and investments you may have

State Custodians Low Rate Home Loan with Offset Interest Rate History vs RBA Cash Rate Graph

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This page was last modified on 13 April 2017 at 9:38am.

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8 Responses to State Custodians Low Rate Home Loan with Offset

  1. Default Gravatar
    Newton | June 22, 2015

    how can i talk with you regarding a home loan

    • Staff
      Jodie | June 22, 2015

      Hi Newton,

      Thank you for your comment.

      You have reached, a financial comparison website, please use the “Got to site” or “more info” buttons to be taken to the State Custodians Mortgage Company website where you can contact them directly about this home loan.


  2. Default Gravatar
    Gillian | March 20, 2015

    I see employment must be for three to six months, what about the Australian Defence Force – been there for a month but want to start investing now

    • Staff
      Shirley | March 20, 2015

      Hi Gillian,

      Thanks for your question.

      Please note that is an online comparison service and does not represent State Custodians.

      If you would like to discuss your eligibility or options, please get in touch with State Custodians directly by clicking on ‘Go to site’.


  3. Default Gravatar
    scott | March 19, 2015

    does your company do construction to permanent residential loans and if so what are the terms?

    • Staff
      Shirley | March 20, 2015

      Hi Scott,

      Thanks for your question.

      Please note that the Breath Easy Offset does not have a construction option.

      State Custodians does offer a separate construction loan and you can choose for it to revert to a permanent residential loan.

      If you click on ‘Go to Site’, you’ll be taken to the official State Custodian’s website where you browse through your options.


  4. Default Gravatar
    Troy | November 8, 2013

    What interest rate are you offering for a 3 to 5 year fixed rate, interest only on $ 730 000 with the property being valued at $ 1000000, and how quick does the process take

    • Staff
      Shirley | November 11, 2013

      Hi Troy,

      Thanks for your comment.

      From the figures that you’ve given, your LVR is less than 80%. Please refer to the row that states ‘<80%’ for your interest rate.

      Approval can take up to a one week but this will depend on how fast you can get in all the required documentation and how soon a valuer can access the property.

      Hope this helps,

State Custodians Low Rate Home Loan with Offset

  • Interest Rate


  • Comparison Rate


  • App Fee / Annual Service Fee

    $0 / $0

  • Max LVR


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