1-Year Fixed Simple Home Loan Special
4.99%*
1-Year Fixed Rate
Owner occupied P&I
<60% LVR3
5.44%
Comparison Rate1
Owner occupied P&I
<60% LVR3
Low Fixed Rate
Allowing you to save on interest.
Save on Fees
No application, ongoing or monthly fees.
$1,000
Towards legal and valuation costs for owner occupied loans4
Free Redraw
Access your money via internet banking at any time.
Save on interest
Make additional repayments at any time.
Flexibility
Available for owner occupied and investment loans.
Home Loan Process
Step 1
Submit your application online to let us know about your income, expenses and debts.
Step 2
If everything looks good, we will offer you conditional approval while we assess your financial position.
Step 3
We’ll provide you with formal approval and work with you to get you into your home as soon as possible.
*Terms and Conditions for Discounted Home Loan Interest Rate Promotion:
Eligibility: This offer is available for refinances from other financial institutions only. Minimum Loan Amount: The minimum loan amount to qualify for this offer is $300,000. Loan-to-Value Ratio (LVR): The LVR must be 80% or less. Type of loan: Owner Occupied and Investment loans. Application Cap: The total amount of applications eligible for this discount is capped and the offer may be removed at any time.
1 WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. This comparison rate has been calculated on the basis of a $150,000 loan paid over 25 years.3 Loan-to-Value Ratio or LVR is a measure of the amount you owe on your loan compared to the value of your property. To calculate your current LVR, divide your loan amount by your property value and multiply the result by 100 to give you a percentage. 4 First Option Bank will cover the first $1,000 of valuation and legal costs, other external costs incurred by First Option Bank will be on-charged. Eligibility criteria, terms and conditions, fees and charges apply. Normal lending criteria apply. Stamp duty and government charges may apply. Any legal and valuation fees will be charged at cost.