Home Loan

Enjoy competitive rates and great benefits with us

Home purchase, refinancing or upgrading

Whatever your situation, we can offer support from our team of expert Personal Bankers, who are here to provide you with a helping hand throughout the process. We never forget that it all starts with you. And, if you’re a member of superannuation fund MyLife MySuper or Catholic Super, you can enjoy exclusive member rates to help get you into your home faster. 

We're proud to provide you with real value

Competitive rates

Flexible repayment options

Offset and redraw facilities available

Fast approval

3.14 % p.a
Variable and comparison rate

Member rate

Rate type Principal and interest
Purpose To live in
Variable rate 3.14% p.a.
Comparison rate 3.14% p.a.
Application fee waived
Loan package fee waived
Upfront costs covered (saving $1,004*)
Fee free offset account
Fee free redraw facility
Fee free additional repayments
New and established dwellings and off the plan purchases
House and land packages and construction loans
Minimum loan amount $200,000
Maximum loan amount $1,500,000
Minimum deposit^ 20%

General rate

Rate type Principal and interest
Purpose To live in
Variable rate 4.55% p.a.
Comparison rate 4.97% p.a.
Application fee waived
Loan package fee waived
Upfront costs covered
Fee free offset account
Fee free redraw facility
Fee free additional repayments
New and established dwellings and off the plan purchases
House and land packages and construction loans
Minimum loan amount $200,000
Maximum loan amount $1,500,000
Minimum deposit 20%

Our member rates are available to members of MyLife MySuper or Catholic Super superannuation funds. 
^For deposits >5% but less than 20%, applicable member rate will be 3.99%. Lenders Mortgage Insurance will apply.

Ready to take the next step?

Applications are straightforward, and our team of lending specialists are here to discuss your options.

Need information or help? Our team of lending specialists are here for you from application to settlement. Call us on 03 9629 4484

Tools to help you prepare

Thinking about refinancing your home loan?

General information

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Application fees

  • Home loan - application fee: Waived
  • Home loan - top up application fee: Waived

Other home lending fees

  • Loan package fee**: Waived
  • Valuation fee: Waived
  • Discharge of mortgage fee: At cost

For a full list of our fees and charges, please read our Supplementary Product Disclosure Statement (Schedule of Fees and Charges).

*We’ll cover your upfront costs, including valuation fees, legal costs, and registration and discharge of mortgage. Saving of $1,004 calculated from a sample of home loan applications.

^We can approve home and investment loans with as little as 5% deposit, however where the deposit is less than 20% of the value of the home, lenders mortgage insurance is required with the premium being covered by you. For these loans, an interest rate of 0.20% above the applicable rate will apply.

**Loan package fee includes access to the offset account and redraw facilities.

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Application fees

  • Home loan - application fees: $695.00
  • Home loan - top up application fees: $250.00

Other home lending fees

  • Loan package fee**: $395.00 p.a.
  • Valuation fee: At cost
  • Discharge of mortgage fee: At cost

For a full list of our fees and charges, please read our Supplementary Product Disclosure Statement (Schedule of Fees and Charges).

^We can approve home and investment loans with as little as 5% deposit, however where the deposit is less than 20% of the value of the home, lenders mortgage insurance is required with the premium being covered by you. For these loans, an interest rate of 0.20% above the applicable rate will apply.

**Loan package fee includes access to the offset account and redraw facilities.

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Applications generally take 30-60 minutes. 

Once an application with all supporting documents has been received by MyLife MyFinance, a pre-approval decision will generally be provided within two business days.

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There is no qualifying period for loans to receive member benefits.

No penalty for additional loan repayments or early pay-out on variable rate loans.

Comparison rate calculated on $150,000 loan over 25 years. Care should be taken in using this comparison rate. The comparison rate is accurate only for the example given as other factors including government fees and charges, redraw fees or fees for early repayment, may influence the final cost of the loan.

Interest rates as at 2 October 2019. All interest rates are variable unless noted otherwise.
*All depositors are protected by the Government guarantee. For further details, please refer www.fcs.gov.au.
In deciding whether this product meets your needs, we recommend that you read this page in conjunction with our Product Disclosure Statement, Supplementary Product Disclosure Statement (Interest Rates), Supplementary Product Disclosure Statement (Schedule of Fees and Charges), and our General Terms and Conditions. A copy of these documents are available on our website. You can also obtain a copy of these by contacting our office on 03 9629 4484.
MyLife MyFinance Limited Trading as MyLife MyFinance. ABN 54 087 651 750. AFSL/Australian Credit Licence Number 245606.