home loans

Graduate Loan

The Graduate Loan offers a low deposit and flexible loan options, to help you buy or build your own home sooner. It’s a good option for first home buyers, next home buyers or to refinance.

It’s available to graduates with a diploma, degree or higher qualification, as well as South Australian Police Officers and enrolled nurses. If you’ve completed your study within the last 10 years you could be eligible.

Features
Low deposit	Deposit costs start at 3% to buy an established home, or 5% to build.
Save on Lenders Mortgage Insurance (LMI)	We charge a Loan Provision Charge (LPC), which is much less than LMI for most borrowers.
Boost your borrowing power	Option to combine with another loan to boost what you can borrow, without increasing your repayments.
Buy or build	Available in metropolitan and some regional areas across South Australia.
Manageable repayments	Our Repayment Safeguard breaks the link between interest rates and repayment amounts.
Interest rate options	Choose a variable, fixed or split interest rate. Fixed rates are available for terms of 1-5 years.
No monthly account keeping fees	We don’t charge account keeping fees.
Voluntary repayments	Fee free voluntary repayments (capped at $10,000 p.a. for fixed rates).
Redraw	Available if you have a variable loan and have made voluntary repayments.
Repayment holidays	Take a break from your loan repayments.
Use your equity	As your equity grows, you may have the option to use it to renovate, update or invest in another property.