The Graduate Loan is available to eligible graduates with a Certificate III or higher qualification.
Available when buying a home in South Australia, for residential use only.
|Low deposit home loan||Get started with as little as a 3% deposit to buy an established home, or a 6% deposit to build.*|
|Save on Lenders Mortgage Insurance (LMI)||Most lenders charge Lenders Mortgage Insurance. We have a Loan Provision Charge instead which costs a lot less for most customers.|
|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 loan repayments||Our Repayment Safeguard helps take the stress out of interest rate changes by making your repayments more predictable.|
|Interest rate options||Choose a variable, fixed or split interest rate. Fixed rates are available for terms of 1-3 years.|
|No monthly account keeping fees||HomeStart's home loans have no account keeping fees.|
|Voluntary loan repayments||Fee free voluntary loan repayments (capped at $10,000 p.a. for fixed rates).|
|Redraw||Available if you have a variable loan and have made voluntary loan 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 after 12 months.|
Not a graduate? You may be eligible for HomeStart's Low Deposit Loan.
You can also learn more by visiting our educational website MyStart for useful tips on saving, buying a home and information for first home buyers.
*Eligibility criteria, terms and conditions apply. Fees and charges are payable.