|Deposit||Start with as little as a 5% deposit to buy an existing home, and 8% 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.|
|Borrow more||Combine the HomeStart Home Loan with another loan to borrow up to 30% more, without increasing your repayments.|
|Buy or build||Buy an existing home, build, refinance, or buy land now and build later. Available in metropolitan and some regional areas across South Australia.|
|Manageable home 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 made voluntary repayments.|
|Repayment holidays||Take a break from your home loan repayments.|
|Use your equity||As your equity grows, you may have the option to use it to renovate or make home improvements.|
Are you looking for a home loan with an even lower deposit? The Low Deposit and Graduate home loans can get you started with as little as a 3% deposit.
You can also learn more by visiting our educational website MyStart for useful tips on saving, budgeting and buying a home.
Eligibility criteria, terms and conditions apply. Fees and charges are payable.