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First Home Buyer Loans

Open the door to your first home…

Features & Benefits

  • Get a loan with as little as a 5% deposit

    A smaller deposit means more chance you can get your foot in the door of your first home sooner.


  • Lower repayments over 40 years

    Make your loan repayments more affordable with a longer loan term.


  • Low fixed or variable rate options to suit your needs
  • No monthly or annual fees
  • Available for first home buyers (Owner Occupied) only
  • Free online redraw
Am I eligible for a home loan?

To be eligible for a home loan you must be an Australian Permanent Resident and be over 18 years of age. Other eligibility criteria may apply, please ask us for more details.

First Home Buyer Loans Rate Schedule

More information for first home buyers

Find useful information that can help you navigate through buying your first home, along with our helpful First Home Owner Guide.

Our First Home Owner Guide includes handy tips and information around:

  • Budgeting and research to secure your deposit
  • Extra costs and considerations such as stamp duty
  • Additional government options available
  • Choosing a loan to suit you
  • The meaning of comparison rates, LVR and Lenders Mortgage Insurance (LMI)
  • Loan assessment factors and pre-approvals
  • Definition of a cooling off period
  • Navigating auctions

Find out more.

Offset Accounts vs Online Redraw

You might have heard both of these terms before, but how can they benefit you?

Offset Account – available when you have a variable rate home loan, our 100% Offset Accounts are like any other everyday bank account (you can deposit or withdraw as much as you like), except this one is linked to your home loan. What are the perks? Well, every dollar in your Offset Account reduces the interest you pay on your home loan.

Online Redraw – available on any of our loan types, Online Redraw is a feature allowing you to make extra repayments in advance at no cost, which you can access later with Online Banking or our Banking App if you need cash*. It can also help you reduce interest and, therefore, pay off your home loan sooner. A win / win!

Get in touch

To find out more, speak to our friendly staff:

Call 1300 131 844 during business hours
Email us at [email protected]
Visit a branch

Mail: PO Box 6074 Halifax Street PO, Adelaide SA 5000

If any of your CDR data is incorrect, please contact us. You can also send a Secure Message via the Inbox in Online Banking or the Banking App. We will not charge any fee for requests to correct customer CDR data.

If you have a complaint or an issue, please read about our complaints process here.