Our Family Helper Home Loan allows a family member to use equity from their own home to assist a first home buyer by providing additional security for a portion of the loan amount. This gives a first home buyer the ability to borrow up to 100% of the value of the property, plus stamp duty and other upfront costs which maximises the amount that can be borrowed to purchase the property. Any of our home loan product can be utilised as a family helper home loan.
Credit criteria applies and loan subject to approval. 1. Reverts to Standard Variable rate current at the end of the fixed period. 2 Comparison rates are calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
