Homeloans drops owner occupied interest rates
Jonathan ChancellorDecember 7, 2020
The non-bank lender Homeloans has dropped owner occupied interest rates.
The cut, by up to 30 basis points, sees a reduced rate for the Homeloans FlexiChoice prime loan available for owner occupier loans from just 4.19% (comparison rate 4.54%).
Homeloans also announced that it will waive establishment fees on standard loan applications, with legal and settlement fees and the cost of one valuation being covered by the non-bank, Ray Hair, Homeloans’ general manager of sales told Brokernews.com.au.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.