Package Home Loans

A Packaged Home Loan, also known as a Professional Package Home Loan, combines your home loan with your regular bank accounts and credit cards for an annual fee.
These packages are now available to a wide variety of borrowers with sufficient income or aggregate loan size.

• Professional Packages generally offer discounts of between one and two percent under the usual interest rate.
• Professional Packages also offers a range of other discounts on accountssuch as credit cards, transaction, margin loans and insurance.

Pros and Cons of Professional Packages (Packaged Home Loans)

Advantages of a Professional Package Home Loan include:

• Fully featured account e.g. redraw, split loans, etc
• Interest rate discounts on the standard variable rate
• Other benefits such as fee free transaction accounts and discounts on insurance products
• No establishment fees and no ongoing monthly fees on your loans (This feature is not available from all lenders)

Why would I not want a Professional Package Loan ?

• An annual fee applies to this product
• I might not require all the extra features

Apply now online within minutes! Compare your home loan rates online!