Housing Loans
You’ve found the home you want. Now find the right home loan.
Buying property is one of the biggest commitments you’ll ever make. That’s why it’s important to choose the right home loan.
At B&E we believe in giving you what you want. We can help you work out how much you need to borrow, how much you can afford and how often you want to make repayments. From there you can add or subtract extra features that can make your loan cheaper, more flexible or more convenient. It’s all about getting the features you want and not paying for things you don’t need.
B&E offer four different home loan packages, so you can be confident of finding one that works for you. And if you have any questions, or want something different, just ask, We’re here to help.
Topline
“I want more for less.”
If you hate paying fees but want a loan with more features and discounts, B&E’s newest home loan package is perfect for you. When borrowing a larger amount – $150,000 and above – TopLine rewards you with a number of ways to save money, both up-front and over the life of the loan.
A B&E TopLine Loan offers you:
- A discounted variable rate for loans $150,000 and above, and a further discounted rate for loans $250,000 & above+
- No annual or monthly fees
- A discounted application fee of $400, inclusive of valuation & solicitors fees.
- A 100% mortgage offset Loan Saver Account#
- Additional repayments without penalty*
- Redraw feature for advance payments (redraw fee applies)
- Monthly, fortnightly or weekly payment options
- Don’t make the mistake of thinking that the B&E TopLine Loan is only for high flyers. If you qualify for a loan of $150,000 or more you’ll qualify for the discounts.
FlexiChoice
“I want options.”
If you’re looking for ways to tweak your home loan and make it right for you, this is the best option. Say you need to furnish a new home, you could choose to make lower repayments in the first year. You can also protect yourself against interest rate rises with a fixed rate for up to five years.
The B&E FlexiChoice Loan has the following features:
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A fixed discounted 12 month introductory rate
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A competitive standard variable rate
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The option of fixing your rate from 1-5 years
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A 100% mortgage offset Loan Saver account, available during both fixed and variable interest rate periods#
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Additional repayments without penalty*
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Redraw feature for advance payments (redraw fee applies)
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Monthly, fortnightly or weekly payment options
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While the B&E FlexiChoice Loan’s standard variable rate is a little higher than B&E’s other home loans, this is because the features are more comprehensive.
Discounted Fixed
“I don’t want to worry about it.”
If you want to take out a no frills home loan with a minimum of fuss and a discounted fixed rate, then this is the right choice for you.
The B&E Discounted Fixed Rate Loan includes:
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The option of fixing your rate from 1-5 years~
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Additional repayments without penalty*
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Redraw feature for advance payments (a fee applies)
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Monthly, fortnightly or weekly payment options
The B&E Discounted Fixed Rate Home Loan offers a discounted fixed rate for up to five years converting to a discounted variable rate thereafter. It’s perfect if you want peace of mind against any future interest rate rises, knowing you can pay extra if you want.
Economical
“I want to save money.”
There are costs involved in setting up any home loan. But the B&E Economical Loan keeps these as low as possible. We start by removing the application fee. This means you can save $650 up front. You’ll also take advantage of a discounted variable rate, lower than the standard rate, so you can keep on saving throughout the life of the loan.
Other features include:
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Additional repayments without penalty*
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Redraw feature for advance payments (a fee applies)
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Monthly, fortnightly or weekly payment options
The B&E Economical Loan is perfect if you already have a loan with another financial institution and are looking for a better deal, because there are minimal fees in changing over.
Important: Terms and conditions, including fees and charges apply to B&E home loan options. Full details are available on application.
~ Discount from current standard (FlexiChoice) fixed interest rate options (1 to 5 years) is 0.10% p.a.
@ The variable interest rate option is not available at origination, a fixed rate option must be selected.
^ Standard Application Fee applies where there is one (1) residential security property. Further costs apply for any additional security properties where applicable. Excludes Govt fees and charges. Additional fee of $200 applies for construction loans.
# You should also read the Product Disclosure Statement (PDS) and check if this product is suitable for you before applying.
*A Break Cost Fee may apply to fixed rate loans discharged in full or converted during a fixed rate period. The standard discharge fee applies to all home loan types. An early termination fee applies to all B&E home loans paid out in full within four years.
+ Discount from standard home loan variable rate is 0.53% p.a. for loans from $150,000 to $249,999 and 0.58% p.a. for loans $250,000 and above.
General Guidelines
All B&E Home Loan products have the following guidelines:
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Loan Amount |
Up to 100% of B&E's valuation for owner occupied Housing Loans Up to 95% of B&E's valuation for vacant residential Land Loans Up to 95% of B&E's valuation for Residential Investment Loans |
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Loan Term |
1 - 30 years for owner occupied Housing Loans |
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Interest Rates |
Click here for current interest rates on all our lending products. |
Need help? Just ask!
For enquiries and other services please call B&E on 1300 306 716 from anywhere in
For more details on the above products, download our Housing Loans brochure.
Useful Forms
Housing Application for withdrawal from a loan facility
Request for alteration to redraw Authority
How to Apply
To find out more about a B&E Home Loan, come in and see your friendly manager at your local B&E Branch or call to make an appointment, or apply online 24/7. In the meantime, if you would like further information, please click here