Home Loans
Property is the biggest commitment most of us will make, so it’s important to have a home loan that meets your needs. At Police Bank we have a team of lending professionals who can help you find the right home loan.
So whether you’re buying your first home, your next home, an investment property or wanting to refinance to a better deal, Police Bank is the right choice.
The Premium Home Loan is about offering home loan flexibility to suit your individual requirements. Flexible repayments, choice of interest types, 100% interest offset account and automatic repayments are just some of the options available.
The Police Bank Premium Home Loan is the loan that works to help you get ahead and secure the financial future for you and your family.
- Discounted rate for Police
- No ongoing fees
- Available for purchase, investment, renovating, refinance or construction
- Variable or fixed interest options or a combination of both
- No monthly loan administration fees
- Unrestricted additional payments – no penalty*
- Redraw facility also available
- Automatic payments through salary deduction or periodic payment
- Qualify for our Member Rewards program.
- Special introductory discounted interest rate#
- Redraw facility, pre-approval available
- Available for purchase, refinance, investment, construction, renovating
- Flexible repayment options – weekly, fortnightly or monthly
- Make additional repayments without penalty*
- Combine with a fixed rate loan for a split interest facility
- Qualify for our Member Rewards program.
Your Police Bank Fixed Rate Home Loan may contribute to our Member Rewards Program helping to reduce (or eliminate) fees – save on ATM and EFTPOS transactions (as well as qualify for fee rebates), personal cheques and external electronic periodical payments.
Equity Maximiser allows you the flexibility to link additional loan accounts for other investments such as property or shares. The facility has a transactional account with full electronic access to funds with ATM and EFTPOS services. Also, talk to us about how you can pay off your loan faster by crediting all of your salary into Equity Maximiser and utilising the Police Bank Visa Credit Card up to 55-day interest free period for living expenses.
Equity Maximiser is part of our commitment to help build your assets to assist in wealth creation for a secure long-term financial future.
Turn your dream home into a reality in ACT with our Land Rent Scheme Home Loan. Take advantage of ACT Government’s Affordable Housing Action Plan and reduce the up-front costs associated with owning a house.
Our Land Rent Scheme Home Loan has great features to kick start your dream home!
Homeloan Key Fact Sheet
Use the calculator below to generate a Home Loan Key Facts Sheet.
Just select the loan of your preference, adjust the sliders that will appear and click ‘View Results’. All the details of your loan, including interest rate, repayments and fees are then shown on the screen.
Reuse the calculator as many times as you like until you’re happy with the result. Then, click on the button at the bottom of the screen to have your personalised Key Facts Sheet emailed straight to you.
Please note: The maximum loan term for the Land Rent Scheme is 25 years.
Terms and Conditions
Police Value Home Loan
Effective Date: 20 June 08.
1. Police Value Home Loan only available to current serving Police Officers or a Retired Police Officer(s) who are a member of a Union that is associated with the Police Federation of Australia. This includes NSW Police Association (including Associate members), and the Australian Federal Police Association. Rate discounted against Premium Home Loan. Terms and conditions apply and are available on request. Fees and charges and lending criteria apply.
* An early repayment fee may apply on fixed rate portion of any loan.
~ Minimum loan amount is $30,000. This offer is available from 1 March 2013 and can be withdrawn at anytime. Members’ current home loan with competitor financial institution must be fully discharged and refinanced with Police Bank. $500 will be credited to S1 account on settlement.
Schedule of Fees and Charges – Equity Maximiser (PDF)
Retirement Lifestyle Loan (Reverse Mortgage)
