Home Loan Repayment
Non-bank lender Homeloans has reduced its interest rates within the Optima product range, dropping variable rates to 4.36%. The loan’s comparison rate is at 4.37%.
Apart from the rate cut, Homeloans also announced the increase in upfront commissions for the Optima range to 0.70% plus GST.
The move to slash rates was the company’s third this year, in order to respond to feedback from brokers. Homeloans have also announced this year zero get-in costs for customers.
“This is the fastest growing product in our range,” general manager of sales Ray Hair said.
“Its popularity is testament to the benefits that Optima provides both brokers and their customers.”
“We have further enhanced what was already a highly compelling loan solution as we take into consideration our brokers’ and customers’ needs.”

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now