|Advertised rate||Comparison rate*||Monthly repayment||Rate Type||Offset||Redraw||Ongoing Fee||Upfront Fees||LVR||Lump Sum Repayment||Additional Repayments||Pre-approval|
Fixed Rate Home Loan (Principal and Interest) 1 Year
Fixed Rate Home Loan (Principal and Interest) 2 Years
Complete Variable Home Loan (Principal and Interest) (LVR ≤ 60)
Fixed Rate Home Loan (Principal and Interest) 3 Years
Complete Variable Home Loan (Principal and Interest) (LVR 60%-80%)
Complete Variable Investment Loan (Principal and Interest) (LVR ≤ 60%)
- Fast turnaround times, can meet 30-day settlement
- For purchase and refinance, min 20% deposit
- No ongoing or monthly fees, add offset for 0.10%
Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *Comparison rate is based on a loan of $150,000 over a term of 25 years. Please note the comparison rate only applies to the examples given Rates correct as of January 25, 2022.
SERVICE ONE Alliance Bank is made up of a unique blend of organisations and identities serving the needs of members in the ACT and surrounding NSW region. It was founded as a community credit union and, through the years, has gone through a number of developments and changes to get to where it is today.
From its humble beginnings, it is now part of Australia’s first social enterprise banking network.
As a 100% customer-owned mutual and social enterprise, SERVICE ONE Alliance Bank exists for the sole purpose of enhancing the lives of its members and those in the broader community. The bank does this by: (1) providing members with access to competitive financial, banking and community solutions that add value to their lives, and (2) investing its capital to generate a positive social or environmental impact alongside a financial return.
SERVICE ONE Alliance Bank has the following branches: Batemans Bay, Belconnen, Bemboka, Canberra City, Cooma, Deakin, Gungahlin, Queanbeyan, Tuggeranong, Tumut, and Woden. The bank offers internet and telephone banking 24/7 and its call centre is open seven days a week. Also, the bank is an agent of Bendigo and Adelaide Bank (and its deposits and loans are actually deposits and loans of Bendigo Bank), so your financial products have the backing of a full-service bank.
SERVICE ONE Alliance Bank offers financial products and services including a full range of home loans and personal loans, banking accounts, Visa cards, as well as investment and insurance products.
With a SERVICE ONE home loan, you will be getting a great interest rate and the flexibility to structure your loan so that it suits you. There are loan options for the purchase of owner occupied and of investment properties. It is also easy to refinance an existing home loan you have with another lender to a SERVICE ONE home loan.
To apply for a home loan with SERVICE ONE, you must become a member first. Anyone can become a member but, first, you need to purchase a member share. Adults and juniors (those under 18 years of age) can apply. Meanwhile, here are the documents you will need to apply for a home loan:
- Personal identification material
- Proof of income – whether you are self-employed or you work for an employer
- Proof of other income – including rental income
- Information regarding your current debts, liabilities and assets