Whether you are looking for your first home loan or for home loan refinancing, MyState offers a range of tailored home loan options. Our experienced and local home loan staff will work with you to find the best product to suit your needs. We also offer a home loan pre-approval facility to enable you to make an offer quicker with the confidence of knowing exactly how much you can afford to spend.
MyState's home loan products include:
Special Residential Home Loan Offer – Limited Time Only
For a limited time## only MyState is offering a special Home Loan package for customers seeking a home loan in excess of $250,000.
If you’re buying your own home, a residential investment property, a block of land, topping up your existing home loan with MyState or looking to refinance home loans from another lender, now is the time to take advantage of this great offer.
Home Loan Features
- Special rate of 6.40%pa (variable) – 6.41%pa ^ comparison rate
- No establishment fee*
- No monthly home loan account-keeping fees
- No monthly transaction charges^^
- No early payout fee
- No hassle pre-approval
- $250,000 minimum home loan
- 100% offset facility available
Ask one of our local home loan experts about this home loan offer, they will even guide you through the home loan application process including helping you with a pre-approved loan which may help you to make an offer quicker, with the confidence of knowing exactly how much you can afford to spend.
How to apply for a MyState Home Loan
If you are ready to apply for a home loan, you can:
Make an appointment
Essentials Home Loan
If you’re buying your own home, a residential investment property, a block of land, or looking to refinance home loans from another lender you’ll enjoy the flexibility of MyState's Essentials Home Loan. This home loan can be split between a variable home loan interest rate and a fixed home loan rate and has the added convenience of a redraw facility.
Home Loan Features
- No monthly home loan account keeping fees
- Flexible home loan repayments – weekly, fortnightly or monthly
- $150,000 minimum home loan
- Borrow up to 97%* of the property value
- Home loan term up to 30 years
- A redraw facility is available ($500 minimum)
- No early payout penalty
- Interest only home loan option available
A member of our friendly, local and experienced home loan team is available to answer any questions you have about this home loan product and guide you through the home loan application process. Remember to ask them about MyState’s home loan pre-approval option which may enable you to make an offer quicker, with the confidence of knowing exactly how much you can afford to spend.
For more information about MyState’s Essentials home loan, make an appointment with one of our local home loan experts today or simply call in to your local branch.
How to apply for a MyState Home Loan
If you are ready to apply for a home loan, you can:
Make an appointment
Standard Variable Home Loan
A Standard Variable Rate Home Loan is suitable if you’re buying an owner-occupied home or residential land, buying or building a home or unit, renovating, or refinancing home loans from another lender. Variable home loans are a popular choice in Australia due to their flexibility as the repayment terms generally allow you to payoff your loan faster without penalty and other features such as offset facilities are available.
Standard Variable Rate Home Loan features
- No monthly home loan account keeping fees
- 100% Offset Facility available
- Flexible home loan repayments – weekly, fortnightly or monthly
- $30,000 minimum home loan
- Borrow up to 97%* of the property value
- Home loan term up to 30 years
- A Redraw Facility is available ($500 minimum)
- No early payout penalty
- Interest only home loan option available
A member of our friendly, local and experienced home loan team is available to answer any questions you have about this home loan product and guide you through the home loan application process. Remember to ask them about MyState’s home loan pre-approval option which will enable you to make an offer quicker, with the confidence of knowing exactly how much you can afford to spend.
For more information about MyState’s Standard Variable Rate Home Loan, make an appointment with one of our local home loan experts today or simply call in to your local branch.
How to apply for a MyState Home Loan
If you are ready to apply for a home loan, you can:
Make an appointment
Fixed Rate Home Loan
A fixed home loan rate is great if you’re buying an owner-occupied home, investment property, vacant land or refinancing home loans from another lender, and if you want protection from interest rate increases and certainty of repayments.
With a fixed interest home loan rate your repayments remain the same for the selected term. With a guaranteed interest rate you know exactly how much you’re going to pay every time. At the end of the selected term, the home loan interest rate converts to our Standard Variable Home Loan rate current at that time.
Fixed Home Loan Features
- No monthly home loan account keeping fees
- Home loan interest rate fixed for 1, 2 or 3 years
- Flexible home loan repayments – weekly, fortnightly or monthly#
- Borrow up to 97%* of the property value
- Interest only home loan option available
- Special 12 month fixed home loan rate for First Home Buyers**
A member of our friendly, local and experienced home loan team is available to answer any questions you have about this home loan product and guide you through the home loan application process. Remember to ask them about MyState’s home loan pre-approval option which will enable you to make an offer quicker, with the confidence of knowing exactly how much you can afford to spend.
For more information about MyState’s Fixed Home Loan rate, make an appointment with one of our local home loan experts today or simply call in to your local branch.
How to apply for a MyState Home Loan
If you are ready to apply for a home loan, you can:
Make an appointment
Residential Investment Loan
A Residential Investment Loan can help you to buy an investment property or refinance investment home loans from another lender. This home loan can be split between a variable home loan interest rate and a fixed home loan rate and has the added convenience of a redraw facility.
Residential Investment Home Loan Features
- No monthly home loan account keeping fees
- 100% Offset Facility available
- Flexible home loan repayments – weekly, fortnightly or monthly
- Borrow up to 97%* of the property value
- Flexible home loan terms
- Redraw facilities available
- Interest only home loan options available
A member of our friendly, local and experienced home loan team is available to answer any questions you have about this home loan product and guide you through the home loan application process. Remember to ask them about MyState’s home loan pre-approval option which will enable you to make an offer quicker, with the confidence of knowing exactly how much you can afford to spend.
For more information about MyState’s residential investment home loan, make an appointment with one of our local home loan experts today or simply call in to your local branch.
How to apply for a MyState Home Loan
If you are ready to apply for a home loan, you can:
Make an appointment
* Loan applications are subject to our normal credit approval criteria and may also require approval of a Lenders Mortgage Insurer. Terms and Conditions, fees and charges apply.
** Immediately following the 12 month fixed rate period, loans will revert to the Essentials Home Loan rate at the time. MyState reserves the right to withdraw or amend this offer at any time.
*** Break costs may apply if a loan is paid out within the 12 month introductory period.
# Additional payments of $10,000 are allowable in year 1 and each year thereafter. Break cost fees may apply for larger additional payment amounts.
## MyState reserves the right to withdraw or amend this offer at any time.
^ The comparison rate is based on a loan amount of $250,000 over a loan term of 25 years. WARNING: The comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
^^ Providing that combined average balance of transaction, term deposit and loan accounts exceeds $50,000.