At API Home Loans, you can chose to apply for a home loan or investment loan that has a variable rate or a fixed rate or you may chose to split your facility between the two. The API Home Loans Standard Variable Rate Product delivers a highly competitive interest rate with No Package Fee, No Application Fee and No Settlement Fee for new loans. The Premium Variable Rate Home Loan has a lower interest rate but includes an upfront and annual fee. It is more suited to larger new loan borrowings.
API Home Loans customers can organise their facilities to suit their individual needs and circumstances including:
- Separate (Split) Loans for tax purposes or special purpose accounts
- Principal & Interest Loans
- Interest Only loans for fixed terms
- Stand-by funds at no cost until drawn down in accordance with future plans
- Portability of loans to change over properties.
View our current rates information.