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Land Assistance Home Loan

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Are you wanting to purchase a block of land but don’t have the required deposit?

Now you can with our Land Assistance Program1

Our Land Assistance Program allows you to borrow up to 90% of the land value, with the Guarantor assisting with the final 10% (NB – Guarantor is sourced by South West Credit). This can be a great option for people looking to build a new home in the future. By paying off your block of land, you’re building equity to use for when you want to build.

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Benefits for the borrower:

  • Avoids the need for costly Mortgage Insurance
  • Builds equity for when you want to build
  • Gets you closer to owning your own home

Features:

  • Borrow up to 90% of the land value
  • Loan terms up to 30 years
  • Weekly, fortnightly or monthly repayments
  • Early repayment without penalty
  Additional Information:

1 Conditions Apply – please contact one of our lending consultants on (03) 5560 3900 for full terms and conditions.