Super Low Rates

Limited Time Special3

1.79%

Interest rate p.a 1a
(Principal and Interest)

1.84%

Comparison rate p.a 1,2


No-Frills Owner Occupied Home Loan

2.04%

Interest rate p.a 1b
(Principal and Interest)

2.07%

Comparison rate p.a 1,2


    Home Loan Enquiry

    Please complete the form below and our Loan Team will be in touch soon.

    Loan Features

    super-lowrate

    Super Low Rate

    Pay Anyone & BPAY® Available

    Weekly, Fortnightly or Monthly Repayments

    Multiple Loan Splits Possible

    No Monthly or Ongoing Account Fees

    super-lowrate

    Free Online Redraws

    Unrestricted Extra Repayments

    Schedule Recurring Paymentsor Transfers

    Additional Features for Star Gold Only

    100% Mortgage Offset Account

    Visa Debit Card Provided with ATM Access

    Owner Occupied Rates + Fees

    Loan Setup Fees Variable Rate Fixed Rate
    Application Fee $395
    Star Gold Only
    $0
    Monthly Account Fee $0 $0
    Annual Account Fee
    (Fixed period only)
    $0 $395
    Valuation Fee $251.354 $251.354
    Legal Documentation Fee $2644 $2644
    Fixed Rate Lock In fee (optional) - $4954
    Verification of Identity Fee $27.504 $27.504
    PEXA Fee $57.204 $57.204
    Government Charges and Search Fees At Cost4 At Cost4
    Discharge Fee $5353 $5353

    Are you ready to save?

    We've made it easy

    Fast & Effortless to Apply

    Simply place an enquiry online or call us

    Speak over the phone

    with one of our Loan Specialists

    Feel Fully Supported

    Throughout the process

    After Settlement

    Enjoy the Savings!

    Deciding between a variable or fixed rate, try the Split Loan Repayments Calculator to help you decide

    Split Loan Repayments

    Check out all the calculators we have available to support your home loan journey

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    About Homestar Finance

    Homestar Finance Pty Ltd ACN 109 413 498 Australian Credit Licence Number 390 860 has been providing affordable home loans to Australian families since 2004. We are a wholly owned subsidiary of Columbus Capital Pty Ltd, an Australian private company with over $7 billion in loans under management.

    Homestar Finance is a proud sponsor of the Sydney Thunder Cricket Team (KFC Big Bash League).

    Award Wining Lender

    Got questions?

    What do I need to know before applying?

    All you need to begin your application online are details of your income, current credit obligations (like personal loans and car loans), available credit limits (from credit cards, store cards and interest fee accounts) and the amount you are looking to borrow.

    Can I apply for a Homestar home loan face-to-face with a lending specialist?

    In general, we do not offer face-to-face appointments because this would significantly add to the cost of providing you with your loan. We would need to pass this cost on to you in the form of higher interest rates or fees – which we really do not want to do! Our Lending Specialists use great loan processing technology so that we can do all the things that you would typically expect in a face-to-face loan application process by phone- and we can do it in a fraction of the time that a face-to- face meeting would take.

    What is Lenders Mortgage Insurance (LMI)?

    Lenders Mortgage Insurance (LMI) is insurance that protects the lender in the event the borrower defaults and the security property is sold and the funds from the proceeds of the sale are not enough to discharge the loan. The LMI then pays the Lender the shortfall.  The rights to recover the shortfall from all of the parties on the loan (borrowers) are then transferred across to the LMI who will pursue the shortfall. The cost of LMI insurance is a one off payment at the start of the loan. It is usually added to the loan amount and should not be confused with Building Insurance or Income Protection Insurance

    What is a Comparison Rate?

    A comparison rate is a legislated calculation which gives consumers an idea of the actual cost of the loan, as it includes the interest rate and the standard fees applicable to that loan. It avoids consumers being misled by lenders advertising a lower interest rate, but charging high fees to compensate for the low rate.

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    1a Rates shown apply to new eligible home loans only, up to 60% LVR, loan amounts minimum of $250k and up to $850k and at least one applicant is on PAYG employment. Rates are subject to change without notice. Existing borrowers may have different interest rates which are dependent on the rate offered to the borrower at the date when a home loan settled and any reductions or increases the lender decided to make on the existing loan over time. Accordingly, there is not one standard variable rate that applies to all Homestar home loans and existing customers can confirm their current rate(s) by logging in to internet banking or by contacting customer service. Terms, conditions, and eligibility criteria apply.

    1b Rates shown apply to new eligible home loans only, up to 80% LVR, loan amounts up to $1m and at least one applicant is on PAYG employment. Rates are subject to change without notice. Existing borrowers may have different interest rates which are dependent on the rate offered to the borrower at the date when a home loan settled and any reductions or increases the lender decided to make on the existing loan over time. Accordingly, there is not one standard variable rate that applies to all Homestar home loans and existing customers can confirm their current rate(s) by logging in to internet banking or by contacting customer service. Terms, conditions, and eligibility criteria apply.

    2 Comparison rates are based on a basic Homestar loan, on a $150,000 loan amount over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

    3 This is a Limited Time Special, only available on applications received by 31st August 2021 and settlement by 30th November 2021.

    Other fees and charges may apply.

    DISCLAIMER: Terms, conditions and eligibility criteria apply to all our loan products and features. Fees, charges and disbursements are payable. Final approval is subject to credit assessment. Information valid as at 25th May 2021 which is subject to change without notice. Please consider if the product is appropriate for your individual circumstances. If you need assistance or have any questions about a product or feature and its suitability, please contact our Loan Specialists.

    Registered to BPAY Pty Ltd ABN 69 079 137 518