Star Gold

A home loan with all the features and a Super Low Rate from

1.79%

Interest rate p.a 1
(Principal and Interest)

1.84%

Comparison rate p.a 1,2


    Home Loan Enquiry

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




    Did you know? For a limited time only, our multi-award-winning Star Gold home loan will allow you up to a 70% LVR (Loan to Value Ratio)!

    *Applications can be submitted until 31st December 2021, with settlements finalised by 31st March 2022. Limited time only.

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    Loan Features

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    Super Low Rate

    Bpay icon

    Pay Anyone & BPAY® Available

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    Weekly, Fortnightly or Monthly Repayments

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    Multiple Loan Splits Possible

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    Visa Debit Card

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    No Monthly Fees

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    Free Online Redraws

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    Schedule Recurring Payments or Transfers

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    Unrestricted Extra Repayments

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    Offset Account

    View Product brochureView Target Determination

    Homestar Product Comparison Table

    Product Name Star Gold Owner Occupied
    		 Star Essentials Owner Occupied
    		 Star Classic Owner Occupied Variable Rate
    		Star Choice Owner Occupied Variable Rate
    		Star Classic Owner Occupied Fixed Rate
    		 Star Classic Owner Occupied
    Construction
    Principal & Interest Principal & Interest Principal & Interest Interest Only Principal & Interest 1 Year
    Principal & Interest         		2 Year
    Principal & Interest         		3 Year
    Principal & Interest
    Rate (80% LVR) except Star Gold 1.79%p.a. 1.99%p.a. 2.09%p.a. 2.39%p.a. 1.99%p.a. 2.29%p.a. 2.49%p.a. 2.69%p.a. 2.39%p.a.
    Comparison Rate 1.84%p.a. 2.02%p.a. 2.12%p.a. 2.42%p.a. 2.02%p.a. 2.14%p.a. 2.19%p.a. 2.27%p.a. 2.51%p.a.
    Variable ✔ ✔ ✔ ✔ ✘ ✘ ✘ ✔
    Term 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years
    Interest Only Period ✘ ✘ ✘ 5 Years ✘ ✘ ✘ ✘ 5 Years
    Maximum Loan Amount
    (Single Security)*    		 $850,000 $1,500,000 $1,500,000 $1,500,000 $1,000,000 $1,500,000 $1,500,000 $1,500,000 $1,250,000
    Maximum Loan Amount (MultipleSecurity)* N/A $2,000,000 $2,000,000 $2,000,000 N/A $2,000,000 $2,000,000 $2,000,000 $2,000,000
    Maximum Loan-to-Value Ratio 60% 80% 90% 90% 90% 90% 90% 90% 80%
    Accepts Weekly/Fortnightly/Monthly Payments ✔ ✔ ✔ Monthly Only ✔ ✔ ✔ ✔ ✔
    LMI Applicable ✘ ✘ Above 80% Only Above 80% Only ✘ Above 80% Only Above 80% Only Above 80% Only ✘
    Available for:
    Home Purchase ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✘
    Home Refinance ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✘
    Construction ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✔
    Features:
    Internet Banking ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔
    BPAY ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔
    Debit Card ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔
    Free Loan Splits 4 4 4 4 4 4 4 4 4
    Redraw ✔ ✔ ✔ ✔ ✔ Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a. ✘
    Offset Account ✔ ✘ ✔ ✔ Optional Extra
    Rate May Differ     		Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a. ✘
    Read more Read more Read more Read more Read more Read more Read more

    *Loan borrowing amounts, Loan-to-Value Ratio and Rates are subject to terms, conditions, eligibility criteria and final credit assessment.

    Rates + Fees

    Fees Star Gold Owner Occupied
    		 Star Essentials Owner Occupied
    		 Star Classic Owner Occupied Variable Rate
    		Star Choice Owner Occupied Variable Rate
    		Star Classic Owner Occupied Fixed Rate
    		 Star Classic
    Owner Occupied
    Construction
    Principal & Interest Principal & Interest Principal & Interest Interest Only Principal & Interest 1 Year
    Principal & Interest         		2 Year
    Principal & Interest         		3 Year
    Principal & Interest
    Application Fee $395 $0 $0 $0 $0 $0 $0 $0 Refer to the fees located on the Construction page
    Month Account Fee $0 $0 $0 $0 $0 $0 $0 $0
    Annual Account fee $0 $0 $0 $0 $0 $0 $0 $0
    Valuation Fee $242.204,5 $242.204,5 $242.204,5 $242.204,5 $242.204,5 $242.204,5 $242.204,5 $242.204,5
    Legal Documentation Fee $2644,5 $2644,5 $2644,5 $2644,5 $2644,5 $2644,5 $2644,5 $2644,5
    Fixed Rate Lock
    in Fee (optional)     		✘ ✘ ✘ ✘ ✘ $4954,5 $4954,5 $4954,5
    Verification of Identity Fee $27.54,5 $27.54,5 $27.54,5 $27.54,5 $27.54,5 $27.54,5 $27.54,5 $27.54,5
    PEXA Fee $57.24,5 $57.24,5 $57.24,5 $57.24,5 $57.24,5 $57.24,5 $57.24,5 $57.24,5
    Government Charges
    and Search Fees     		At Cost4,5 At Cost4,5 At Cost4,5 At Cost4,5 At Cost4,5 At Cost4,5 At Cost4,5 At Cost4,5
    Discharge Fee $5356 $5356 $5356 $5356 $5356 $5356 $5356 $5356

    Homestar Product Comparison Table

    Product Name Star Classic
    Investment Variable Rate
    		 Star Classic
    Investment Fixed Rate
    		 Star Classic
    Owner Occupied
    Construction
    Principal & Interest Interest Only 1 Year
    Principal & Interest         		2 Year
    Principal & Interest         		3 Year
    Principal & Interest
    Rate (80% LVR) 2.29%p.a. 2.59%p.a. 2.49%p.a. 2.69%p.a. 2.89%p.a. 2.59%p.a.
    Comparison Rate 2.32%p.a. 2.62%p.a. 2.34%p.a. 2.39%p.a. 2.47%p.a. 2.71%p.a.
    Variable ✔ ✔ ✘ ✘ ✘ ✔
    Term 30 Years 30 Years 30 Years 30 Years 30 Years 30 Years
    Interest Only Period ✘ 5 Years ✘ ✘ ✘ 5 Years
    Maximum Loan Amount
    (Single Security)*    		 $1,500,000 $1,500,000 $1,000,000 $1,000,000 $1,000,000 $1,250,000
    Maximum Loan Amount (MultipleSecurity)* $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000
    Maximum Loan-to-Value Ratio 90% 90% 90% 90% 90% 80%
    Accepts Weekly/Fortnightly/Monthly Payments ✔ Monthly Only ✔ ✔ ✔ ✔
    Available for:
    Home Purchase ✔ ✔ ✔ ✔ ✔ ✘
    Home Refinance ✔ ✔ ✔ ✔ ✔ ✘
    Construction ✘ ✘ ✘ ✘ ✘ ✔
    Features:
    Internet Banking ✔ ✔ ✔ ✔ ✔ ✔
    BPAY ✔ ✔ ✔ ✔ ✔ ✔
    Debit Card ✔ ✔ ✔ ✔ ✔ ✔
    Free Loan Splits 4 4 4 4 4 4
    Redraw ✔ ✔ Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a. ✘
    Offset Account ✔ ✔ Max $20,000 p.a. Max $20,000 p.a. Max $20,000 p.a. ✘
    Read more Read more Read more

    *Loan borrowing amounts, Loan-to-Value Ratio and Rates are subject to terms, conditions, eligibility criteria and final credit assessment.

    Rates + Fees

    Fees Star Classic
    Investment Variable Rate
    		 Star Classic
    Investment Fixed Rate
    		 Star Classic
    Owner Occupied
    Construction
    Principal & Interest Interest Only 1 Year
    Principal & Interest         		2 Year
    Principal & Interest         		3 Year
    Principal & Interest
    Application Fee $0 $0 $0 $0 $0 Refer to the fees located on the Construction page
    Month Account Fee $0 $0 $0 $0 $0
    Annual Account fee $0 $0 $0 $0 $0
    Valuation Fee $242.204,5 $242.204,5 $242.204,5 $242.204,5 $242.204,5
    Legal Documentation Fee $2644,5 $2644,5 $2644,5 $2644,5 $2644,5
    Fixed Rate Lock in Fee (optional) ✘ ✘ $4954,5 $4954,5 $4954,5
    Verification of Identity Fee $27.54,5 $27.54,5 $27.54,5 $27.54,5 $27.54,5
    PEXA Fee $57.24,5 $57.24,5 $57.24,5 $57.24,5 $57.24,5
    Government Charges and Search Fees At Cost4,5 At Cost 4,5 At Cost4,5 At Cost4,5 At Cost4,5
    Discharge Fee $5356 $5356 $5356 $5356 $5356

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    Getting Started

    Simply place an enquiry online or call us to get your home loan journey started! We’ll support you through the process from start to settlement.

    Pre-Qualification 

    Our Pre-qualification team will contact you to determine your home loan needs and eligibility. Once qualified, our team will have an appointment booked for you with a Loan Specialist.

    Appointment

    Our Loan Specialist team will go through any requirements for your loan, and help you work out which home loan option is best for you. Request for documents and identification process will be sent to you.  

    Processing

    Our team will gather your supplied documents and arrange required processing (credit checks, valuations and confirming your identification). We will package your home loan application for approval. 

    Submission

    Your home loan application will be sent for final approval. 

    Settlement

    Our team will liaise directly with you and any intermediaries to ensure a smooth settlement of your home loan. Enjoy your savings! 

    Check out our Loan Comparison calculatorto help your find your ideal home loan

    Loan Comparison

    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).

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    Got questions?

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    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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    1 Rates shown apply to new eligible Owner Occupied home loans only, up to 70% LVR, loan amounts minimum of $250,000 and up to $850,000 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.

    3Applications received by 31st December 2021 and settled by 31st March 2022.

    4Third party cost(s) incurred by service provider(s) are payable and may vary or increase depending on the service provider, nature of the service and request. Any additional cost(s) are passed on directly to the applicants(s). If there is a variation or an increase, a separate quote will be provided.

    5Disbursements payable.

    6Discharge fee is waived if loan reaches full term as per the loan agreement.

    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 27th October 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.

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