We’re all about home ownership, and we understand that deposits in rising markets, mixed with high establishment costs, prevent many eager, eligible home owners from becoming homeowners. We’re not interested in tying up friends and family’s homes with guarantor loans, and we also understand that not all borrowers are the same.
Our professional products don’t need genuine savings as long as the borrower meets the criteria. We are looking to back people who have studied hard and have great careers ahead of them.
For our Essential Workers, we only need $5,000 in genuine savings, and only one borrower meets the essential worker criteria. We want to give back to those who give to the community so that Essential workers and their households can benefit from having Granite pay for the LMI.
Key features
No lender’s mortgage insurance
No parental assistance needed
No minimum income requirements
Fast and accessible internet banking system
Rate drop down at 90% (for professional only) / 80% LVR (on request)
Payment cycle that suits you with monthly, fortnightly or weekly repayments
Key features
No lender’s mortgage insurance
No parental assistance needed
No minimum income requirements
Fast and accessible internet banking system
Rate drop down at 90% (for professional only) / 80% LVR (on request)
Payment cycle that suits you with monthly, fortnightly or weekly repayments
Quick links
Full features and benefits
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Loan features |
Professional:
Essential Worker:
No LMI Owner Occupied or Investor:
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Borrower |
Who is eligible? Professional:Main income earner must be:
Essential worker:Any borrower on the loan must be employed permanent full time, off probation in the following role:
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Optional features |
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Repayment features |
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Exclusions |
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Calculator and LoanApp login
Standard calculator
LoanAppAll applications must be submitted via LoanApp
Calculator and LoanApp login
Standard calculator
LoanAppAll applications must be submitted via LoanApp
