We’re all about home ownership and we understand deposits in rising markets mixed with high establishment costs stop a lot of eager eligible home owners. We’re not interested in tying up friends and family’s home with guarantor loans. We also understand not all borrowers are the same.
For our professional products, we 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 genunine savings and only one borrower meets the essential worker criteria. We want to give back to those that give to the community, so Essential workers and their households can benefit from having the LMI paid for by Granite.
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
