SERVICE ONE offers a range of home loan options so you can tailor your loan to your needs. Whether you are moving to a bigger property, building your home or simply wanting to access the equity you already have in your home, our flexible borrowing options can help.
Additional scenario based loan options
| Construction Loan |
If you're thinking of building your dream home, our Construction Home Loan option is for you. It's available across most of our home loans, so you can choose the home loan that best suits your needs, and focus on building your new home. |
| Bridging Loan |
If you have found the perfect new home for you and your family and the offer has been accepted but things are on hold because you are having problems selling your current property, then a Bridging Loan could be the answer to your problem. The Bridging Loan is used to do just as its name suggests, to bridge the gap until your current property is sold. Interest rate available upon request or application. |
| Supplementary Loan |
Using the equity in your home as collateral, you can secure additional funds at a variable rate or fixed rate lump sum for smaller items including house repairs or extensions, consolidating personal debt or even paying hospital bills. |
| Funds for environmentally- friendly solutions |
Have a home loan with SERVICE ONE and want to purchase some environmentally-friendly solutions for your home? You have the option of either topping-up your existing loan or we can establish a new loan for you, at a term that suits you. |
Features
| Split/combination Loan |
A split or combination home loan offers security in repayments and protects you from potential rate rises by allowing you to have part of your loan as a variable rate and the other as a fixed rate. |
| Portability |
If you are moving to a new home and want to take your SERVICE ONE home loan with you, we can simply change the security details on your loan to your new property and you can continue enjoying the great value SERVICE ONE loan solutions you've become accustomed to. |
Borrowing options
| Family Assist |
Our family assist option allows first home buyers to enter the home-owner market much quicker and without the need to have substantial savings ready-to-go. A member of your immediate family such as your parents or a sibling can co-borrow with you, and can also utilise the collateral in their home as additional security to secure the loan. |
| Interest only |
With our interest only option, your repayments only cover the interest component, and the principal is repaid in full at the end of the loan term. As you only repay the interest component, the interest only option can have lower repayments than principal and interest loans, and are a good option for investment purchases or home renovations. View more information on interest only loans v principle and interest loans. |
