Basic Home Loans
Basic home loans are a type of loan that trades off flexibility and in return offers a low ongoing interest rate, lower or no ongoing fees and often a reduced or waived application fee.
This type of loan has minimal features and generally doesn’t offer an offset account, repayment holidays, ATM card, cheque book or Bpay. If you are after a simple loan that is easy to use, then the basic home loan would be well suited to you.