Homeloans Optima

The Homeloans Optima product has all the essentials for a home loan for purchase, refinance and debt consolidation with a competitive interest rate.

There is also an option for an Offset package designed for home buyers and investors who want a flexible home loan solution with an Offset facility. This is a fully transactional loan enabling customers to pay off their loan while maintaining flexibility.


Product Specs

Interest Rates from

Loan Base rate (variable) Comparison rate
Homeloans Optima 3.68%pa* 3.71%pa
Homeloans Optima Fixed rates from^ Comparison rate
1 year fixed 3.88%pa 3.73%pa
2 year fixed 3.99%pa 3.77%pa
3 year fixed 4.09%pa 3.82%pa
4 year fixed 4.39%pa 3.95%pa
5 year fixed 4.49%pa 4.04%pa

*Homeloans Optima variable rate above apply to owner occupier loans less than $1.5M, with principal & interest repayments and LVR <=70%. ^Homeloans Optima fixed rates above apply to owner occupier loans with principal & interest repayments. For other loans, please refer to the below comprehensive rates tables.

Product Features

  • $0 application and valuation fees#
  • Up to 95% LVR for purchases (additional credit criteria applies)
  • 100% Offset option available
  • Competitive fixed and variable rates with split rate options
  • Extra repayments and unlimited free redraw
  • Online account access

Not all features available on all products. Please refer to product specs for additional information.

#Applies to standard loan submissions for new loans only. One standard valuation per application valued at up to $300 is provided free of charge on Ultra Plus, Optima, MoniPower. Application fee of $199 waived on Ultra Plus, Optima, MoniPower and FlexiChoice Prime loans. Settlement fees of $363 waived on FlexiChoice Prime loans. Any non-standard valuations and additional valuations are at the cost of the borrower. Other fees and charges apply.

Downloadable Forms

Please email applications and supporting documents to broker.support@homeloans.com.au.

Order Valuation

Order Valuation – Homeloans Optima Only

Supporting Documents – not uploading these documents will cause delay
• For Purchases – Full contract of sale to be uploaded
• For Refinances – Rates notice to be uploaded

Valuation cannot be passed on to Homeloans unless the report confirms valuer has sighted COS or rates notice. It is the responsibility of the broker to upload this information upon initial ordering of the valuation report. If this is not completed, the valuation report will be returned to the broker advising “COS or rates notice have not been sighted”. The broker must raise a query, upload the required documentation (COS or rates notice), and once an amended report has been received by the broker, they may then proceed to send the valuation report to Homeloans.

Your Username is your Homeloans Accreditation ID.

Order Valuation

Comprehensive rates tables

Homeloans Optima Variable Rates

LVR LVR up to 70% LVR 70.01% - 80% LVR 80.01% - 90% LVR over 90%
Owner Occupier, Principal & Interest Term Loans
(Comparison rate)
3.68%pa
(3.71%pa)
3.78%pa
(3.81%pa)
3.98%pa
(4.01%pa)
4.18%pa
(4.21%pa)
Owner Occupier, Interest Only Term Loans
(Comparison rate)
4.13%pa
(4.16%pa)
4.43%pa
(4.46%pa)
N/A
N/A
Investment, Principal & Interest Term Loans
(Comparison rate)
3.88%pa
(3.91%pa)
4.13%pa
(4.16%pa)
4.53%pa
(4.56%pa)
N/A
Investment, Interest Only Term Loans
(Comparison rate)
4.28%pa
(4.31%pa)
4.73%pa
(4.76%pa)
N/A
N/A


Homeloans Optima Fixed Rates

Fixed Rates - Owner Occupier Loans LVR up to 70% LVR 70.01% - 80% LVR over 80%
Repayment Type P&I I/O P&I I/O P&I I/O
1 year fixed rate
(Comparison rate)
3.88%pa
(3.73%pa)
4.09%pa
(4.16%pa)
4.08%pa
(3.84%pa)
4.59%pa
(4.48%pa)
4.28%pa
(4.04%pa)
N/A
2 year fixed rate
(Comparison rate)
3.99%pa
(3.77%pa)
4.29%pa
(4.19%pa)
4.09%pa
(3.87%pa)
4.59%pa
(4.49%pa)
4.29%pa
(4.07%pa)
N/A
3 year fixed rate
(Comparison rate)
4.09%pa
(3.82%pa)
4.39%pa
(4.23%pa)
4.19%pa
(3.92%pa)
4.69%pa
(4.53%pa)
4.39%pa
(4.12%pa)
N/A
4 year fixed rate
(Comparison rate)
4.39%pa
(3.95%pa)
4.59%pa
(4.32%pa)
4.49%pa
(4.05%pa)
4.84%pa
(4.60%pa)
4.69%pa
(4.25%pa)
N/A
5 year fixed rate
(Comparison rate)
4.49%pa
(4.04%pa)
4.69%pa
(4.39%pa)
4.59%pa
(4.14%pa)
4.99%pa
(4.70%pa)
4.79%pa
(4.35%pa)
N/A
Fixed Rates - Investor Loans LVR up to 70% LVR 70.01% - 80% LVR over 80%
Repayment Type P&I I/O P&I I/O P&I I/O
1 year fixed rate
(Comparison rate)
3.99%pa
(3.92%pa)
4.24%pa
(4.31%pa)
4.09%pa
(4.16%pa)
4.89%pa
(4.78%pa)
4.19%pa
(4.53%pa)
N/A
2 year fixed rate
(Comparison rate)
4.19%pa
(3.97%pa)
4.34%pa
(4.32%pa)
4.29%pa
(4.19%pa)
4.89%pa
(4.79%pa)
4.39%pa
(4.54%pa)
N/A
3 year fixed rate
(Comparison rate)
4.39%pa
(4.05%pa)
4.49%pa
(4.37%pa)
4.49%pa
(4.26%pa)
4.99%pa
(4.83%pa)
4.59%pa
(4.58%pa)
N/A
4 year fixed rate
(Comparison rate)
4.49%pa
(4.12%pa)
4.59%pa
(4.42%pa)
4.59%pa
(4.32%pa)
5.09%pa
(4.89%pa)
4.69%pa
(4.62%pa)
N/A
5 year fixed rate
(Comparison rate)
4.59%pa
(4.20%pa)
4.69%pa
(4.48%pa)
4.69%pa
(4.39%pa)
5.19%pa
(4.96%pa)
4.79%pa
(4.67%pa)
N/A

Interest rates on this site were updated on 16 May 2018. Rates shown apply to new business only and may vary before your loan is settled. Rates shown do not apply to all loan sizes, purposes, repayment types, scenarios or LVRs. Click on the loan name for more information. The comparison rate is calculated on the basis of a loan of $150,000 over a term of 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. Terms & conditions, fees, charges and credit criteria apply.

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