Home Loans
One of the biggest financial decisions that you will ever make will involve buying a house, unit or block of land, so come and have a personalised interview with Yvonne or David at Nova Alliance Bank®.
Nova has a range of home loans and property related loans which can be used for investing and other wealth creation opportunities, including home improvements, so why not talk to us.
Home Loan Rate
3.98% pa
Comparison
Home Loan Rate
3.98% pa*
At Nova we offer a range of Home Loans to suit all individual needs. Whether you are a first home owner, a family looking to upsize or planning for retirement we have a package that suits you.
Home Loan Rate
4.54% pa
Comparison
Home Loan Rate
4.54% pa*
Key features of a Nova Alliance Bank® Home Loan
Up to 95% of property valuation.
Terms up to 30 years, with special redraw facility (minimum $500).
Nova Alliance Bank®’s mortgage loans are completely fee free.
Ability to make unlimited additional payments, allowing you to pay your loan off sooner.
Flexible repayments, at Nova you are able to pay weekly, fortnightly or monthly, whatever suits your personal requirements.
We offer competitive variable interest rate loans or interest only loans and due to the many different priorities of our members we can package the features of a loan to suit you. For example, you may want an interest only loan for investment purposes or you may want a Line of Credit so you can afford the extras for your house or you may want a ‘no frills’ basic home loan with a consistently low interest rate.
Loans are subject to the Nova Alliance Bank® lending policy and must be secured by a mortgage over residential zoned property. Fees and charges may apply.
We can arrange your Building and Contents and/or Landlords Insurance for you together with Loan Protection Insurance for peace of mind and added security.
Have you found that perfect block of land where you want to build your dream home?
Do you want to build you own home so that it reflects you and your family?
At Nova Alliance Bank® we can help you achieve those dreams and like your new home that reflects you as individual, our land/building loans will also reflect your individual financial needs.
Home Loan Rate
4.79% pa
Comparison
Home Loan Rate
4.79% pa*
Key features of a Nova Alliance Bank® Land and/or Building Loan
We can arrange everything so that you don’t need to even contact your current institution.
We guide you through the process.
Looking to make a change, want a bank that can offer you one on one service, disillusioned with you current financial institution? Our strength at Nova Alliance Bank® is our ability to personalise loans, our aim is to provide you with a home loan that suits your individual needs.
Home Loan Rate
4.79% pa
Comparison
Home Loan Rate
4.79% pa*
Key features of refinancing with a Nova Alliance Bank® home loan
We can arrange everything so that you don’t need to even contact your current institution
We guide you through the process.
If you want a Nova Loan that offers you that little bit more flexibility to renovate, invest, travel; then maybe our line of credit loan is the one that you are looking for.
Line of credit rate
5.015% pa
Key features of a Nova Alliance Bank® line of credit
Line of Credit loans are available for eligible members as a pre-approved revolving credit facility.
Funds are available for you whenever you need them, it allows for flexibility for how you manage your funds.
Interest is only charged when you use your Line of Credit.
Acceptable securities are a mortgage over residential real estate or a Term Deposit with Nova.
Up to 80% of property valuation.
Nova Alliance Bank®’s mortgage loans are completely fee free.
Ability to make unlimited additional payments, allowing you to pay your loan off sooner or increasing the amount of funds available to redraw.
At Nova you are able to pay weekly, fortnightly or monthly, whatever suits your personal requirements.
Our Home Loans offer terms up to 30 years and a flexible repayment scheme with the option of making additional repayments to reduce the interest and term of your loan.
Loans are subject to the Nova Alliance Bank® lending policy and must be secured by a mortgage over residential zoned property. Fees and charges may apply.
We can arrange your Building and Contents and/or Landlords Insurance for you together with Loan Protection Insurance for peace of mind and added security.
More information on Nova Alliance Bank® loans.
- Calculators and Tools
- Interest Rates
- What information do we need from you?
- What other loans are available?
How much can I borrow?
For information on how much you can borrow, click on the link below. Estimate your repayments at the current interest rates
What are the current interest rates for home loans?
For information on how much you can borrow, click on the link below. Estimate your repayments at the current interest rates.
What you’ll need to provide to us when you apply:
For a full listing of extra information we require to process a loan application, click below.
*Important information The Comparison Rate is calculated on a loan amount of $150,000 for a term of 25 years based on monthly repayments. 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.
NOVA Mutual Limited ACN 087 650 440 (NOVA) is an agent of Bendigo and Adelaide Bank Limited (Bendigo Bank) ACN 068 049 178 AFSL/Australian Credit Licence 237879 in the distribution of NOVA Alliance Bank® branded products and services. NOVA also has arrangements with other third parties as detailed in the Financial Services Guide.
NOVA Alliance Bank® branded deposits and loans are deposits and loans of Bendigo Bank. This website provides general advice only and information has been prepared without taking into account your objectives, financial situation or needs. We recommend that you seek independent advice before making any decisions based on this information. Consider the relevant disclosure documents, which includes terms and conditions for the various NOVA Alliance Bank® products and services as this information is relevant when deciding whether to acquire or hold an NOVA Alliance Bank® product. NOVA Alliance Bank® is a trade mark of Bendigo Bank.
