Westpac Home Loan Lender

Westpac Home Loan Lender

Westpac Home Loan Lender, or more formally known as Westpac Banking Corporation, began as The Bank of New South Wales in 1817. It then changed its name to Westpac in 1982. Westpac Home Loan Lender has since become the third largest bank in Australia and among the top 10 listed companies in the Australian Stock Exchange.

Westpac Home Loan Lender offers several financial services, including home and personal loans, credit cards, and insurance.

Westpac Home Loan Lender provides several options under their home loan services:

1. Westpac Home Loan Lender's Rocket Pay was awarded by Money Magazine as the Best Featured Home Loan in 2007. The Rocket Pay loan creates a transaction account wherein a borrower can deposit his salary and savings. The money saved is offset against the loan amount, helping them save on interest payments.
2. Westpac Home Loan Lender's First Option Loan offers one of the lowest variable interest rates.
3. Westpac Home Loan Lender's Premium Option Loan offers flexible terms and variable interest rates. Borrowers can use the SmartPay option to save on loan interest payments. A low documentation version of this loan is available to self-employed borrowers.
4. Westpac Home Loan Lender's Equity Access Loan gives borrowers access to equity in their property. They only pay interest for equity funds that are used.
5. Westpac Home Loan Lender's Fixed Options Loan allows borrowers to lock in a fixed interest rate for certainty against fluctuating rates. A low documentation version of this loan is available for self-employed borrowers.
6. Westpac Home Loan Lender's 1 Year Guaranteed Loan is a loan that locks in a discounted interest rate for the first year of repayment. This loan later switches to the standard variable interest rate after the guarantee period.

For more information, loan applicants may get in touch through Westpac Home Loan Lender's customer service representatives. The Westpac Home Loan Lender staff may help discuss options with prospective borrowers.