Home loans

Save money on your home loan with a selection from our suite of loans and packages. Nexus Mutual has an extensive range of low cost, fully featured home loans for many purposes.

Platinum Home Loan

  • The Platinum Home Loan is a comprehensive banking package that gives you a home loan with significant interest discounts, no loan establishment fee, a complimentary Visa Platinum Credit Card and discounts on a range of other services. Save money, simplify your banking and benefit from Nexus Mutual's personal service.

  • Features of the Platinum Home Loan package include:

    • Significant discounts from Nexus Mutual's standard variable rate
    • Loan pre-approval so you can buy with confidence and get the best price
    • Linked saving account available with 100% interest offset for variable interest loans
    • Complimentary Visa Platinum Credit Card
    • Simple, all-inclusive annual fee
    • Fee-free redraws via mobile or internet banking
    • No fees for application, establishment, loan switching, further advances, contract variations and monthly account service fee
    • Rebate of monthly debit card access fee
    • Principal and interest, interest-only, fixed, variable and split interest rate options
    • Discounts on insurances for your home and vehicles when purchased through Nexus Mutual

    During variable interest rate periods, the Platinum Home Loan offers the option of a 100% transaction or savings offset facility. With this facility you enjoy the benefit of lower loan interest costs because interest is only calculated on the net balance of your loan, after offsetting the credit balance in your offset saving account.

    See how much you could save with a Nexus Mutual Platinum Home Loan.

    Apply Now  Save to PDF

    Or talk to a Home Loan Specialist on 1300 65 33 28 from 9.00am to 5.00pm, Monday to Friday.

  • Need assistance with paying your deposit?

    Nexus Mutual offers a Temporary loan facility, ask one of our Home Loan Specialists how it works! Call 1300 65 33 28 from 9.00am to 5.00pm Monday to Friday.

    Before you apply

    To help us process your home loan application quickly and easily, review the Home Loan application checklist for details of supporting documentation you'll need to provide.

    Looking for an investment loan?

    The Platinum Home Loan package is also available to investors who want to take advantage of a fully featured loan. Apply today.

    Additional Information

Essentials Home Loan

  • The Essentials Home Loan is a straightforward loan with a low rate that gives you the ability to make extra payments and redraw extra funds at any time without penalty.

  • Features

    • Low ongoing interest rate
    • Loan pre-approval so you can buy with confidence and get the best price
    • Variable interest rate option
    • Interest only option available for construction loans
    • Available for owner-occupiers
    • Make lump sum payments or no-fee redraws through internet and mobile banking

    Apply Now  Save to PDF

    Or talk to a Home Loan Specialist on 1300 65 33 28 from 9.00am to 5.00pm, Monday to Friday.

  • Need assistance with paying your deposit?

    Nexus Mutual offers a Temporary loan facility, ask one of our Home Loan Specialists how it works! Call 1300 65 33 28 from 9.00am to 5.00pm Monday to Friday.

    Before you apply

    To help us process your home loan application quickly and easily, review the Home Loan application checklist for details of supporting documentation you'll need to provide.

    Apply for an Essentials Home Loan today

Standard Home Loan

  • The Standard Home Loan is a straightforward loan with a competitive rate that gives you the flexibility to make extra payments and redraw extra funds at any time without penalty, or with the option of a 100% offset facility for your loan.

  • Features

    • Loan pre-approval so you can buy with confidence and get the best price
    • Fixed, variable, and split interest rates
    • Available for home and investment purposes
    • Make lump sum payments or redraw online without charge
    • Linked saving account available with 100% interest offset for variable interest loans
    • Interest only facility available

    Apply Now  Save to PDF

    Or talk to a Home Loan Specialist on 1300 65 33 28 from 9.00am to 5.00pm, Monday to Friday.

  • Need assistance with paying your deposit?

    Nexus Mutual offers a Temporary loan facility, ask one of our Home Loan Specialists how it works! Call 1300 65 33 28 from 9.00am to 5.00pm Monday to Friday.

    Looking for an investment loan?

    The Standard Home Loan is also available to investors who need a straight-forward loan to purchase residential property. Apply today.

    Before you apply

    To help us process your home loan application quickly and easily, review the Home Loan application checklist for details of supporting documentation you'll need to provide. 

    Apply for a Standard Home Loan today

Family Support Home Loan

  • Our Family Support Home Loan helps first home buyers to make up the required deposit by using equity in a parent’s or close family member’s house as security on their home loan.

  • As a first home buyer, saving for that elusive deposit is becoming harder and harder with property prices at an all-time high and the cost of living ever increasing.

    Our Family Support Home Loan helps first home buyers to make up the required deposit by using equity in a parent’s or close family member’s house as security on their home loan.

    • Family can offer a helping hand without having to borrow against their property or stump up cash to help the first home buyer in their life
    • Only a portion of the loan is guaranteed by the family member’s property – meaning that once the standard loan to value ratio requirements have been met (due to repayments or a rise in valuation) the guarantee can be released
    • No impact on eligibility of the First Home Owner Grant
    • A handy way to avoid paying Lenders Mortgage Insurance (LMI), if the arrangement allows the borrower to secure more than 20% of the property price as a deposit

    Whether a member of Nexus Mutual or not, any employee or long term contractor to the ExxonMobil group and family members (for example children and in some cases siblings, grandchildren, nieces and nephews) are eligible to join and apply for a Family Support Home Loan.

    Our team of dedicated specialists can tailor a Family Support Home Loan that will help you, or someone you love, get into their first home sooner. Enquire below and one of our team will be in touch shortly.

    Enquire Now

  • More information about our home loans

Line of Credit

  • A Line of Credit is a mortgage secured loan facility that allows you to take advantage of the equity in your home. With a Line of Credit, you can withdraw funds and make payments into your loan at any time.

  • Features

    • Convenient - with your Line of Credit, you'll have no need to apply for a loan each time you need to make a significant purchase
    • A very low interest rate as the Line of Credit is mortgage secured. You can utilise this for things like fully paying off a credit card or other debt consolidation to enjoy a lower interest rate
    • Repayment flexibility - no fixed repayment period or amount. And if you have a windfall you can pay it into your Line of Credit and decrease your debt without worrying about fees such as an early loan pay out fee
    • Attached to a separate account. If the Line of Credit is used for investment purposes, interest paid and fees incurred are easily identifiable for the ease of preparing tax returns
    • Allows you to use the equity in your property when it suits you. When not in use, no interest is charged
    • Once the facility is approved, it is completely your choice how much you use it, when you use it, and when you pay it back, up to your approved limit

    Apply Now  Save to PDF

    Or talk to a Home Loan Specialist on 1300 65 33 28 from 9.00am to 5.00pm, Monday to Friday.

  • Before you apply

    To help us process your Line of Credit Loan application quickly and easily, review the Home Loan application checklist for details of supporting documentation you'll need to provide. 

    Apply for a Line of Credit Loan today

Bridging Loan

  • Looking to buy a new home and haven't sold your existing one? Nexus Mutual can help you with a bridging loan.

  • Features of the Bridging Loan include:

    • Secure the home you desire without the worry
    • Loan pre-approval so you can buy with confidence and get the best price
    • Loan term from 1 day to 1 year
    • Provides short term funding when changing homes
    • Repayment required only at the end of the loan
    • Borrower can choose to make principal repayments during the loan term without penalty
  • Need assistance with paying your deposit?

    Nexus Mutual offers a Temporary loan facility, ask one of our Home Loan Specialists how it works! Call 1300 65 33 28 from 9.00am to 5.00pm Monday to Friday.

    Before you apply

    To help us process your home loan application quickly and easily, review the Home Loan application checklist for details of supporting documentation you'll need to provide. 

    Apply for a Bridging Loan today

Investment Plus Loan

  • A specially structured fixed-rate interest only investment loan, purpose built for investors. 

    • Manage your finances – pay next year's interest in advance
    • Low fixed rate
    • Transaction Fee rebate
  • Features of the Investment Plus Loan

    • Standard Terms
      • Nexus Mutual standard variable rate (after fixed rate period)
      • Fixed interest rate is discounted from Nexus Mutual's standard variable rate
      • Loan term is 20 years (renewed annually)
      • Minimum loan amount is $20,000
      • Talk to one of our Home Loan Specialists about the maximum loan amount
    • Repayment options
      • Interest only during the fixed rate period
      • Pay principal and interest or interest only during variable rate period
      • Repayments are monthly
      • Interest only loan repayments can be paid annually in advance
      • Additional payments are not available during interest only or fixed rate interest periods of the loan
      • Early repayments are not available during interest in advance period
    • Other features
      • Offset facility is available once the fixed rate period is completed
      • Redraw facility available during variable rate periods only
  • Before you apply

    To help us process your home loan application quickly and easily, review the Home Loan application checklist for details of supporting documentation you'll need to provide. 

    Apply for an Investment Plus Loan today