It's our way of saying thank you.
Our essential workers keep our communities safe. As they continue to do this during the COVID-19 pandemic, we want to show our appreciation and say thank you. This is why we've introduced our Essential Services Package, which helps eligible essential workers with home and investment loans.
How can the Essential Services Package help me?
No LMI for up to 90% LVR
To avoid paying Lenders Mortgage Insurance (LMI), you generally need to have a 20% deposit, which gives you a Loan to Value Ratio (LVR) of 80%. With our Essential Services Package, you can borrow up to 90% LVR and we'll waive the LMI fee.
Discounted interest rateEven if you're borrowing over 80% LVR, you'll be given a discounted interest rate for your home or investment loan. The maximum borrowed amount is 90% LVR.
Cashback if you refinance to usIf you refinance your home or investment loan to People's Choice, and your LVR is less than 80%, you'll still be able to get our cashback offer with our Essential Services Package. T&Cs apply, visit our dedicated page for full details.
Who is eligible for the Essential Services Package?
- A registered nurse
- A fully qualified paramedic
- A sworn in state or federal police officer