A versatile business loan designed to fit out-of-the-box borrowers. Includes medium and long-term options for both residential and commercial securities.

Starting from
Comparison rate

Key features of a First Business Home Loan

  • Up to 70% LVR
  • PAYG and self-employed (self-declared income)
  • Commercial and residential securities
  • Unlimited debt consolidation (including tax debts)
  • Unlimited cash out 
  • Application fee – 1.1%
  • Establishment fee – higher of $1,950 or 0.2%
  • Discharge fee – $395
  • Valuation fee – at cost
  • Monthly fee – 0.1%
  • Risk fee – $1.1
  • SMSF available
  • Up to 3 years interest only available 

See how much you can borrow


Product summary – First Business home loan

  • Loan PurposeBusiness lending, investment purchase, refinance
  • Loan TermUp to 30 years
  • Loan Amount$250,000 – $5,000,000
  • Maximum LVR70%
  • Interest Rate TypeVariable interest rate
  • Payment TypePrincipal and interest or interest only (max I/O period 3 years)
  • Payment FrequencyMonthly, fortnightly or weekly
  • SecurityFirst mortgage over a house, townhouse or unit or commercial or land for no doc
  • Security LocationsAll locations considered on a case by case basis
  • Extra PaymentsPermitted (with no penalty)

Talk to us about how a First Business loan can help you

All First Choice, First Choice Plus, First Freedom and First Business rates are correct as at 10 March 2024 and are subject to change at any time.

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. All comparison rates are calculated based on a secured loan of $250,000 over a 25 year term.