A simple and fast home loan with a flexible approach to credit history and security locations. It offers up to three years interest only for investment properties.

Starting from
Comparison rate

Key features of a First Choice Plus Home Loan

  • Up to 80% LVR
  • PAYG & self-employed (near prime full doc)
  • Debt consolidation (including tax debts)
  • Cash out available (max $500,000)
  • Application fee – $950*
  • Monthly account fee – $0
  • Discharge fee – $395
  • Valuation fee – at cost
  • Risk fee – 0.60%
  • Internet transaction functionality
  • Up to 3 years interest only available on investment properties
  • Redraw available

See how much you can borrow


Product summary – First Choice Plus home loan

  • Loan PurposeOwner-occupied purchase, investment purchase, refinance
  • Loan TermUp to 30 years
  • Loan Amount$100,000 – $2,000,000
  • Maximum LVR80%
  • Interest rate typeVariable interest rate
  • Payment TypePrincipal and interest or interest only (max I/O period 3 years)
  • Payment FrequencyMonthly, fortnightly or weekly
  • SecurityRegistered first mortgage over residential property (exclusions apply)
  • Security LocationsCapital cities, metro
  • Extra PaymentsPermitted (with no penalty)
  • Redraw AvailableAvailable (minimum redraw $50,000)

Talk to us about how a First Choice Plus home 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.