• Whether a first-time buyer or self-employed, a RAMS home loan has flexible options to make the loan work better for you.

  • Fast-track your purchase

    You could get into your home sooner and save on mortgage insurance 

    • Ideal for: First home buyers

      The support of family can be priceless when trying to grow that deposit to buy your first home. One option available is for a parent or sibling to provide a limited guarantee.

      How does this work?

      A guarantor simply provides RAMS with a guarantee (or security) for an amount equivalent to a certain percentage of the purchase price, supported by a mortgage over their existing property.

      The primary security for the mortgage will still be the property you intend to buy. To use a guarantor, you (the applicant) must be able to service the entire mortgage on your income.

      What this means for the borrower 

      • Where the LVR exceeds 85% evidence of 5% genuine savings is required.
      • Potential to save on lender's mortgage insurance costs. 

      What this means for the guarantor 

      • Only liable for the agreed amount under the guarantee (i.e. not the full loan amount) plus reasonable enforcement expenses
      • Not liable for scheduled monthly repayments
      • Can be released from the guarantee on application once LVR on the secured property falls below 80%. In exercising its discretion, RAMS takes into consideration the LVR and RAMS lending criteria applicable at the time. Fees apply. 

      What home loans are eligible?

      RAMS Fast-track using a guarantor is available on home loans for owner occupiers plus investors, as well as for construction purposes where a fixed price contract and plans are supplied.

      Note: Fast-track is not available for Line of Credit and Self-employed loans.

    • Full feature home loan

      An all-in-one home loan with a transaction account, redraw option and ability to deposit salary stra...

      Fixed rate home loan

      RAMS Fixed Rate Home Loan gives you option to fix your mortgage rate for the timeframe that best sui...

      Low rate

      Our Low Rate home loan offers a no fuss, no frills, and easy-to-manage mortgage with 100% offset and...

  • Fees, conditions, limitations and lending criteria apply. Maximum LVR subject to loan serviceability.  1 The mortgage provided by the guarantor must either be a registered first mortgage, or a registered second mortgage behind an Australian Financial Institution provided the first mortgage does not secure a reverse mortage.  Other conditions apply.

    The borrower must also provide a mortgage over the property they are purchasing.