This is a good old-fashioned home loan with the great features you need, without the cost of those you don’t. It’s simple and easy to understand with no fancy frills – but still with some of the best modern features you expect, like 24/7 online access and an optional 100% offset facility.*
Our Retro home loans are a more common sense and flexible approach to lending as we can cater for self-employed customers, and customers who may not fit traditional lending criteria. Retro includes products with different features such as a redraw facility and a 100% offset facility* that you can use to reduce interest on your loan.
*Please note this information is general. The terms and conditions of particular loans differ. Information is correct as at 1 September 2023 and is subject to change. AFG Home Loans lending criteria, terms, conditions, fees, and charges apply. Full details of terms & conditions available on application.
Eligible customers can switch to a Retro Switch home loan to allow for quick refinancing at a more favourable rate. Switch is a home loan with a 1% serviceability buffer rather than the usual 3% industry standard, meaning your broker may be able to switch your mortgage with a more favourable rate. Speak to your broker to see if you’re eligible for Retro Switch.
Using the optional offset facility* can help reduce your repayments with funds in a separate loan sub-account helping to offset the interest on your loan. And it comes at no extra cost.
Please talk to your broker about whether this feature is appropriate for you.
In the scheme of things, we’re a small player. With this comes agility and the ability to stay ahead. But we’re also backed by some of the biggest players in the market – so you know you’re in safe hands.
AFG Home Loans has been around for over a quarter of a century, and is funded by some well-known Australian companies, including Bendigo and Adelaide Bank, and Pepper Money.
We offer our loans exclusively through experienced AFG brokers via our broker network, making sure you receive a loan that meets your individual needs.
*Limitations on withdrawals may apply in certain circumstances. An offset facility is only available with any variable interest Retro Home Loan. The offset facility is not available for Retro SMSF loans. The offset facility is a sub-account linked to your nominated loan account. The offset facility forms part of your loan account. The offset facility balance may not exceed the loan account balance. AFG Home Loans can debit the offset facility with any amounts lent to you or due under your mortgage. Please note that having an offset facility does not automatically give you a right to redraw from that offset facility. If you have a redraw facility on your home loan and have made payments into your offset facility above your minimum repayment, you may withdraw those extra payments if:
Please talk to your broker about whether this feature is appropriate for you.
AFG Home Loans Pty Ltd is part of the ASX listed Australian Finance Group Ltd (AFG), one of Australia’s leading mortgage broking firms for almost a quarter of a century.
The information provided is a short summary and is not everything you need to know to select a product and features that are appropriate for your needs and requirements. All information is subject to change without notice. Terms and conditions and lending criteria may apply. Fees and charges may be varied or introduced in the future.
AFG Home Loans Pty Ltd | ACN 153 255 559 | Australian Credit Licence 411913
