Bank of us home loan rates benefit all Tasmanians.

In response to the big banks lowering their home loan rates in an attempt to attract first home buyers...

As Tasmanian’s only customer owned bank, Bank of us doesn’t answer to shareholders and profits are reinvested to benefit customers and the wider community said CEO Paul Ranson.

“That means we can offer better products, services and more competitive rates.”

“We understand that it can be hard for buyers to get a foot in the market, so we tailored our FlexiDiscount home loan product to give Tasmanian’s the chance to climb the property ladder and to offer an alternative to the big banks.”

“For the last five months, our FlexiDiscount home loan has been available at a variable rate from as low as 3.79% p.a., with no upfront or ongoing fees.

“And this is currently available to all Tasmanians, not just first home buyers.

“And those who like a bit more security and peace of mind, our FlexiDiscount home loan also has a 2 year fixed rate from a low 3.79% p.a.”

“We’re committed to providing Tasmanians the best possible banking experience and that includes making sure we offer the best possible products and service.”