Empower Range

Empower Range Solutions

Already a customer? Contact Client Services on 1800 754 758 or email us on VowClientServices@mortgageinfo.com.au

The Vow Home Loans Empower Range offer you a full suite of solutions tailored to meet your needs. Browse three of our most popular product options below:

Empower Range Basic Home Loan

A simple home loan with no account management fee and a competitive interest rate. An ideal choice for the first home buyer, someone looking to upgrade or anyone seeking a better deal on their home loan.

  • No ongoing monthly or annual fees.
  • The choice of a fixed or variable interest rate, principle and interest or interest only home loan
  • Additional repayments permitted at any time on variable home loans (and up to $10,000 per year on fixed rate home loans)
  • Redraw facility allows you to pay extra money into your home loan and redraw again if you need
  • Family guarantee feature allows an immediate family member to use the equity in their property to support your loan application
  • The option to build a home or renovate your existing home

Enjoy the convenient option of your home loan payments being direct debited from any nominated account so you don't have to alter your current everyday banking.

Empower Range Offset Home Loan

A home loan incorporating 100% offset account options, full transactional access and multiple account options. Enjoy the benefits of reducing the interest charged on your home loan by using the 100% offset account for your everyday banking.

  • Up to 2 offset accounts can be linked to each variable rate account
  • The choice of a fixed or variable interest rate, principle and interest or interest only home loan
  • Additional repayments permitted at any time on variable home loans (and up to $10,000 per year on fixed rate home loans)
  • Redraw facility allows you to pay extra money into your home loan and redraw again if you need
  • The option to build a home or renovate your existing home
  • Online and mobile banking
  • Mastercard debit card with free access to all domestic ATM's including the RediATM* network.

Empower Range Line of Credit Home Loan

A home loan providing a source of funds that can be used for other purposes, great for the investor. Global loan limit - a true line of credit.

  • Interest capitalisation
  • Online and mobile banking
  • Multiple accounts - up to 10 sub-accounts permitted after settlement
  • Option to fix a portion of the loan (one account must remain variable)
  • Mastercard debit card with free access to all domestic ATM's including the RediATM* network.

* When a non-RediATM operator in Australia charges a fee for a withdrawal or balance enquiry made with the debit Mastercard, that fee will be rebated. For more information see the rate card.

Empower Range Quick Product Comparison

Compare the key features to find the most suitable option for your budget and lifestyle.

KEY FEATURES Basic Home Loan Offset Home Loan Line of Credit Home Loan
Option to fix 2
Additional repayments on fixed 3 3 3
Additional payments on variable 4
Offset account - -
Redraw available
Construction -
Family guarantee -
Online and mobile banking
Variations
Mastercard debit card access -
Direct debits, salary credit, Bpay, online funds transfer (pay anyone).
1 Only applicable to Basic Home loan products with limited guarantees. Approval is subject to Vow Home Loan's normal credit criteria. This feature is limited to variable P&I repayments. Loan and LVR limitations apply. The maximum LVR is 85%. 2 One account must remain variable min $20,000. 3 Up to 5% each year. 4 After 5 years.