Housing Finance

This lending product enables farmers or people engaged in the rural sector (e.g. sharefarming, contracting) to purchase, construct or renovate a place of residence for the use of the family or the family
business.

This product is available for:

1. A borrower to purchase a house:
    a. In a residential area
    b. On a title zoned as rural residential (or equivalent)
    c. Houses on titles zoned rural less than or equal to 10ha.

2. A borrower to construct a new dwelling on their farm.

3. A borrower to undertake major renovations to their place of residence > $10,000.
Interest rate options available for this product are 1 to 10 year Fixed or Flexi Rate.
The loan can be scheduled to repay over a term of up to 25 years.

Scenarios
Scenarios where this product can be considered subject to meeting other criteria for the product.

• To purchase a share in a residential property e.g. Student house in Melbourne.
• Assist an employee/sharefarmer of an enterprise with mortgage support from the land owner.
• Son/Daughter/Partners not in Partnership.
• Brother/Sister of clients not associated with enterprise.
• Parents not involved in the enterprise.

No ongoing fees

There are no ongoin fees on the Vehicle, Plant & Equipment Facility.

Contact us

For further information on the range of financial products available from Rural Finance or to discuss your finance proposal please click here to locate your nearest Rural Finance office.