La Trobe Financial home loans

La Trobe Financial has home loan rates starting from 6.79%.

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La Trobe Financial is not a bank, but a registered credit provider that offers a range of home loans for Australian borrowers. Check out the full table of La Trobe Financial products below or read more about the lender.

Compare La Trobe Financial home loans for November 2024

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Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
La Trobe logo
Principal & Interest5% min. depositOwner-occupier
La Trobe logo
Principal & Interest5% min. depositOwner-occupier
Product NameLa Trobe Performance Plus Loan
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.6.79%
Comp. Rate p.a.7.05%
Minimum Loan Amount$100,000
Maximum Loan Amount $1,000,000
Maximum Loan Term30 years
Maximum LVR 95%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.79%
Comparison Rate
7.05%
Fees
Application: $995
Ongoing: $0 p.a.
Monthly Payment
$978
Contact BrokerView details
La Trobe logo
Principal & Interest20% min. deposit
La Trobe logo
Principal & Interest20% min. deposit
Product NameLa Trobe Residential Variable
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.8.49%
Comp. Rate p.a.8.82%
Minimum Loan Amount$100,000
Maximum Loan Amount $1,250,000
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
8.49%
Comparison Rate
8.82%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$1,154
Contact BrokerView details
La Trobe logo
Principal & Interest20% min. depositInvestment
La Trobe logo
Principal & Interest20% min. depositInvestment
Product NameLa Trobe SMSF
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.7.49%
Comp. Rate p.a.
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
7.49%
Comparison Rate
Fees
Application: $995
Ongoing: $0 p.a.
Monthly Payment
$1,049
Contact BrokerView details
La Trobe logo
Principal & InterestInterest only50% min. deposit
La Trobe logo
Principal & InterestInterest only50% min. deposit
Product NameLa Trobe Aged Care
Interest Rate Typevariable rate
Repayment Type Principal & Interest Interest Only
Interest Rate p.a.6.99%
Comp. Rate p.a.8.07%
Minimum Loan Amount$100,000
Maximum Loan Amount $750,000
Maximum Loan Term7 years
Maximum LVR 50%
Loan Redraw FacilityNo
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
6.99%
Comparison Rate
8.07%
Fees
Application: $2,500
Ongoing: $0 p.a.
Monthly Payment
$998
Contact BrokerView details
La Trobe logo
Principal & Interest30% min. deposit
La Trobe logo
Principal & Interest30% min. deposit
Product NameLa Trobe Construction
Interest Rate Typevariable rate
Repayment Type Principal & Interest
Interest Rate p.a.8.39%
Comp. Rate p.a.8.72%
Minimum Loan Amount$100,000
Maximum Loan Amount $1,000,000
Maximum Loan Term30 years
Maximum LVR 70%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan FacilityNo
Fixed Interest OptionNo
Loan PortableNo
Extra Repayments Yes
Finder score
Interest Rate
8.39%
Comparison Rate
8.72%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$1,143
Contact BrokerView details
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La Trobe Financial key facts

  • La Trobe Financial is a registered credit provider that has physical locations in Melbourne, Sydney and Traralgon.
  • La Trobe Financial offers home loan products for owner-occupiers and investors, and specialised home loans for various purposes.
  • This lender also offers wealth management services.

La Trobe Financial home loan features

Here are the key features and details you need to know about La Trobe Financial's mortgage products.

FeatureDetails
Minimum depositIt is possible to get a home loan from La Trobe Financial with a deposit as low as 5%.
Offset account?La Trobe Financial does not have any home loans that come with offset accounts.
Repayment optionsSeveral La Trobe Financial home loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans.

How do I apply for a mortgage from La Trobe Financial?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with La Trobe Financial you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.

📄 Proof of income documents. Recent payslips can establish your income.

📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

How to apply for a home loan

More lenders to compare

Check out Finder's main home loans guide if you want to compare more home loans from a range of lenders. Or you could try one of the following lenders:

  • ING. This online bank is part of the global, Dutch financial group of the same name.
  • Commonwealth Bank. The nation's largest bank has a large selection of home loans and a convenient banking app.
  • UBank. This online bank is actually owned by NAB.
  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • Bank of Queensland. Outside of the Big Four this is one of Australia's larger banks. BOQ owns Virgin Money.
  • HSBC. The local Australian banking arm of this international bank offers various home loans.

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

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Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 554 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
  • Money-saving tips
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6 Responses

    Default Gravatar
    MichaelApril 17, 2023

    I want to pay extra money of my housing loan will I be charged extra to do so

      AvatarFinder
      RichardApril 18, 2023Finder

      This depends on whether the loan lets you make extra repayments. This is very common on variable rate home loans but is sometimes restricted on fixed rate loans. I suggest checking with a lender directly about your specific loan.

    Default Gravatar
    SpirosSeptember 6, 2015

    La Trobe low doc loans have a huge application fee. How can this be reduced ?

    Also how much is the penalty if the loan is repaid within 12 months, 24 months or 36 months or 48 months ?

    I have a house worth $500k and no debt. I have cash coming into my business of $200k in 9 months time. My accountant can verify this. My tax returns don’t show the $200k as it is a property development profit based on exchanging contracts on all the blocks of land.

    Who can give me a low doc loan with a normal application fee of say $500 ?

      AvatarFinder
      MarcSeptember 7, 2015Finder

      Hi Spiros,

      Thanks for the question.

      I would recommend contacting LaTrobe directly to ask about their penalty fees for paying your home loan off at different stages. You can compare other lenders who offer low doc loans and also see how this type of loan works.

      I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that’s more inclined to review your application.

      I hope this helps,
      Marc.

    Default Gravatar
    GerakdAugust 22, 2015

    Hi there

    Just got a quick question does pepper do loans for $300,000 10% deposit, and I have a default but its all paid off about 9 months ago,

    Both me and my girlfriend putting away about 1k a week right now, an incomes annual 45k and 40k.

    We are first time house buyers will that effect anything and if Pepper can’t help us do you know who could. Thank you.

      Default Gravatar
      BelindaAugust 24, 2015

      Hi Gerakd,

      Thanks for your inquiry.

      You can compare a range of Pepper home loans and under ‘LVR’ (loan-to-value ratio), you will see that the amount you can borrow varies depending on the product and whether it is low documentation or a full documentation loan.

      Generally, you should try to complete a 20% deposit so you can avoid paying Lender’s Mortgage Insurance (LMI), however, if this is not possible then Pepper Loans do allow you to borrow 90% LVR (with a 10% deposit) for specified home loans.

      If you would like to speak with a Pepper Home Loans specialist, you can enter your details and a representative will get in touch with you to discuss your options.

      As a first home buyer, you can read our first homeowner grant (FHOG) guide and learn about the grants and concessions available in your state. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      Thanks,
      Belinda

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