Move out with an award-winning MOVE Bank home loan

Rhianna Dews

Thursday 28 March 2019

So you’re about to move out and buy your first place? Like most first-home buyers, you’ve probably got more than enough on your plate without the added stress of trying to find the right home loan to seal the deal.

Move out with an award-winning MOVE Bank home loan

Which is why we’ve already done all the groundwork for you! Make buying your first home straightforward and move out with an award-winning MOVE Bank home loan.

MOVE Bank has just won multiple awards in the 2019 Mozo Experts Choice Awards for Home Loans for their Straightforward Home Loan in the Low Cost Home Loan, First Home Buyer Loan and Split Home Loan categories. Not to mention MOVE Bank is a 100% customer-owned mutual bank, so you know they’re not focused on making a quick buck for their shareholders like the big banks!

“When you first move out, you really want to start off on the right foot. Between saving for a deposit and managing monthly expenses, it can be quite difficult for first home buyers to enter the property market, but starting off with a great value home loan is a good first step,” said Mozo Data Manager and expert judge Peter Marshall.

MOVE Bank Straightforward Home Loan:

The award-winning MOVE Bank Straightforward Home Loan offers highly competitive variable rates, starting at 3.59% p.a. (3.62% p.a. comparison rate*) on loans between $150,000 and $3,000,000. This is a great option for first-home buyers as all you’ll need is a 5% deposit! Oh, and it comes with stacks of great features, like:

  • Fee-free extra repayments and redraw facility
  • Flexible fortnightly or monthly payment options
  • Optional split account
  • No ongoing service fees

So, if you’re looking for a top-notch home loan to help you crack into the market, this MOVE Bank loan has the Mozo tick of approval!

And by now, you’re probably starting to realise that moving out isn’t all just packing boxes and picking paint colours. There are also a lot of important financial details you’ll need to consider before the big day, even once you have your home loan locked down. Things like:

  • Home insurance: You’ll definitely want to compare your options to ensure you find a great home insurance deal that offers all the right features for you, ideally at a fantastic price.
  • Movers bills: Don’t forget to plan for the moving day! If you’re on a stricter budget, you might decide to cut moving costs by borrowing your dad’s van and moving boxes yourself as an alternative to hiring expensive removalists.

Check out our 2019 Mozo Experts Choice Awards for Home Loans full winner list, or head over to our home loan hub for more tips on buying your first home.

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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