RAMS Line of Credit

The details shown below are for an owner occupier taking out a no set repayments loan of at least $15,000 with an LVR below 80%

The details shown below are for an investor taking out a no set repayments loan of at least $15,000 with an LVR below 80%

Choose the version of loan that suits you best

  • Owner Occupier (No set repayments)

    LVR < 80%

    Loan: $15,000

  • Investor (No set repayments)

    LVR < 80%

    Loan: $15,000

6.53% p.a.

n/a

$20.00 monthly

RAMS Line of Credit

6.53% p.a.

n/a

$20.00 monthly

6.53% p.a.

n/a

$20.00 monthly

RAMS Line of Credit

6.53% p.a.

n/a

$20.00 monthly

Details

Rates and fees information correct as at 26 September 2018.

Rates
  • 6.53% p.a.

  • n/a

  • 0 Months

  • none

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $595.00

  • $0.00

  • $0.00

  • $285.00

  • none

  • $20.00 monthly

  • $295.00

Other financial bits
  • $15,000

  • none

  • none

  • 80.00%

Features
  • Owner Occupier

  • No set repayments

  • No set repayments

  • yes - free

  • n/a

  • yes - free

  • $0.00

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 26 September 2018.

Rates
  • 6.53% p.a.

  • n/a

  • 0 Months

  • none

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $595.00

  • $0.00

  • $0.00

  • $285.00

  • none

  • $20.00 monthly

  • $295.00

Other financial bits
  • $15,000

  • none

  • none

  • 80.00%

Features
  • Investor

  • No set repayments

  • No set repayments

  • yes - free

  • n/a

  • yes - free

  • $0.00

  • yes

  • no

  • none

  • none

Customer Reviews

How are RAMS home loans rated by the Mozo community?

Overall customer rating
5.7/10

Based on 215 RAMS home loan reviews

Price
6.1/10
Features
5.5/10
Customer service
5.8/10
Convenience
5.4/10
Trust
5.5/10

Latest reviews of RAMS Line of Credit

  • Overall
    10/10
    Great service

    good bank to deal with

    good bank to deal with

    Price
    9/10
    Features
    -
    Customer service
    -
    Convenience
    -
    Trust
    -

    John | Queensland

    reviewed over 1 year ago

  • Overall
    8/10
    Excellent customer service and very flexible.

    I used RAMS for my home loan, they were friendly flexible and gave a very personal service. The...

    I used RAMS for my home loan, they were friendly flexible and gave a very personal service. The only complaint I have had were a few administrative errors at their head office where I have received calls for missed payments in error.

    Price
    7/10
    Features
    8/10
    Customer service
    9/10
    Convenience
    3/10
    Trust
    7/10

    Stuart | Victoria

    reviewed over 2 years ago

  • Overall
    8/10
    Does exactly what it says on the tin

    This product serves my needs and as I understand how the different types of mortgages work, I can...

    This product serves my needs and as I understand how the different types of mortgages work, I can weigh this against the alternatives to ensure I am getting a good deal. Website and online facilities could be improved.

    Price
    7/10
    Features
    7/10
    Customer service
    -1/10
    Convenience
    9/10
    Trust
    9/10

    Steven | New South Wales

    reviewed over 5 years ago

  • Overall
    0/10
    Never trust them - no matter how good they sound

    I nearly lost my home as they used the fine print to take it away from me. I wouldn't trust or...

    I nearly lost my home as they used the fine print to take it away from me. I wouldn't trust or recommend them. Please look at your contracts and truly understand what it says.

    Price
    4/10
    Features
    -1/10
    Customer service
    1/10
    Convenience
    5/10
    Trust
    0/10

    Marie | New South Wales

    reviewed over 6 years ago

RAMS

About RAMS

RAMS home loans believe in the Australian dream of owning your own home and aim to make this dream come true. With their flexible options and innovative products, RAM home loans is making the dream a reality. RAMS home loans aim to provide home loan solutions to meet many different needs, including low deposit loans, no deposit loans, low doc loans, line of credit loans and low rate loans for members Australia wide.

See RAMS home loans

loans.com.au

loans.com.au

Essentials Variable

3.64% p.a. variable

3.66% p.a.

$520

NAB

NAB

Base Variable Rate Home Loan

3.69% p.a. variable

3.73% p.a.

$600

UBank

UBank

UHomeLoan - Offer

3.59% p.a. variable

3.59% p.a.

$0

Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.67% p.a. variable

3.69% p.a.

$150

HSBC

HSBC

Home Value Loan

3.64% p.a. variable

3.66% p.a.

$150

Tic:Toc

Tic:Toc

Fixed Home Loan

n/a

n/a

$0

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

3.72% p.a. variable

4.12% p.a.

$0

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.68% p.a. variable

3.82% p.a.

$150

loans.com.au

loans.com.au

Essentials Variable

3.64% p.a.

3.66% p.a.

$520

NAB

NAB

Base Variable Rate Home Loan

3.69% p.a.

3.73% p.a.

$600

UBank

UBank

UHomeLoan - Offer

3.59% p.a.

3.59% p.a.

$0

Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.67% p.a.

3.69% p.a.

$150

Bank Australia

Bank Australia

Basic Home Loan

3.65% p.a.

3.66% p.a.

$0

State Custodians

State Custodians

Low Rate Home Loan with Offset

3.68% p.a.

3.69% p.a.

$0

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.64% p.a.

3.78% p.a.

$150

HSBC

HSBC

Home Value Loan

3.64% p.a.

3.66% p.a.

$150

Tic:Toc

Tic:Toc

Fixed Home Loan

n/a

n/a

$0

loans.com.au

loans.com.au

Smart Loan Fixed (Package)

3.99% p.a.
fixed 3 years

4.31% p.a.

$520

Virgin Money

Virgin Money

Reward Me Fixed Rate Home Loan

3.87% p.a.
fixed 3 years

4.02% p.a.

$150

Queensland Country Credit Union

Queensland Country Credit Union

Ultimate Fixed Home Loan (Package)

n/a

n/a

$0

bcu

bcu

Fixed Rate Home Loan

3.90% p.a.
fixed 3 years

4.78% p.a.

$600

Newcastle Permanent

Newcastle Permanent

Fixed Rate Home Loan

3.94% p.a.
fixed 3 years

4.81% p.a.

$0

NAB

NAB

Tailored Home Loan (Fixed)

4.04% p.a.
fixed 3 years

5.05% p.a.

$600

ME

ME

Flexible Home Loan (Fixed)

4.14% p.a.
fixed 3 years

4.81% p.a.

$400

loans.com.au

loans.com.au

Essentials Variable

3.64% p.a.

3.66% p.a.

$0.00

NAB

NAB

Base Variable Rate Home Loan

3.69% p.a.

3.73% p.a.

$0.00

UBank

UBank

UHomeLoan - Offer

3.59% p.a.

3.59% p.a.

$0.00

Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.67% p.a.

3.69% p.a.

$0.00

HSBC

HSBC

Home Value Loan

3.64% p.a.

3.66% p.a.

$0.00

Newcastle Permanent

Newcastle Permanent

Variable Home Loan (Premium Plus Package)

3.72% p.a.

4.12% p.a.

$395.00 yearly

Virgin Money

Virgin Money

Reward Me Variable Rate Home Loan

3.68% p.a.

3.82% p.a.

$10.00 monthly

Bank Australia

Bank Australia

Basic Home Loan

3.65% p.a.

3.66% p.a.

$0.00

*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.