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HOMESTART FINANCE CORRECTION NOTICE INTEREST RATE ADVICE TO CUSTOMERS

22/6/2022

The notice published on Friday 17 June 2022 contained incorrect information stating no rate changes for our Seniors Equity Loan customers. Please see the correct information below.

Effective from 24 June 2022, HomeStart’s Standard Variable Interest Rate will increase by 0.50% p.a. to 5.14% p.a.

Interest rates applicable to the Seniors Equity Loan (settled between 1 July 2008 to 22 May 2016) will increase from 5.14% to 5.64% and Seniors Equity Loans settled prior to 1 July 2008 will increase from 4.64% to 5.14%. Interest rates applicable to the Seniors Equity Loans (settled from 23 May 2016 onwards) will remain unchanged at 4.99% p.a. at this time.

We apologies for any inconvenience, if you have any questions, please contact HomeStart Finance on 8203 ...

Adelaide