The E-LOAN Bank Beater Home Loan is a variable rate home loan product with a low variable interest rate that is tracked against the the Major 4 Banks. The rate will have a guarantee that it will beat the average blended Standard Variable Rate of the Major 4 Banks (in Australia) by a minimum of .75% for the first 2 years. (The loan will revert to a very competitive Lite Home Loan Variable Interest rate after 2 years - currently 8.43%)

The E-LOAN Bank Beater Home Loan features include Refund of application fee after three years That is something E-LOAN insists on !

You get a competitive interest rate without being locked into a rate for a set term. The interest rate on this loan moves up and down with interest rate changes of the Big Four Banks.

Typical Features of  the E-Loan Bank Beater include: