RAMS Home Loan

Firmly centred on home loans and with a limited ancillary offering, RAMS has been targeting Australian homeowners since 1995.

With a sweet ram mascot and a sleek online presence, their offer is clear and sassy and the company is firmly embedded in the Australian psyche.

All things home loan

While its beginnings were modest, forming in 1991 and launching into the retail end in 1995, its first two land-based centres proved hugely popular.

This then inspired a novel approach of franchised ‘stores’ across the continent. Nowadays, the RAMS reach has grown dramatically in just over two decades and almost all citizens recognise the company as it manifests at over 70 stores nationwide.

A specialised lender

With its competitors mostly offering a broad spectrum array of banking products, RAMS’ limited and niche offering not only means its focus is singular but also that this can mean a better deal for prospective clients.

A truly homegrown company

With a reputation growing primarily on the back of word-of-mouth and an upbeat approach to lending, RAMS is a definite choice for Australians. You can also get a loan by completing their online loan application or by contacting them online or via telephone.

The basic offering of a home loan to an owner-occupied client will entail choosing from a range of options. As one might expect from a company geared towards home loans only, the range of options is extensive at RAMS.

Catering for all comers

Whether building, renovating, simply buying, buying to sell on or looking to stall repayments for a period, pay the annual interest up front in a single payment or even simply save towards a deposit on a home, everyone is accommodated at RAMS.

With a highly diverse and pleasingly nuanced array of offers surrounding a basic home loan, Australians would do well to look at this company when shopping around for the facility.

Fixed-rate home loans

A typical fixed-rate mortgage offers a rate of 4.14% and allows lump sum deposits of up to $30,000 without penalty (rate break costs). This can also be withdrawn if needed later.

Variable rate home loan

On a variable rate loan, currently running at 4.45% per annum, one can also make extra payments and, for investors, make interest-only payments for up to 10 years.

The same applies for up to 5 years on owner-occupied loans. No monthly fees accrue on this loan either, whether an investor or a live-in owner. Very welcome for some and most unusual in the lending category, special mention is made of self-employed individuals and they have a tailored walk-through online in order to allay any concerns and to detail terms and conditions.