RAMS is a home loan lender that caters to a wide selection of mortgage borrowers in Australia, including:

• First home buyers
• Upgraders
• Investors
• Refinancers (including those looking for Lines of Credit)
• Self-employed (low-doc home loans)

RAMS home loans also come with a range of interest rate and payment options:

• Variable rate
• Fixed rate
• Principal-and-interest home loans
• Interest-only home loans

If customers choose to package their RAMS home loans, they have the potential to save on fees and have their interest rates discounted. Depending on the RAMS home loan, customers have access to offset accounts and redraw facilities. Some RAMS home loans give customers the opportunity to make extra repayments.

RAMS home loan rates tend to be in the middle of the market for both investors and owner-occupiers. RAMS interest rates tend to fall between moderately low and moderately high.

RAMS home loan rates vary from product to product, but they tend to be moderately low, moderate, or moderately high. While RAMS home loan rates are not the cheapest on the market, they’re not the most expensive either.

As a general rule, owner-occupiers are given lower interest rates than investors, and customers who pay principal-and-interest pay lower rates than those paying interest-only. Borrowers with lower LVRs get lower interest rates than those with high LVRs.

RAMS home loan interest rates also differ between variable interest rates and fixed interest rates. Interest rates can be fixed for one, two, three, four, five, or ten years. Generally, the longer you want to fix, the higher the interest rate will be.

Interest rates also vary between lines of credit and standard home loans. RAMS lines of credit typically have higher interest rates than their home loans.

While the RAMS home loan offering may be thinner than those of the big four banks, RAMS loans cater to a variety of borrowers in Australia. You can find RAMS home loans suited to owner-occupiers, investors, and refinancers.

RAMS offers competitive rates on ‘vanilla’ home loans, but also offers more specialised home loans, like lines of credit and low-doc loans for the self-employed.

RAMS home loans can be principal-and-interest or interest-only, and borrowers can also choose between variable and fixed interest rates.

While RAMS home loan rates tend to sit somewhere between moderately low and moderately high, its fees tend to be at the higher end of the spectrum. Those fees include application fees and annual service fees. Fees may also apply for ATM withdrawals, cash withdrawals, and cheque use.