westpac banking Corporation is regarded as one of the big four players in the Home Loan market, especially since merging with Challenge Bank a few years ago.

Westpac have a very large number of Home Loan options, all of which provide excellent benefits to their ever-expanding customer base.

Some of the Home Loan products that Westpac provide are:
1 year Guaranteed: This is a popular Home Loan with Westpac customers. It allows you to lock in your interest rate for the 1st year of your Home Loan, therefore enabling you to budget your mortgage repayments for the whole year without being affected by an interest rate rises. At the completion of the first year your interest rate reverts back to Westpacs standard variable rate.
Equity Access Home Loan: Westpacs Equity access account is an all-in-one Line of Credit Home Loan. This allows you to bank your income into your Home Loan and draw upon it when required. Great for customers who have great budgeting skills and earn a relatively high income.
Fixed Options: westpac has fixed rate Home Loans for periods of 1,2,3,4,5,7 and 10 years. These guarantee the interest rate for that period and can protect you and your repayments against interest rate rises. Once your Home Loan fixed rate term finishes, Westpac will give you the option of another fixed rate term or the variable interest rate at the time.
Rocket Repay: This is Westpacs Offset account. It allows you to have your income sitting in an offset account, offsetting your loan. This will save you money (interest), which is calculated daily.
First Option: This Home Loan is best if you are just starting in your first home. It allows you to have a full range of flexibility and options, but Westpac only charges you for them when you use them.
Premium Option Home Loan: Westpac have designed this loan to cater for those people who want a flexible loan, one that is able to change when your circumstances change. It has a full range of features, which give you the freedom to do what you want, when you want to do it!
Westpac LoDoc Home Loan: This is a loan structure that is specifically designed for those Self Employed borrowers, who may not be able to provide full financials to support their income. They must have a registered ABN and sign a declaration stating that they can afford the Home Loan and its repayments.
Rocket Investment Loan: Westpac cater for the Investor market with exceptionally competitive Home Loan interest rates. They can be fixed or variable depending on your preference for loan flexibility.

Westpac has had great growth in 2006 with its consumer lending, especially with Australias booming credit card market and personal loan lending. Westpac will remain as one of the largest Home Loan lenders in the Australian mortgage market for many more years to come due to its competitive interest rates and flexible loan structures.