Today Hume Bank have launched a new home loan, the Hume Bank HomeBuilder, a 3 year fixed low rate product, specifically designed for the regional market targeting new home construction and renovations.
Hume Bank Chief Executive Officer Stephen Capello said the latest initiative from Hume Bank is to support the recovery effort and to stimulate economic activity in local our region.
“Hume Bank is committing $50 million in lending at our lowest ever 3 year fixed rate of 1.99% for construction and major home renovations in our home markets within a 150km radius of Albury Wodonga. With more than 10% of local employment in the construction and real estate industries, our goal is to support local people who are building local houses, using local trades and suppliers to the greater economic benefit of the region” said Mr Capello.
“Hume Bank’s $50 million regional commitment is proudly supported by our local building industry to ensure this is a true collaborative community effort in helping our local economy recover. These partnerships are based on awareness to ensure the community know the support that is available to them from Hume Bank and builders as a collective” said Mr Capello.
Customers can use any local builder of their choice and can find out more by visiting our HomeBuilder webpage here.
Hume Bank's $50 million regional commitment is proudly supported by our local building industry.