Balanced Home Line Balanced Home Line (Owner Occupied)

  • 4.98%
    p.a Standard Variable
  • 5.08%
    p.a Comparison**
  • $900
    Upfront fees
  • $180
    Annual fees
  • 95%
    Max LVR
  • $2,057
    Per Month*

About Pioneer Mortgage Services

Pioneer was established almost 30 years ago, and an Australian owned financial provider, they offer residential and investment mortgage products in the non-bank market. Over this time, Pioneer Mortgage Services have assisted thousands of customers throughout Australia and New Zealand achieve their dreams of owning a home. As a non-banking financial institution, Pioneer have a wide range of competitively priced products, delivering customers detailed and personal service. They distinguish themselves from banks through a distinct level of attention offered to every customer with a large range of home loan products to suit all types of borrowers.

Standard Variable

Repayments calculated to take into account ongoing monthly and anual fees.

Monthly repayment*
rate per annum

Loan to Value Ratio

Borrow up to the maxium of 95% of the value of the property.

Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.

However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.

Capitalise LMI


For Line of Credit, Equity, Owner Occupied, and Vacant Land in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.

0 - 25 years


The level of financial documentaion and credit history required to apply for the loan.

Full Doc
Credit History
Genuine Saving

Redraw Facility

Get quick access to cash by drawing on the loan to pay for renovations or other purchases.

Redraw Facility
Min Redraw
Redraw fee

Banking Features

Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.

Some features you may wish to consider include:

  • an offset account;
  • ability to make extra repayments;
  • a redraw facility; and
  • linked credit card and savings accounts;
  • ability to split your loan between fixed and variable interest rates
Offset Account
Redraw Available
Credit Card
Internet Banking
Telephone Banking
BPay Option
Portability of Loan
Professional Pack
Check Account
Direct Salary Credit
Free Transactions
Minimum Redraw
Redraw Fee


You can make your repayments Monthly.

Interest Only Option
Max Interest Only
10 years

Upfront Fees

Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.


Ongoing Fees

Monthly and annual fees and charges during the loan period.

Ongoing Yearly

Exit Fees

Fees associated with prematurely ending the loan.

Early Repayment
Switch To Fixed


The Balanced Homeline is a Line of Credit facility that may suit a wide range of clients as it offers the flexibility of principal and interest or interest only repayments. Funds can be accessed via an optional VISA card and/or Cashcard. Features: -Max LVR 95% including LMI -Maximum 10 years Interest Only -Cashcard and/or VISA credit card access available -VISA credit card can be secured (terms and conditions apply) -Telephone and Internet Banking available -Repayment not required if sufficient funds available in redraw (conditions apply) -Bridging finance available up to 85% LVR (includes construction) Loan Term: - Max 25 years -10 years interest only, converting to P&I for the remainder of the term. Repayment Options: Direct Debit, Salary Credit, Cheque deposit, Cashcard, Phone & Internet banking Debit Card: -Yes - Cashcard -Secured/unsecured VISA credit card may also be available (terms and conditions apply) (refer to product guide for more information) -Secured VISA credit card only available if sold in conjunction with a Balanced Homeline product -Card can be used at all ATMs (fees may apply if a non Bendigo, Adelaide Bank or Suncorp Bank ATM is used) -$20 rebate for transaction fees provided for every statement period. Excess transactions fees are $2 each -BPay, Bendigo & Adelaide Bank & Suncorp ATMs, Express Line, Online Banking transactions are fee free

LVR Notes

Max LVR 95% including LMI for owner occ (when LVR exceeds 90% loan must be P&I, Owner Occupied security, purchase only and minimum serviceability ratio is 1.2:1) 90% for Investment purposes. Bridging finance available up to 85% LVR (includes construction) Max Loan amount is Unlimited (may be restricted by LVR or LMI). Please refer to your BDM. LMI required above 80% LVR (subject to acceptable location).


5% Genuine Savings required

Fee Notes

Manual Redraw Fee $50 Clawback: - 0-6 months discharged after settlement: 100% of upfront paid - 7-12 months discharged after settlement: 50% of upfront paid - 13 months + discharged after settlement: No Clawback Quoted Valuation fee is an estimate and valuation fee is charged at cost. Solicitor fee: From $350 plus outlays. Loan Processing Fee: From $150.00. Variation Fee: $200. valuation fee at cost Manual Redraw Fee: $50. line of credit service fee $150 per annum.

*Monthly Repayments

Monthly repayments are calculated to take into account the loan amount, repayment term and ongoing fees and charges over the life of the loan.

  • Variable rate loans show the monthly repayments at the current rate.
  • Fixed rate loans show the monthly repayment during the fixed period only.
  • Monthly repayment calculations are an approximate guide only. Speak to a LoanMarket Mortgage broker to understand the exact cost of a loan given your particular circumstances.

**Comparison Rates

A comparison rate is a tool to help consumers identify the true cost of a loan. It factors in the interest rate, loan amount, repayment term and ongoing fees and charges and displays this as a single percentage rate that can be used to compare various loans from different lenders.

Monthly Repayment and Comparison Rate* calculations do not include:

  • The use of account features such as early repayments and offset accounts which vary widely among loans and can reduce the cost of a loan significantly.
  • Cost savings such as fee waivers or special rate discounts.
  • Fees and charges associated with loan options or events that may or may not be used by the borrower, such as early repayment or redraw fees
  • Lenders Mortgage Insurance (LMI) which may be required to secure the loan and can increase the cost of the loan.
  • Government charges such as stamp duty or mortgage registration fees.
  • Fees and charges which aren’t available at the time the comparison rate is provided