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ING Owner Occupied Home Loans from 1.99% Variable (CPR 2.02%) up to 80% LVR


Plus $3,000 ING cashback per application (>$500k, <80%LVR), no limits on applications eg. $6,000 for 2 properties, $9,000 for 3 properties etc.
As of 10 November 2021, ING has announced that they are reducing their variable rates as low as 1.99% pa (2.02% comp), on the mortgage simplifier up to 80% loan-to-value ratio (LVR). Effective for new loan applications from 11 November 2021.
They also currently have a 3 day SLA. However, fixed rates have increased, which has been the current trend with many lenders recently.
All fixed loans can be split with a variable 100% offset if you add Orange Advantage package annual fee $299, including offset account, redraw, credit card.
ING one off legal fee $299

ING Offerings:

ING variable rates "Basic" Mortgage Simplifier - no annual fee, no offset, free redraw.

  • 1.99% (CPR 2.02%) up to 80% LVR
  • 2.29% (CPR 2.32%) up to 90% LVR
  • 2.29.% (CPR 2.32%) up to 80% LVR - Investment P&I

ING variable rates "Package" Orange Advantage 100% offset $299 annual fee

  • 2.04% (CPR 2.40%) up to 80% LVR
  • 2.34% (CPR 2.69%) up to 90% LVR
  • 2.34% (CPR 2.69%) up to 80% LVR - Investment P&I
  • 2.74% (CPR 3.08%) up to 80% LVR - Investment IO

ING Fixed rates under Orange Advantage Package. (+0.1% under "Basic" Mortgage Simplifier no annual fee)

  • 2.29% (CPR 3.80%) owner fixed 2yrs up to 80% LVR
  • 2.69% (CPR 3.76%) owner fixed 3yrs up to 80% LVR
  • 2.89% (CPR 3.72%) owner fixed 4yrs up to 80% LVR

Up to $1,000 Loan Base Broker Cashback Offer

  • Additional Broker Cashback is available on any refinance or purchase loan applications submitted through Loan Base until 30 November 2021.

Whilst these offers are very compelling, they will not suit everyone and not everyone will qualify for them - please therefore contact us to confirm the best deals you could qualify for from our panel of over 50 lenders before applying


You can apply through directly through the lender, or through an accredited broker, of which we have several across our team of specialists.

Our team is here to help, and will work to ensure we obtain the best pricing and offers possible for you. You can lodge an enquiry via our award winning tech platform here - https://loanbase.com.au/compare-home-loans-fva, or contact one of our brokers directly with their details below.

Leo Gonzales, Email: [email protected], Calendar link: https://calendly.com/loanbase-leo/initial
Eric Cheng, Email: [email protected], Calendar link: https://calendly.com/loanbase-eric/quickchat
Andrew Loucas, Email: [email protected], Calendar link: https://calendly.com/loanbase-andrew/quickchat

Loan Base Pty Ltd (ABN 95 162 141 915) ยท Australian Credit Licence Number 508 308
Head Office: Level 1, 1-5 Link Road, Zetland, NSW, 2017. Phone: 1300 512 377.

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Referral Links

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Referrer and referee will each receive $100 for opening new Orange Everyday & Saving Maximiser Accounts ($1k deposit + 5 card transactions/month required). Do not participate in the referral system if you do not have a $100 referral code.

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closed Comments

  • +1

    Currently with ING orange advantage - <80% LVR, Owner occupier - getting 2.8% variable - can I refinance under this offer? Any other offers worth considering?

    • Worth a call. Tell them you want the offer or you will look elsewhere

    • I'm the same except 2.98%. Might have to look at refinancing.

    • Any luck getting the deal as a current customer?

  • +1

    Minimum home loan amount?

    • Hi @Sapiens,
      ING's minimum loan amount is typical $150,000. However, to be eligible for the cashback it would need to be at least $500,000.

  • +11

    Avoid ING. Was previously with ING who jacked our interest rate up shortly after the loan settled, while advertising a lower interest rate for "new customers". Very frustrating.

    Decided to switch to Athena who offered 1.99% variable rate and provide a guarantee that they will always offer existing customers the same rate as new customers. Has been awesome so far, no issues whatsoever.

    • +2

      Agreed regarding ING. They treat existing customers like garbage. UBank is similar to Athena, one rate for all their customers.

      • +1

        Not true about UBank. They recently lowered variable rate for new customers only. Existing ones had to "haggle" for their rates to be matched.

        • I was not aware of that. We moved away from UBank just recently.

        • Yeah UBank do the same as ING. Save yourself the long run $$$ and go with Athena from the outset.

    • +1

      I am with Athena since September 2019… they are really good…

      • Yeah I think they're great too. Got so sick of being on the mortgage merry-go-round with refi every few years. Much better to just have a lender who gives their best rate to all customers. Creates a lot more value for the customer in the long run.

  • +1

    Yes, and as soon as they rope you in they will gradually jack your rate up citing higher costs of borrowing money from overseas.
    It's well known that its standard practice with ING.

    • could one use this just for the cashback and refi out?

      • Sure if you want all the paperwork and extra enquiries on you credit file

  • Probably not a the best time to jump on a variable rate right now…

    • var going down , fixed going up …. what gives

  • What fees bring the comparison rate to 2.02%? Any annual fees?

    edit: looks like it is just the ING one off legal fee $299.

  • Ing increased their fixed interest rates today!

    • Yes, that is the trick, interest rates will be increased within next couple of months… so they want to get lot of people under variable rate before they increase the rate. This 1.99% is not going to last for long… If you can get a below 2% fixed rate for 2 or 3 years… I think that is the best option at this stage.

  • 'They also currently have a 3 day SLA', what is SLA?

    • Hi @qiminghenfan,
      SLA refers to service level agreement. In other words, the approximate turnaround time for the lender to process your application once it has been submitted. This can be important for some people as some lenders are taking up to 18 days before they look at an application. With Christmas just around the corner, it can be anticipated that processing times will slow down.

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