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  • Bendigo Bank home loan reviews

    How are Bendigo Bank home loans rated by the Mozo community?

    82%

    Overall Mozo Community rating: 8.2 out of 10

    Bendigo Bank home loans

    Overall rating: 8.2 (91 reviews)

    Last reviewed: 25 January 2012


    1. Overall customer rating
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    Reviews: 247

    Thumbs up: 223 | Thumbs down: 23

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    Featured home loan from Bendigo Bank

    • Variable Rate Investment
    • variable rate

      7.30%from 30 Dec
    • comparison rate

      7.44%from 30 Dec

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    • Fixed Rate
    • fixed 1 year rate

      6.19%
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      6.88%
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    • Fixed Rate Loan ($100k to $250k) (Professional Package)
    • fixed 1 year rate

      6.09%
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      6.91%
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    Recent Bendigo Bank home loan reviews

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        1. Overall customer rating
        2. (Reviewed 7 days ago)

      When selling our house they closed our account without our knowledge, leaving us without access to our own funds and without anywhere for the proceeds from the sale of our house to be deposited.       Full review 

      When selling our house they closed our account without our knowledge, leaving us without access to our own funds and without anywhere for the proceeds from the sale of our house to be deposited.


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      Bendigo Bank home loan reviewed by John from South Australia

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        2. (Reviewed 7 days ago)

      The staff are very friendly and helpful. Nothing was too much trouble. They informed us on the pros and cons of each product.       Full review 

      The staff are very friendly and helpful. Nothing was too much trouble. They informed us on the pros and cons of each product.


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      Bendigo Bank home loan reviewed by Gillian from New South Wales

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        2. (Reviewed 8 days ago)

      Bendigo Bank employs staff that appear dedicated to their position and subsequent customer satisfaction. Our dealings with their loans department have been very good and many of our discussions are direct to the manager, either by phone, personal ...       Full review 

      Bendigo Bank employs staff that appear dedicated to their position and subsequent customer satisfaction. Our dealings with their loans department have been very good and many of our discussions are direct to the manager, either by phone, personal approach or email, the latter is always answered promptly. Although competitive rates do matter, it is of greater importance to be treated as an individual instead of a number. Good on you Bendigo Bank, you really are the Community Bank.


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      Bendigo Bank home loan reviewed by Cynthia from Tasmania

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        2. (Reviewed 17 days ago)

      We have lived in a small town for 41 years and have always banked with the bigger banks. Since Bendigo moved to our town, they will now have our business for good. They are a community bank and are always giving out grants to various community org...       Full review 

      We have lived in a small town for 41 years and have always banked with the bigger banks. Since Bendigo moved to our town, they will now have our business for good. They are a community bank and are always giving out grants to various community organisations, which is so important in a small town. My eldest daughter just started high school and at her gr 7 graduation, a rep from Bendigo bank gave out $25 account vouchers to all the students. Great incentive for kids to learn about banking, and made all the parents nod their heads in approval, keep up the good work Bendigo : )


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      Bendigo Bank home loan reviewed by Amanda from Queensland

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        1. Overall customer rating
        2. (Reviewed 22 days ago)

      Be aware that all application have to be sent back to head office in Victoria, so things take a long time. If you're limited on time, you can find yourself with no other option than to take their loan because they hang onto your paperwork and send...       Full review 

      Be aware that all application have to be sent back to head office in Victoria, so things take a long time. If you're limited on time, you can find yourself with no other option than to take their loan because they hang onto your paperwork and send it away. The manager at the local bank doesn't have much authority, so it's really frustrating trying to get a better deal. It's much easier dealing with a bank where they have a lending manager who can give you approval the same day. Bendigo Bank take at least 3 weeks.


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      Bendigo Bank home loan reviewed by Kathryn from Western Australia

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        1. Overall customer rating
        2. (Reviewed 22 days ago)

      I applied for a home loan form this bank in Dromana,Victoria. Because of my situation of being separated, and on a pension I was not confident of obtaining a home loan. The branch manager sat down with me and went through the range of loans that...       Full review 

      I applied for a home loan form this bank in Dromana,Victoria. Because of my situation of being separated, and on a pension I was not confident of obtaining a home loan. The branch manager sat down with me and went through the range of loans that I could apply for that would suit my circumstances. I was going through a lot of grief at the time and after hour or so of talking she said that a loan could be granted to me on a fixed term of interest over 30 years, even though my age was sixty five. I can't speak for others, but there were no hitches and everything was explained to me in simple terms, before I signed the paperwork. There were no cons and I walked out of the bank feeling like a real person again.


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      Bendigo Bank home loan reviewed by David from Victoria

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        1. Overall customer rating
        2. (Reviewed 22 days ago)

      We changed to Bendigo bank because the Commonwealth had messed up finance we had arranged to buy a new house and we nearly missed out on the house. Bendigo stepped in and arranged a short term loan in order for us to proceed, and due to the comple...       Full review 

      We changed to Bendigo bank because the Commonwealth had messed up finance we had arranged to buy a new house and we nearly missed out on the house. Bendigo stepped in and arranged a short term loan in order for us to proceed, and due to the complete lack of customer service at the Commonwealth we then changed all our accounts to the Bendigo. We get personal service the Manager comes out to greet us by name they have been fantastic.


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      Bendigo Bank home loan reviewed by Ann from New South Wales

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        2. (Reviewed 22 days ago)

      Their customer service is so much better than other banks. You can always talk to someone who knows you and your banking needs either in person or on the phone. They listen and provide options. Their outreach to the community is inspirational.       Full review 

      Their customer service is so much better than other banks. You can always talk to someone who knows you and your banking needs either in person or on the phone. They listen and provide options. Their outreach to the community is inspirational.


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      Bendigo Bank home loan reviewed by Margaret from Victoria

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        2. (Reviewed 22 days ago)

      Throughout the process of borrowing against our land to construct a new home, my bank manager has kept me fully informed of my options and completed and submitted all the necessary paperwork within the required timeframe. She has organised valuati...       Full review 

      Throughout the process of borrowing against our land to construct a new home, my bank manager has kept me fully informed of my options and completed and submitted all the necessary paperwork within the required timeframe. She has organised valuations and progress payments to the builder successfully. She advised us to open a mortgage offset account to reduce the amount of interest paid each month The advantage of this loan is that we did not have to mortgage our current residential property The only con so far is that at the first valuation, stage one of the construction was complete but they had to value the land only due to paperwork requirements. They also had to value the land + stage 1 at the same time. I felt that commonsense did not prevail at my expense as there is a fee for each evaluation. My bank manager tried all avenues available to waive this requirement


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      Bendigo Bank home loan reviewed by Joanne from Queensland

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        2. (Reviewed 22 days ago)

      My local Bendigo Bank is home to some of the most friendly and helpful people that I have ever come across in my 30 years of banking       Full review 

      My local Bendigo Bank is home to some of the most friendly and helpful people that I have ever come across in my 30 years of banking


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      Bendigo Bank home loan reviewed by Sara from Victoria

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        2. (Reviewed 22 days ago)

      I have been with this bank after trying all the other big banks and have been looked after like one of the family. I have recommended several people, and the people I have done so have taken out home loans with Bendigo bank. If you want personal s...       Full review 

      I have been with this bank after trying all the other big banks and have been looked after like one of the family. I have recommended several people, and the people I have done so have taken out home loans with Bendigo bank. If you want personal service without fan fair try the Bendigo.


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      Bendigo Bank home loan reviewed by Phil from Victoria

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        2. (Reviewed 22 days ago)

      This is a bank with more community spirit than most other banks. Even though they are tending towards some of the big bank practices, they still have a sense of community       Full review 

      This is a bank with more community spirit than most other banks. Even though they are tending towards some of the big bank practices, they still have a sense of community


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      Bendigo Bank home loan reviewed by Peter from New South Wales

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        2. (Reviewed about 1 month ago)

      Very pro BB ++ ! They've helped me in every way since day 1. Greater loan rates than big 4 & friendly personal attention       Full review 

      Very pro BB ++ ! They've helped me in every way since day 1. Greater loan rates than big 4 & friendly personal attention


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      Bendigo Bank home loan reviewed by Janene from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 month ago)

      Interest rate rises are virtually immediate, reductions take 1 or 2 months to take effect. I had some temporary financial problems and they abandoned me, taking me to court to acquire my house, costing me thousands in costs. I am now back on trac...       Full review 

      Interest rate rises are virtually immediate, reductions take 1 or 2 months to take effect. I had some temporary financial problems and they abandoned me, taking me to court to acquire my house, costing me thousands in costs. I am now back on track but financially less well off thanks to them (around $8000.00 in court and solicitors costs) One senior member of the branch that I deal with has an abrasive, rude, offensive manner about her and the branch manager is a dinosaur from the 50's with no people skills and is incapable of explaining bank products to any satisfaction.


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      Bendigo Bank home loan reviewed by Ken from Victoria

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        1. Overall customer rating
        2. (Reviewed about 1 month ago)

      As an existing customer they offered a discount on the home loan interest rate, but by no means was it as competitive as it could have been. I wouldn't recommend it to others because the rate I got was only due to my existing custom, but for serv...       Full review 

      As an existing customer they offered a discount on the home loan interest rate, but by no means was it as competitive as it could have been. I wouldn't recommend it to others because the rate I got was only due to my existing custom, but for service and friendliness of the staff, a big thumbs up!


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      Bendigo Bank home loan reviewed by Sue from South Australia

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        2. (Reviewed about 1 month ago)

      After years of being with another bank and becoming frustrated with the deteriorating customer service we decided to take all of our loans and accounts to our local community bank. Bendigo Bank has been a great supporter of our local schools and s...       Full review 

      After years of being with another bank and becoming frustrated with the deteriorating customer service we decided to take all of our loans and accounts to our local community bank. Bendigo Bank has been a great supporter of our local schools and sporting clubs so we decided to discuss with them the transfer of all our banking business to them. It has been the best thing we have ever done. Their friendly and helpful staff are always at the counter willing to help and when you call them they call you back. It's great to actually talk to a face. My husband really loves them because they invite him to their yearly golf day. It doesn't get better than that!


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      Bendigo Bank home loan reviewed by Jacqui from Victoria

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        1. Overall customer rating
        2. (Reviewed 3 months ago)

      When I wanted to get finance someone in the local country area of Gin Gin where I live, recommended them to me. I was expecting an inheritance for the deposit for the house I was to purchase but the funds from the estate were weeks later in coming...       Full review 

      When I wanted to get finance someone in the local country area of Gin Gin where I live, recommended them to me. I was expecting an inheritance for the deposit for the house I was to purchase but the funds from the estate were weeks later in coming. In the interim the Bendigo bank pre-approved my loan, allowing me not to loose the contract on the "good deal" I was getting which saved me the contract due to the settlement date being overtime. I think people should really look for great customer service, Flexibility of the loan one requires. The probable down side of all loans is the interest rate and I possibly could have got a better interest rate but due to the flexibility of the loan I am a very happy customer.


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      Bendigo Bank home loan reviewed by Deanna from Queensland

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        2. (Reviewed 3 months ago)

      My bank manager will personally e-mail if there is a problem. My husband has had cancer this year and we have really struggled. She has wavered late fee and made contact to make sure we are doing ok. Love not being a number :)       Full review 

      My bank manager will personally e-mail if there is a problem. My husband has had cancer this year and we have really struggled. She has wavered late fee and made contact to make sure we are doing ok. Love not being a number :)


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      Bendigo Bank home loan reviewed by Laurel from Queensland

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        2. (Reviewed 3 months ago)

      I enjoy great interest rates and loan flexibility and the bank manager knows me by name,I like the friendly service they give. P.S. I have not broken up with MY bank.       Full review 

      I enjoy great interest rates and loan flexibility and the bank manager knows me by name,I like the friendly service they give. P.S. I have not broken up with MY bank.


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      Bendigo Bank home loan reviewed by Kez from Queensland

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        2. (Reviewed 3 months ago)

      Extremely happy with this product. It was thoroughly explained to me before I applied for it and paperwork I received during and after the process was very easy to understand. Excellent customer service. You are left with the feeling that any que...       Full review 

      Extremely happy with this product. It was thoroughly explained to me before I applied for it and paperwork I received during and after the process was very easy to understand. Excellent customer service. You are left with the feeling that any query is a pleasure to deal with.


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      Bendigo Bank home loan reviewed by Rayma from Tasmania

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        2. (Reviewed 3 months ago)

      I like Bendigo for their down to earth approach and explaining their loan system to me. Because of this, I trust them and their advice. They also give money back to the community.       Full review 

      I like Bendigo for their down to earth approach and explaining their loan system to me. Because of this, I trust them and their advice. They also give money back to the community.


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      Bendigo Bank home loan reviewed by Paul from Australian Capital Territory

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        2. (Reviewed 4 months ago)

      The branch we bank at is nearby in the town of Wentworth and the staff are friendly and supportive....all other banks in our town closed and we were without a bank. The closest bank being 12 km away ...we are pleased with our community bank       Full review 

      The branch we bank at is nearby in the town of Wentworth and the staff are friendly and supportive....all other banks in our town closed and we were without a bank. The closest bank being 12 km away ...we are pleased with our community bank


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      Bendigo Bank home loan reviewed by Denise from New South Wales

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        2. (Reviewed 4 months ago)

      Amazing customer service, everything was easy and fast!       Full review 

      Amazing customer service, everything was easy and fast!


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      Bendigo Bank home loan reviewed by Jaimi from Tasmania

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        2. (Reviewed 4 months ago)

      I love the fact that it is a community bank...for, with and by the community...and the people are always friendly and professional.       Full review 

      I love the fact that it is a community bank...for, with and by the community...and the people are always friendly and professional.


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      Bendigo Bank home loan reviewed by Elizabeth from Northern Territory

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        2. (Reviewed 4 months ago)

      We recently built a new house and had to refinance our loan including our line of credit. Our discussions with the Manager - yes our Community Bank has one you can talk to as well as other friendly staff - were very positive resulting in our struc...       Full review 

      We recently built a new house and had to refinance our loan including our line of credit. Our discussions with the Manager - yes our Community Bank has one you can talk to as well as other friendly staff - were very positive resulting in our structuring our loan and line of credit to our best advantage at a time when our employment arrangements were changing. I might add that our banking is linked to the bank's sponsorship of a local aged services program which recently received a new bus. So our bank not only helped us but also the frail aged in our community. Win/win!


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      Bendigo Bank home loan reviewed by Robert from Victoria

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        2. (Reviewed 4 months ago)

      When I wanted to place additional money into a loan and change repayment schedule, it was no trouble. Paper work and transaction was completed while I was in Manager's office and paper work faxed in front of me in the bank's premises. Even though ...       Full review 

      When I wanted to place additional money into a loan and change repayment schedule, it was no trouble. Paper work and transaction was completed while I was in Manager's office and paper work faxed in front of me in the bank's premises. Even though this meant the bank was not going to receive the interest from my loan this was all carried out in a friendly and supportive manner.


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      Bendigo Bank home loan reviewed by Janet from Victoria

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        2. (Reviewed 5 months ago)

      Always available, always friendly and always seem to go the extra mile when I have needed them. Best customer service I have ever experienced in a bank, no matter the branch, the call centre or the product.       Full review 

      Always available, always friendly and always seem to go the extra mile when I have needed them. Best customer service I have ever experienced in a bank, no matter the branch, the call centre or the product.


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      Bendigo Bank home loan reviewed by Dianne from Victoria

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        2. (Reviewed 5 months ago)

      I like Bendigo Bank's service, their interest rates and their flexibility       Full review 

      I like Bendigo Bank's service, their interest rates and their flexibility


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      Bendigo Bank home loan reviewed by Robyn from Victoria

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        2. (Reviewed 5 months ago)

      Works for us, easy online payment transfers, great customer service from the managers, they do their best to get you what you need       Full review 

      Works for us, easy online payment transfers, great customer service from the managers, they do their best to get you what you need


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      Bendigo Bank home loan reviewed by Kellie from Victoria

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        2. (Reviewed 5 months ago)

      They are flexible enough that I don't need to pay a month if I can't, I can just pay the interest or I can pay it off faster with no penalty       Full review 

      They are flexible enough that I don't need to pay a month if I can't, I can just pay the interest or I can pay it off faster with no penalty


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      Bendigo Bank home loan reviewed by Adrian from Queensland

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