Your selected home loans
Whether you’re a first home buyer, property investor or refinancer, Bank of Melbourne has a range of home loans to fulfil your property dreams. Operating under the Westpac Group, Bank of Melbourne is part of Australia’s largest regional banking network with St George and BankSA. Don’t let the name fool you, this bank is not just for those living in Melbourne, it’s available for anyone living in Australia, all you need is a computer or phone to get your home loan application rolling.
On this page you can compare all of the Bank of Melbourne home loans including variable, fixed and line of credit to find the best one to snatch up your dream home. You'll also be please to know Bank of Melbourne took out a Mozo Experts Choice Home Loan Awards in the First Home Buyer Loan category.
Your selected home loans
As Bank of Melbourne customer. The Bank did not give support with my interest in applying for Home Loan due to my income situation.
I have no issues with this bank and the main positive is that you can have up to 99 offset accounts linked to your home loan
Bank Of Melbourne have been extremely supportive and understanding and have helped me greatly over twenty years Bank Of Melbourne were there for me when I had nothing Bank Of Melbourne listened to me and took a chance on me and backed me and helped me achieve my goals The Bank Of Melbourne staff are friendly and actually interested and give exact advice The branches are easily accessible in the City Of Melbourne The Bank Of Melbourne Staff were superb in being there for me and being understanding when my business was shut down totally for Covid 19 in Melbourne CBD in the worlds longest lockdown
As a real estate agent I’ve dealt with all of the majors banks and subsidiaries, BOM have the nicest staff, the best app and they make you feel like they have your back and are actually there to help.
The refinancing process was so easy and seamless . The personalised service received was ofna very high standard.
Product is ok. Their people are excellent and polite their fees , like all banks are unnecessary and too high and too harsh. they already make interest on my money. Paying endless fees, is unfair.
From the beginning we built our trust and they were also able to fulfill our needs. But with the increasing rates of interest, budget is getting all over the place. Seems like this is getting hard to stick with this bank.
Very helpful if you are having difficulty keeping up with payments
Great bank.great security. Incoming money transferr take too long.
When mortgage rates went up we contacted the bank to explore details. The person who guided us through was amazing. She was able to answer lots of questions, see our mortgage and make suggestions to save money, help us consolidate some debts, and negotiated a good interest rate. We can redraw without penalty, and i feel confident that if i needed to refinance again, that StGeorge/Bank Of Melbourne would see me through each step. High praise from a customer experience expert like me!
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.
^See information about the Mozo Experts Choice Home Loan Awards
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