If you want repayment certainty, HSBC’s fixed home loan is available from $50,000 and offers an extensive range of fixed terms starting from a period of 1 year up to 5 years. There is no monthly service fee and you can borrow up to 90% of your property’s value. You’ll also have plenty of freedom in terms of repayment options with an extra repayment facility (up to $10,000 p.a.), interest in advance payment options for investors and the choice to split your loan between a fixed and variable rate. When you choose a fixed home loan, you may also be eligible for HSBC’s Premier option however you’ll be charged a monthly service fee.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
7.14% p.a. |
7.46% p.a. |
$0.00 |
$750 |
||
|
7.44% p.a. |
7.55% p.a. |
$0.00 |
$750 |
||
|
6.79% p.a. |
7.36% p.a. |
$0.00 |
$750 |
||
|
7.09% p.a. |
7.65% p.a. |
$0.00 |
$750 |
||
|
7.14% p.a. |
7.60% p.a. |
$0.00 |
$750 |
||
|
7.44% p.a. |
7.90% p.a. |
$0.00 |
$750 |
||
|
6.94% p.a. |
7.54% p.a. |
$0.00 |
$750 |
||
|
7.24% p.a. |
7.84% p.a. |
$0.00 |
$750 |
Whether you’re looking for a basic home loan or one with all the bells and whistles, the variable rate options from HSBC have got you covered. HSBC’s variable home loans are available from $50,000 and allow you to borrow up to 90% of your property’s value. There is an extra repayment facility if you want to reduce the term of your loan and you can redraw funds whenever you need (though fees may apply). If you choose a full featured variable home loan such as HSBC’s Home Smart Loan, you’ll get even more flexible features including an offset account, interest only payment options (up to three years) and unlimited free withdrawals via ATM, EFTPOS, BPAY, phone and internet banking.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.59% p.a. |
6.23% p.a. |
$0.00 |
$0 |
||
|
6.59% p.a. |
6.23% p.a. |
$0.00 |
$0 |
||
|
6.09% p.a. |
6.09% p.a. |
$0.00 |
$0 |
||
|
6.09% p.a. |
6.09% p.a. |
$0.00 |
$0 |
||
|
6.39% p.a. |
6.39% p.a. |
$0.00 |
$0 |
||
|
5.99% p.a. |
5.99% p.a. |
$0.00 |
$0 |
||
|
6.04% p.a. |
6.04% p.a. |
$0.00 |
$0 |
||
|
8.76% p.a. |
8.77% p.a. |
$0.00 |
$150 |
||
|
6.59% p.a. |
6.42% p.a. |
$0.00 |
$0 |
||
|
6.59% p.a. |
6.42% p.a. |
$0.00 |
$0 |
||
|
6.89% p.a. |
6.72% p.a. |
$0.00 |
$0 |
||
|
6.29% p.a. |
6.29% p.a. |
$0.00 |
$0 |
||
|
6.29% p.a. |
6.29% p.a. |
$0.00 |
$0 |
||
|
6.19% p.a. |
6.19% p.a. |
$0.00 |
$0 |
||
|
6.24% p.a. |
6.24% p.a. |
$0.00 |
$0 |
||
|
6.59% p.a. |
6.59% p.a. |
$0.00 |
$0 |
||
|
9.38% p.a. |
9.39% p.a. |
$0.00 |
$150 |
If you’re looking to borrow $500,000 or more, check out the HSBC fixed rate Premier Home Loan Package. There are some fees to consider, including a monthly service fee, settlement fee, valuation and application fees. But in return, you get discounted rates on owner occupied or investment fixed rate home loans ranging from three to five years. To help you pay off your loan when it suits you, HSBC offers the option to make extra repayments up to $10,000 p.a. and you can choose to make monthly, fortnightly or weekly payments. You’ll also have the option to split your home loan between fixed and variable rates.
| Product | Fixed 3 year rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.64% p.a. |
6.59% p.a. |
$390.00 yearly |
$0 |
||
|
6.74% p.a. |
6.69% p.a. |
$390.00 yearly |
$0 |
||
|
7.04% p.a. |
6.99% p.a. |
$390.00 yearly |
$0 |
||
|
6.29% p.a. |
6.51% p.a. |
$390.00 yearly |
$0 |
||
|
6.39% p.a. |
6.61% p.a. |
$390.00 yearly |
$0 |
||
|
6.69% p.a. |
6.91% p.a. |
$390.00 yearly |
$0 |
||
|
6.64% p.a. |
6.74% p.a. |
$390.00 yearly |
$0 |
||
|
6.74% p.a. |
6.84% p.a. |
$390.00 yearly |
$0 |
||
|
7.04% p.a. |
7.14% p.a. |
$390.00 yearly |
$0 |
||
|
6.44% p.a. |
6.68% p.a. |
$390.00 yearly |
$0 |
||
|
6.54% p.a. |
6.78% p.a. |
$390.00 yearly |
$0 |
||
|
6.84% p.a. |
7.08% p.a. |
$390.00 yearly |
$0 |
There are two home loan package options with variable interest rates from HSBC: the Premier Home Loan Package and the Premier Smart Home Loan Package. With either package you’ll get the ability to make unlimited extra repayments, use an offset account and access a free redraw facility (a minimum redraw of $500 applies on the Premier Home Loan). You’ll pay no upfront fees, but there is an ongoing monthly fee to consider. The Smart Home Loan package must be paid monthly, but the Premier Package allows you to choose between weekly, fortnightly and monthly payment options.
| Product | Rate | Comparison Rate | Service fee | Upfront fee | Monthly repayments |
|---|---|---|---|---|---|
|
6.49% p.a. |
6.85% p.a. |
$390.00 yearly |
$0 |
||
|
6.19% p.a. |
6.56% p.a. |
$390.00 yearly |
$0 |
||
|
6.69% p.a. |
6.68% p.a. |
$390.00 yearly |
$0 |
||
|
6.69% p.a. |
6.68% p.a. |
$390.00 yearly |
$0 |
||
|
6.49% p.a. |
6.85% p.a. |
$390.00 yearly |
$0 |
||
|
6.19% p.a. |
6.56% p.a. |
$390.00 yearly |
$0 |
||
|
6.19% p.a. |
6.56% p.a. |
$390.00 yearly |
$0 |
||
|
6.09% p.a. |
6.46% p.a. |
$390.00 yearly |
$0 |
||
|
6.14% p.a. |
6.51% p.a. |
$390.00 yearly |
$0 |
||
|
6.39% p.a. |
6.74% p.a. |
$390.00 yearly |
$0 |
||
|
6.69% p.a. |
7.04% p.a. |
$390.00 yearly |
$0 |
||
|
6.99% p.a. |
7.16% p.a. |
$390.00 yearly |
$0 |
||
|
6.69% p.a. |
6.86% p.a. |
$390.00 yearly |
$0 |
||
|
6.34% p.a. |
6.71% p.a. |
$390.00 yearly |
$0 |
||
|
6.39% p.a. |
6.76% p.a. |
$390.00 yearly |
$0 |
||
|
6.39% p.a. |
6.76% p.a. |
$390.00 yearly |
$0 |
||
|
6.69% p.a. |
7.05% p.a. |
$390.00 yearly |
$0 |
||
|
6.29% p.a. |
6.66% p.a. |
$390.00 yearly |
$0 |
From the active investor to the home renovator, HSBC’s Home Equity Loan is a line of credit which is available on loans starting from $20,000 up to $1,000,0000. HSBC’s line of credit loan allows you to borrow up to 90% of your property’s value, and like other line of credit loans, there is no set loan term and minimum repayments are interest only. You’ll also have easy access to funds when you need them with unlimited free withdrawals in Australia.
| Product | Rate | Comparison Rate | Service fee | Upfront fee |
|---|---|---|---|---|
|
8.84% p.a. |
n/a |
$0.00 |
$750 |
|
|
9.78% p.a. |
n/a |
$0.00 |
$750 |
Saving money on your home loan is easy when you don’t have to pay any monthly account maintenance fees on HSBC’s fixed, variable or line of credit home loans (not applicable for Premier customers).
HSBC’s full featured variable loans have a handy offset account to help reduce your interest payments over the term of your loan.
HSBC’s fixed, variable and line of credit home loans have a premier option for eligible customers. These options have exclusive benefits including discounted interest rates and home loan fees (i.e. application, variation) but there is a monthly service fee to consider.
Getting a home loan can be a little tricky, so when you sign up for HSBC’s Home Value Loan you’ll be given your own personal relationship manager to guide you through the entire process, whether you’re buying, moving or refinancing.
Mozo users have rated HSBC home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
138 Reviews
Refinanced with HSBC with a refinance offer. Was generally an ok refinance process with a few issues along the way but nothing major. The website itself and app are horrendous. Much worse than other banks I've used and no support for basic things like PayID. Customer Service has also been fairly hit and miss. Lots of promises and talk of doing things for me but have to constantly chase them up or just have issues unresolved. Not very happy with them.
Read full reviewRefinanced with HSBC with a refinance offer. Was generally an ok refinance process with a few issues along the way but nothing major. The website itself and app are horrendous. Much worse than other banks I've used and no support for basic things like PayID. Customer Service has also been fairly hit and miss. Lots of promises and talk of doing things for me but have to constantly chase them up or just have issues unresolved. Not very happy with them.
HSBC have been easy to deal with and helpful in every way possible. Their customer service is friendly and professional. Their products are flexible and they are always interested in how to improve their service. They outrate all the other banks we have ever been with by a country mile!
Read full reviewHSBC have been easy to deal with and helpful in every way possible. Their customer service is friendly and professional. Their products are flexible and they are always interested in how to improve their service. They outrate all the other banks we have ever been with by a country mile!
Hey there, fellow banking enthusiasts! Let's dive into my HSBC Bank review, sharing why you might like or dislike this financial titan. Here are the pros and cons you should know: Pros: 1. **Jet-Setter's Paradise:** If you're a globetrotter or dream of international ventures, HSBC's global presence ensures you'll never feel stranded far from home. 2. **Product Wonderland:** HSBC's got you covered with a wide range of financial goodies – from snazzy savings accounts to investment options that'll make your wallet dance. 3. **Tech Savvy at Your Fingertips:** Say goodbye to queue nightmares! HSBC's online and mobile banking platforms make handling finances a cakewalk. 4. **VIP Treatment:** Bigwig clients, take note! HSBC's wealth management services cater to your swanky financial demands. Cons: 1. **Branch Locator Quest:** If you crave face-to-face interactions, HSBC's physical branches might not be as numerous as your neighborhood bank's. 2. **Hit-or-Miss Service:** While many folks enjoy seamless service, a few grumble about customer service hiccups now and then. 3. **Fee Frenzy Alert:** Keep your magnifying glass handy! Some services come with higher fees, so peek into the fine print to dodge those pesky surprises. 4. **Budget-Conscious Blues:** Pinching pennies? HSBC's products might demand a tad higher minimum balance than your frugal heart desires. In a nutshell, HSBC's global appeal and product variety make it an attractive choice, but the limited branches and customer service quirks might sway your opinion. Take a moment to mull over your specific needs and match them with this review to find your perfect banking match. Happy banking, folks! May your financial journey be one for the books!
Read full reviewHey there, fellow banking enthusiasts! Let's dive into my HSBC Bank review, sharing why you might like or dislike this financial titan. Here are the pros and cons you should know: Pros: 1. **Jet-Setter's Paradise:** If you're a globetrotter or dream of international ventures, HSBC's global presence ensures you'll never feel stranded far from home. 2. **Product Wonderland:** HSBC's got you covered with a wide range of financial goodies – from snazzy savings accounts to investment options that'll make your wallet dance. 3. **Tech Savvy at Your Fingertips:** Say goodbye to queue nightmares! HSBC's online and mobile banking platforms make handling finances a cakewalk. 4. **VIP Treatment:** Bigwig clients, take note! HSBC's wealth management services cater to your swanky financial demands. Cons: 1. **Branch Locator Quest:** If you crave face-to-face interactions, HSBC's physical branches might not be as numerous as your neighborhood bank's. 2. **Hit-or-Miss Service:** While many folks enjoy seamless service, a few grumble about customer service hiccups now and then. 3. **Fee Frenzy Alert:** Keep your magnifying glass handy! Some services come with higher fees, so peek into the fine print to dodge those pesky surprises. 4. **Budget-Conscious Blues:** Pinching pennies? HSBC's products might demand a tad higher minimum balance than your frugal heart desires. In a nutshell, HSBC's global appeal and product variety make it an attractive choice, but the limited branches and customer service quirks might sway your opinion. Take a moment to mull over your specific needs and match them with this review to find your perfect banking match. Happy banking, folks! May your financial journey be one for the books!
Extended on our current home loan. Was the most frustrating time consuming process
Read full reviewExtended on our current home loan. Was the most frustrating time consuming process
I like this bank but the processing times are huge... refinanced my homeloans to geta better rate but the time all the paperwork was done the rate was the same as what ended up with.
Read full reviewI like this bank but the processing times are huge... refinanced my homeloans to geta better rate but the time all the paperwork was done the rate was the same as what ended up with.
To apply for a HSBC home loan, you’ll generally need to have the following details and documents handy:
Depending on your situation at the time of application, you may also need to provide some of these documents: