Home Loan help, however you want to ask
Chat with our Home Loan Concierge when our chat notification pops up.
You can even ask your home loan questions in Facebook Messenger!
Become quietly confident with your first home loan by knowing what to expect.
Home Guarantee Scheme
You could buy your home sooner, with a low deposit and no need to pay LMI.
Home loan terms, explained
What in the world is LMI, LVR and offset? Watch our video clips for explanations behind popular home loan terms.
Getting started: FAQs
Find answers to the big questions, like do you need loan approval before auction and how do you know which home loan’s right for you?
Purchase costs
Our stamp duty and lenders mortgage insurance calculator could help you estimate these property purchase costs.
Calculators
Get an idea of what your borrowing power could be. Discover how choosing fixed, variable or Interest Only can affect your repayments.
Buy with confidence
Research the neighbourhood – and whether you can afford to buy there – with our free online full Property Reports.
Help me choose
Use our home loan selector to match with the right options.
It's easy to get started
Save time, apply online
Apply online for a home loan, conditional approval or to switch to us.
- You could get approval in 1 business day
- Dedicated lender will support you from application to settlement.
Book an appointment
A member of our team will be in touch at a time that suits you.
- They’ll answer your questions and guide you through your next steps.
- A lender can start your application for you.
The bank for first home buyers
- Awarded at RFi Group Australian Lending Awards 2021 for Best First Home Buyer Lender
Our Home Loans
We offer a range of mortgages to suit your needs with competitive interest rates.
Some key features
Learn about the different features of your home loan and see how they could affect you.
The Detail
Conditions, credit criteria, fees and charges apply. Based on Bank of Melbourne’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions.
Loan Accounts – Charges for specific services and accounts (PDF 331KB)
+LVR stands for the initial loan to value ratio. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and won’t change during the life of the loan as the LVR changes.
#Advantage Package Terms & Conditions (PDF 147KB) apply. A $395 annual package fee applies and is payable from a Bank of Melbourne Complete Freedom transaction account. Before deciding to open a Bank of Melbourne Complete Freedom account, read the Terms & Conditions, and consider if the account’s right for you.