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Looking to Sell or Buy

With Bank of Melbourne, you can spend more time finding your new home and less time looking for the home loan.

Whether you are upgrading or downsizing or simply buying another property our Home Loan Specialists are ready to help guide you through the process and provide the options that are right for you. We have a range of flexible solutions to meet your needs, whether you wish to:

  • Buy before you sell – our Relocation (bridging) Loan removes the stress of timing the sale of one property with the purchase of another by giving you access to funds for your new property purchase while you wait for sales proceeds from your existing property
  • Buy and sell at the same time – use the substitution of security feature¹ to easily transfer your existing home loan to your next property and reduce the cost and effort of refinancing
  • Sell first, buy later – a Bank of Melbourne Term Deposit or Savings Account is the ideal place to invest any extra funds from the sale of your property

If you have any questions, big or small, we’re here to help.

Enquire now or speak to one of our home loan experts on 1300 304 660.

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Suggested Home Loans

Relocation Loan

Avoid paying expensive bridging finance if you buy a new home before selling your existing one.

Find out more

Fixed Rate Home Loan

Lock in a fixed interest rate for 1-5 years and get certainty over your repayments.

Find out more

Advantage Package

Package your home loan, credit card and transaction account to get a home loan interest rate discount and fee waivers that could save you thousands2, all for a $395 annual package fee. Unavailable on Basic Home Loans.

Know more

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 33KB)

This information is general in nature and has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the information to your own circumstances and, if necessary, seek appropriate professional advice.

The information on our website is prepared without knowing your personal financial circumstances. Before you act on this general information, please consider if it’s right for you. If you need help, call 13 22 66.

¹ If your request is accepted, fees will apply. Conditions, fees and credit criteria apply.

2Advantage Package: Terms & Conditions (PDF 179KB) apply. A $395 annual package fee applies and is payable from an eligible Bank of Melbourne transaction account. Before deciding to acquire a Bank of Melbourne transaction account, read the terms & conditions, and consider if the product is right for you.