Our home loans

We have home loans for a number of circumstances ranging from standard home loans to loans for the self-employed

Advantage Package

  • Save with package discounts on home loan interest rates and fees1
  • A package deal for your home loan, credit card and transaction account.

Standard Variable Rate Loan

  • Great features including full interest offset and redraw
  • Get a competitive variable interest rate without being locked in for a set term.

Fixed Rate Home Loan

  • Choose a fixed rate for 1 to 5 years
  • Know exactly where you stand with your budget and what you’ll need to pay
  • Save with a partial interest offset.

Portfolio Loan

  • A flexible line of credit
  • Allows borrowers to access funds up to their available credit limit to make investments for their future, such as to purchase an investment

Basic Home Loan

  • A basic, no frills home loan with a low variable interest rate
  • $0 monthly establishment fee special offer for a limited time^
  • $0 monthly service fee
  • Flexible repayment options.

Seniors Access Home Loan

  • Only available to homeowners who are at least 63 years of age
  • Apply to borrow from $10,000 to $250,000 depending on the age of all applicants, your property’s value (which Bank of Melbourne will determine) and its location.

How to apply

The Detail

^ This offer is only available for new Basic Home Loan applications received from 25 February 2014. This is a current offer which may be withdrawn at any time. If you apply after the end of this offer the interest rate which will apply is the standard Basic Variable Rate without any discount. This offer does not apply to internal refinances and is not transferable between loans, and is not available in conjunction with, or in addition to any other special offers, negotiated rates or discounts.

1. Advantage Package annual fee of $395 applies, other fees may be payable. The interest rate discount and fee savings apply for the duration of the package. Contact us to see if you are eligible to receive Advantage Package benefits.