Specialty home loans
Moving home, building or renovating? Your loan can be structured a little differently.
Building option
You could save interest by making progress payments, and only drawing down the money you need at the end of each construction stage.
Relocation Loan
Moving home is often about the timing. This bridging loan helps you buy or build your new home, while waiting for your current one to sell.
Package option
Package your Standard Variable Rate Home Loan and/or Fixed Rate Home Loan with a credit card and transaction account to get interest rate discounts and fee waivers that could save you thousands¹.
Loan portability
If you’re selling and buying at the same time, you may be able to take your current Bank of Melbourne home loan with you – without the expense and extra admin of setting up a whole new loan.
Splitting your new loan
Get the best of both worlds by splitting your home loan: the certainty of a fixed interest loan account, combined with the flexibility of a variable interest loan account.
The Detail
1Advantage Package Terms & Conditions (PDF 143KB) 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.