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Bank of Melbourne's normal lending criteria apply. Conditions and fees apply and may change.
Before making a decision, it's best to read the terms and conditions.
- Residential Loan Agreement - General Terms and Conditions (PDF 239KB)
- Loan Accounts - Charges for specific services and accounts (PDF 605KB)
Please read these documents and keep a copy. You can request a paper copy at a branch.
Conditions and fees apply. Bank of Melbourne, a division of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 issues the products on this website. The advice on our website is prepared without knowing your personal financial circumstances. Before you act on this or any advice, please consider if it's right for you. If you need help, call 13 22 66.
^Redraw requests are subject to our approval. Redraw Limits for Fixed rate loans commenced before 17 May 2020: During a fixed rate period, you can only redraw up to $10,000 in each 12 month period. For this purpose, a “12 month period” is the period from the date the fixed rate period started to the first anniversary of that date and each consecutive 12 months after that, during the fixed rate period. Redraw Limits for Fixed rate loans commenced on or after 17 May 2020: During a fixed rate period, you can only redraw available funds that you have paid into the loan during your fixed rate period, up to the prepayment threshold. For more information on the prepayment threshold see the Break costs section.