Home loans

Conditions, credit criteria, fees, charges, eligibility criteria and exclusions apply. Based on Bank of Melbourne credit criteria, residential lending is not available for Non-Australian Resident borrowers.

Loan Accounts - Charges for specific services and accounts

Bank of Melbourne Advantage Package - Terms and Conditions

Before making a decision, please read the terms and conditions and ensure you're aware of all fees and charges. You can request a paper copy at a branch.

Program eligibility. If you didn’t receive the link to this Corporate Partners Program site directly from your organisation, you may be ineligible to receive Program benefits. To check, ask your employer, community group or government organisation if they’re a Bank of Melbourne Corporate Partner e.g. contact your group coordinator, HR or department head. If you still have questions, fill in a few details and one of our team will aim to get back to you within one business day.

^**Offer eligibility criteria, exclusions apply. Credit criteria, fees and conditions apply. This offer may be varied or withdrawn at any time. This discount is available to eligible Corporate Partner members and employees on new Variable Rate home loan with the Advantage Package. Eligibility of the primary applicant must be confirmed at the start of the application. $395 annual package fee applies. Offer available on Owner Occupier (Principal & Interest), Owner Occupier (Interest Only), Investment Property (Principal & Interest) and Investment Property (Interest Only) home loans. Minimum loan size of $150,000. Offer not available for loans originated through a mortgage broker, introducer, paid referrer (Mortgage Alliance) and residential lending originated under family or company trusts.

^***This is an estimate of potential savings; actual savings may differ depending on your situation. Estimated savings amount calculated on a $500,000 home loan on 7.44% p.a. compared to 7.34% p.a. over a 30-year loan term. Premier Advantage Package Conditions of Use $395 annual package fee applies.

^#Advantage Package Terms and Conditions apply. A $395 annual package fee applies and is payable from an eligible Bank of Melbourne transaction account. The discount and fee savings apply for the duration of the package. Before deciding to acquire a Bank of Melbourne transaction account, read the Terms & Conditions, and consider if the account’s right for you.

⁺LVR stands for the initial loan to value ratio at loan approval. LVR is the amount of your loan compared to the banks 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 don’t change because of changes to the LVR during the life of the loan. Any applicable LVR discount has been included in the advertised eligible rate.

^{^}Home Guarantee Scheme eligibility criteria apply. 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. This info has been prepared without taking your objectives, needs and overall financial situation into account. For this reason, you should consider the appropriateness of the info and, if necessary, seek appropriate professional advice.

²To find out more visit the Home Guarantee Scheme website. Once our allocation of loans under the scheme has been exhausted, standard lending approval criteria, including the need for LMI and LDP where appropriate, will apply.