Important disclosure

4.74
% p.a
Fixed - 1 year
5.76
% p.a
$1,709
based on $300,000 loan amount for 25 years at 4.74%
Calculate your repayments for this loan
Your estimated repayment
$1,709
based on $300,000 loan amount for 25 years at 4.74%
Bank of Melbourne home loans are available through brokers who can help find the right loan and manage your application at no charge.
Lee HAO
Get expert advice from a home loans specialist.
Lee is a graduate of Monash University with a Bachelor of Commerce and Arts. Lee is strongly passionate about the real estate market and banks since he was a student. Driven by this passion, together with experience in consulting companies and banks, Lee hopes to educate and guide her clients throughout their real estate ownership journey. Lee believes in placing the clients at the centre of every relationship and building trust through honesty and reliability. 'I want to empower my clients' every property dream and hope to service them until they retire with rent.' 'I will not try to sell you a deal that I will not sell it to my mom.' That's his principle. We are here to fight for the best possible deal for every customer. We have a great relationship with more than 30 lenders. Not that they happen to be on our panel but we actually settled with them and know their policies and procedure inside out. We do not recommend any lenders or products without a personalized and on time research for you. So our process ensure the deals we present are in your best interest hot and fresh. Our standard operation procedure is: 1) Free consultation by phone or zoom to understand your needs. Answer your burning questions. 2) Collect information, facts and document to conduct research for you. Give us a chance and allow us to make a positive impact on your personal finance; Research will usually take 2-3 business days. For more complicate cases may take longer on notice case by case. 3) Present solutions via zoom or in person. 30-60 mins. Also including a property purchase or investment strategy session. 4) Once you made the decision it takes 2-10 business days to proceed and obtain a pre-approval or refinance formal approval. Other days and procedure will be designed and notice according to your situation. 5) Free after settlement review every year too. Service Satisfaction guarantee!!** Call me and let's chat.
Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.
John Valentine
Get expert advice from a home loans specialist.
I have a professional background with 19 years’ experience as a Mortgage Broker.. My loyal client base has been built by providing a high level of service to my clients. A key part of my service is to understand all client requirements and then work out a cost-effective solution that meets their needs. Over the years, I have developed excellent relationships with lenders, which enables me to offer a range of solutions. My knowledge of various lenders’ complex policies and products, allows me to set-up loan structures that meet the needs of each client, while fitting-in with lender credit requirements. I provide a variety of financial services, including: - residential finance - construction loans - business & commercial loans - SMSF loans - Reverse Mortgages etc I deal with all types of clients: - first home buyers - experienced investors - PAYG - self-employed borrowers - companies and trusts. I hold an Australian Credit Licence (477288).
Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.
Melissa Huynh
Get expert advice from a home loans specialist.
Melissa has many years experience within the Finance Industry. Having started her career as a Financial Planner and over 7 years as an award winning Mortgage Broker with a strong focus on customer service. Melissa is highly efficient and will get the job done! Whether you have a complex situation or Commercial loan Melissa will strive to find you the most competitive and suitable loan options and ensure you are educated and kept up to date throughout the process.
Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Neat Home Loan
3.14
% p.a
Variable
3.16
% p.a
A straightforward home loan with a low variable rate, unlimited extra repayments with redraw, and no ongoing fees.
Quick home loan review
For Fixed Rate Home Loan (Principal and Interest) 1 Year (LVR < 60%)
These are the benefits of this home loan.
- Interest rates ranked in the best 20%
- Redraw facility available
- Parents can sign as guarantor
- Extra repayments and redraw facility
- Split account option
These are the drawbacks of this home loan.
- Limited extra repayments
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- Maximum loan amount is limited to 60% of the property's value
Home loan overview
For Fixed Rate Home Loan (Principal and Interest) 1 Year (LVR < 60%)
- Details
- Features
- Fees
- Application method
Details
Maximum LVR 60% | Total Repayments $512,700 |
Interest rate type Fixed - 1 year | |
Borrowing range
$150k
-
$2m
| Suitable for Owner Occupiers |
Loan term range 1 - 30 years | Principal & interest |
Interest only | Applicable states ACT, NSW, NT, QLD, SA, TAS, VIC, WA |
Features
Extra repayments Yes - limited to $30000 | Offset account Partial offset account |
Redraw facility Redraw fee: $10 | Split interest facility |
Loan portable | Repayment holiday available |
Allow guarantors | Available for first home buyers |
Fees
Total estimated upfront fees 864 | Application fee 600 |
Legal fee $0 | Valuation fee $164 |
Settlement fee 100 | Other upfront fee 0 |
Ongoing fee $10 monthly | Discharge fee 350 |
Application method
Online | Phone |
Broker | In branch |
- Cashback Receive $4000 in cashback when you refinance
Target Market Determination
Visit Bank of Melbourne to view Target Market Determination.
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