BankSA Home Loan – loan
Online loans up to $5 000 000
Loan amount
$10,000 – $5,000,000
Interest from
2.29%
Term
3 – 30 months
Approval
15 minutes
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $5 000 000
- Term 3 - 30 years
BankSA, part of the Westpac Group, is the leading regional banking brand in South Australia and the Northern Territory. It offers the same breadth of home loan products as its parent — variable, fixed and split-rate loans with offset accounts on eligible products — delivered through a branch network concentrated in SA and the NT.
✓ Pros
- Strong local presence and service in SA and the NT
- Full range of fixed, variable and split-rate home loan options
- Offset accounts available on eligible loans
- Backed by the Westpac Group
✗ Cons
- Fewer branches outside South Australia/NT compared with a fully national bank
- Deposit and Lenders Mortgage Insurance rules apply as with any major lender
- Rates aren't always the cheapest on the market — worth comparing
How to apply
- Learn how much you could borrow
- Receive indicative approval in under 15 minutes
- A home loan expert will call you once you have submitted your application to talk through next steps
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident (some lenders accept eligible visa holders)
- ✓ Deposit or equity, commonly 5–20% of the property value
- ✓ Stable employment history and serviceable income
- ✓ Satisfactory credit history and lender valuation of the security property
Frequently asked questions
15 minutes
The minimum loan amount at BankSA Home Loan is $10,000.
About BankSA - A Division of Westpac Banking Corporation
| Company | BankSA - A Division of Westpac Banking Corporation |
|---|---|
| Address | Level 18/275 Kent St, Sydney NSW 2000 |
| Website | https://www.banksa.com.au |