Bankwest Home Loan – loan
Online loans up to $4 900 000
Loan amount
$200,000 – $4,900,000
Interest from
2.33%
Term
1 – 30 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $4 900 000
- Term 1 - 30 years
Bankwest, owned by Commonwealth Bank, offers home loans for owner-occupiers and investors with variable, fixed and split-rate options, historically with a strong presence in Western Australia and now available Australia-wide through digital channels and brokers.
✓ Pros
- Backed by the Commonwealth Bank Group's financial strength
- Range of fixed, variable and split-rate options
- Established presence and service in Western Australia
- Broker and digital application channels available
✗ Cons
- Fewer physical branches than a fully traditional bank in some states
- Deposit and Lenders Mortgage Insurance rules apply as with any major lender
- Rates aren't always market-leading — worth comparing
How to apply
- Select your amount
- Wait for the contact
- Get your application verified
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
24 hours
The minimum loan amount at Bankwest Home Loan is $200,000.
About Bankwest, a division of Commonwealth Bank of Australia
| Company | Bankwest, a division of Commonwealth Bank of Australia |
|---|---|
| Address | Ground Floor, Tower 1/201 Sussex St, Sydney NSW 2000 |
| Website | https://www.bankwest.com.au |