Bendigo Bank Home Loan – loan
Home loans up to $2 500 000
Loan amount
$1,000 – $2,500,000
Interest from
2.34%
Term
1 – 30 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Home loans up to $2 500 000
- Term 1 - 30 years
Bendigo Bank (part of Bendigo and Adelaide Bank) is an ASX-listed, customer-owned-in-spirit regional Australian bank headquartered in Victoria, known for its "community bank" branch model where local franchise branches share profits with their communities.
Bendigo Bank offers home loans for owner-occupiers, investors and first home buyers with variable, fixed and split-rate structures, delivered through its community bank branch network and brokers across Australia, with a reputation for relationship-based service.
✓ Pros
- Community bank branch model with local relationship banking
- Range of fixed, variable and split-rate options
- Broker and digital application channels available
- Pre-approval available before house hunting
✗ Cons
- Fewer branches in some areas compared with the big four
- Deposit and Lenders Mortgage Insurance rules apply as with any lender
- Rates aren't always the cheapest on the market — worth comparing
How to apply
- Know your budget
- Do your research
- Get pre-approval
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 Bendigo Bank Home Loan is $1,000.
About Bendigo and Adelaide Bank Limited
| Company | Bendigo and Adelaide Bank Limited |
|---|---|
| Address | Bendigo Bank, 12 Bath Ln, Bendigo VIC 3550 |
| Website | https://www.bendigobank.com.au |