BOQ Home Loan – loan
Home loans up to $2 000 000
Loan amount
$35,000 – $2,000,000
Interest from
2.29%
Term
3 – 30 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Home loans up to $2 000 000
- Term 3 - 30 years
Bank of Queensland (BOQ) is an ASX-listed Australian bank with a historically strong branch presence in Queensland, offering a full range of home loan products for owner-occupiers, investors and first home buyers nationally.
✓ Pros
- ASX-listed bank with a long Australian operating history
- Range of fixed, variable and split-rate home loan options
- Broker and branch application channels available
- Pre-approval available before house hunting
✗ Cons
- Fewer branches outside Queensland 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 BOQ Home Loan is $35,000.
About Bank of Queensland Limited
| Company | Bank of Queensland Limited |
|---|---|
| Address | BOQ 116 Queen Street, 116 Queen St, Brisbane City QLD 4000 |
| Website | https://www.boq.com.au |