Read on to learn more about BOQ's key home loan interest rates and features.
The table below contains a selection of BOQ's latest home loan offers.
Summary:
BOQ, known as the Bank of Queensland, is one of the oldest banks in Australia, having formed as the Brisbane Permanent Benefit Building and Investment Society in 1874 - the first permanent building society in Queensland. It became known as Bank of Queensland in 1970, and now has over 250 branches and 3,000 ATMs across Australia, with almost $60 million in total assets, placing it among the largest financial institutions in the country.
Whether you're a first home buyer, a refinancer or a property investor, BOQ has plenty of home loan products to suit a variety of borrowers' needs.
Considering other lenders? Compare home loans with these low-rate offers for owner occupiers:
BOQ offers home loans to owner-occupiers and investors, including:
BOQ also offers other types of loans, such as line of credit loans for things like renovations and construction loans for building a home. It also offers different types of repayments, like interest-only or principal and interest.
Accompanying BOQ's home loan products are the following features:
Not all BOQ home loan products will have all of these features. Be sure to consult your broker or a mortgage specialist from BOQ for more details, and remember to check the Ts and Cs for more info on a loan’s fees, charges, interest rates and features.
You can also get up to $2,500 cashback when you refinance to a BOQ home loan (terms and conditions apply).
To be eligible to apply for a BOQ mortgage you generally need to:
You can apply for a BOQ home loan online and then following the prompts or by phone on 1300 79 56 12.
To ensure a straightforward application with BOQ you should have the following documents handy:
BOQ has a home loan application form here, which contains all the relevant information you’ll need to fill out.
The time it takes for an application to be processed can vary, but generally, it can take several weeks at least to be fully processed and approved, as BOQ needs to verify your identity, assess your application in terms of your finances and transfer security of the property.
Pre-approval generally takes less time than an unconditional approval, and you should receive a pre-approval within one business day of completing your application. A BOQ home loan expert can help tell you more.
Lenders such as BOQ will verify your identity electronically or over the phone, using the personal details you provided during your application.
Your home loan application can be unsuccessful if you don't meet the eligibility criteria or haven't supplied all the documentation required for the process to move forward.
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