Read on to compare some of Macquarie Bank’s key home loan interest rates and the key features they have.
Considering other lenders? Compare home loans with these low-rate offers for owner occupiers:
Founded in December 1969, Macquarie Bank set out to provide Australians with a range of financial services of an international standard. Now a global business operating in over 27 countries, Macquarie offers a diverse range of financial products, including mortgages.
Whether you’re a first home buyer, a refinancer or a property investor, Macquarie Bank has a wide range of home loan products to suit a variety of borrowers’ needs. Macquarie says it is committed to providing its customers with competitive interest rates to help facilitate their journey to homeownership.
Macquarie offers home buyers two key home loan products:
These home loans are available for owner-occupiers and investors with the option of either principal and interest or interest-only repayments.
Accompanying Macquarie’s key home loan products are the following features:
Not all products will have all of these features. Be sure to consult your broker or home loan specialist from Macquarie Bank for more details.
To be eligible to apply for a home loan with Macquarie Bank, you generally need to:
You can apply for a Macquarie Bank home loan online at https://www.macquarie.com/au/personal or by phone on 13 62 27.
To ensure a straightforward application, you should have the following documents handy:
Pre-approval generally takes less time than an unconditional approval. In most cases, you could receive a pre-approval within one business day of completing your application. The time frame for an unconditional approval, on the other hand, can vary as it largely depends on how quickly Macquarie Bank can verify your identity, assess your application and transfer security.
The bank verifies your identity electronically, using the personal details you supply during your application. In some cases, should further information is required, it may verify your identity with ZipID; a mobile service that comes to you to conduct the verification in person. You would need to have your driver’s license or passport on hand if that was the case.
Regardless of lenders, 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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