Get fast online approval with a competitive fixed interest rate2 of 2.14% p.a. and a Comparison rate1 of 2.77% p.a.
Here's why an Express Home Loan is a great choice
In today's fast-paced world our Express Home Loan, with its quick online approval and competitive interest rate, could be ideally suited to your needs. So if you prefer doing things online and don't feel the need to meet with a lender face to face, then an Express Home Loan might be just what you're looking for.
Fast online approval
Your application and assessment will be conducted online
Flexible repayment options
Choose from Principal & Interest or Interest Only and access additional repayments using online redraw
Offset facility
Make your money work smarter. An offset account reduces the interest you pay on your eligible home loan
Full approval (not pre-approval) in 3 easy steps
You can get your loan approved online (on your choice of device) in hours instead of weeks.
Here's how to do it.
Here's how to do it.
Step 1 - Be ready
Make sure you have your important information handy, like your identification, the address of the property you want to buy, and your income and expenses.
Step 2 - Apply online
We'll value your property, verify your personal details, run a credit check and validate your income and expenses in real-time as you complete the application. If there is something we can't do online, your application will be sent to our online team to review.
Step 3 - Get a quick result
Receive a quick decision, if there's any issues we'll work to resolve them as soon as possible. If approved, your loan documents will be auto-generated and emailed to you, in most cases, within minutes.
Where do I start? Let's check your eligibility.
Express Home Loan rates
Check my eligibility
Is Express the right choice for my situation?
If you can answer yes to the following questions, there's a good chance we can help you with an Express Home Loan.
Property type - you're buying or refinancing an established property (not off the plan or under construction)
Location - you're buying a home or investment peoperty in a capital city or major regional centre. If you're purchasing, an approximate address of the property you're looking to buy (if you know the exact address, use that). If you don't have an address, you can use a dummy one and we can fix that up later.
Deposit amount - you have at least a 10% deposit or equity, plus savings to cover fees and charges such as stamp duty. If you have less than a 20% deposit, you'll also need to pay Lenders' Mortgage Insurance (LMI).
Loan amount - we can lend you a minimum loan amount of $50K, and a maximum loan amount of $2M.
Employment - you're currently emplyed, either through PAYG or self-employment.
ID - you have at least one form of government ID, such as a passport, drivers licience or Medicare card.
Country - you're an Australian citizen or permanent resident who lives in Australia.
If you have answered no to any of these questions we can still help.
View our other home lending solutions, find a mobile lender or complete the online enquiry form to request a call back.
What do I need to apply?
Before you start the application, you'll need to have the following information ready to reference.
The address of the home you wish to purchase or refinance.
A valid email address and mobile phone number.
One of the following: Australian drivers licence; Australian passport; foreign passport with an Australian Visa; or a Medicare Card.
Your bank details if you wish to upload your financial documents digitally.
If you choose to upload your financial documents manually, you will need copies of your bank statements, including and credit card, personal or home loan, and/or deposit statements.
Ready to get started?
How does it all work?
Let's break down the steps
We perform your home loan assessment as you fill in your application. So you get real time answers online. Before you start, check if you are eligible and get your information ready.
Step 1 - Your property
We’ll ask you about the property address and the amount you want to borrow. We then run an automated valuation to make sure we can lend against the home. If at any point it becomes apparent that you are not eligible, we will let you know straight away.
Step 2 - Your loan
We’ll enquire about what’s important to you and try to gauge your priorities, as well as how frequently you would like to make repayments. Based on your answers we’ll suggest some loan options that could suit you.
Step 3 - Apply for your loan
We’ll verify your personal details by securely checking your identification with a government database. We’ll also run an instant credit check in the background at the same time. If that’s all clear, we’ll ask about your employment, followed by some questions about your deposit and what other assets you have. If you already own a property, we will need to receive details about it.
Step 4 - Estimate your expenses
This will help us determine your current position. You’ll also need to advise us of any other loans or credit cards you currently have.
Step 5 - Verify your finances
For fast digital validation, login securely with your bank accounts and we will receive read only copies of your account statements. Alternatively, you can manually upload your transaction statements and one of our team members will review these as soon as possible.
Step 6 - Outcome
Once all your information has been electronically processed, and if your application is assessed as suitable for the loan type and amount, you’ll receive approval. If there is anything else we need to look into, we’ll let you know and a home loan expert will contact you. And of course, if you have any questions, our Australian based team are on call 7 days a week.
What happens next?
Once you’ve received approval, you’ll be able to sign your purchase contract and pay your deposit.
This is also an appropriate time to obtain building insurance and arrange a conveyancer to officially transfer the property title. One thing you’ll need to do in person is to have your identification verified in-branch – once that’s done, we will email you your home loan contract.
Once you have read the documents, you’ll need to print out the specified parts that need to be returned to us.
The final step in the process is waiting for the settlement date – at which point you will become the property’s new owner!
More information
Get in touch
Talk to us
Call 1300 289 796
Weekdays: 8am to 6:30pm
Weekends: 9am to 5pm
Write to us
PO Box 3187
Rundle Mall
SA 5000, Australia
Email us
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Additional information
Terms and conditions, fees and charges apply. All information including interest rate is subject to change without notice. Full details available on application. Lending criteria apply.
1 Important information about comparison rate: The comparison rate displayed is calculated for a loan of $150,000 over 25 years. If the comparison rate relates to a loan with a fixed interest rate, the comparison rate has been calculated on the basis that our current applicable variable rate will apply at the end of the fixed rate period. WARNING: The comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
2 Bendigo Express Home Loan: The interest rate displayed is for a live-in (owner occupied), principal and interest loan and is based on a maximum Loan to Value Ratio (LVR) of 90%.
