Bank First Home Loans

Bank First offers home loans, insurance, super and retirement as well as other banking products.

Home Loan Options: What Bank First offers 

Here’s a snapshot of Bank First’s variable home loans currently on offer for a purchase value of $600,000 in NSW. Please note that this table is formulated based on paying both principal and interest and results are sorted by comparison rate (lowest to highest). To compare other home loans, please click hereCheck upfront with Bank First and read the loan documentation to determine all the current loan terms and conditions for any product you are considering, and whether it meets your needs, before committing to it.

*Comparison rate based on loan amount of $150,000. Read the Comparison Rate Warning.

Compare home loans on the Canstar database here.

Compare Home Loans with Canstar

Variable home loan features

The inclusions below represent a selection of the features available with either a basic variable rate home loan or a premium variable rate home loan for an owner occupier. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about products on offer from this provider. Check upfront with Bank First and read the loan documentation to determine all the current loan terms and conditions for any product you are considering.

  • Offset account available (personal customers only)
  • Redraw facility available ($500 minimum)
  • Additional repayments allowed
  • Repayments may be made weekly, fortnightly, or monthly

What type of home loans does Bank First offer?

At the time of writing, Bank First Home Loans offers the following types of home loans:

  • Premier Package Home Loan (2 year fixed rate)
  • Complete Home Loan (Variable rate)
  • First Rate Home Loan (Variable rate)
  • First Home Buyers Package
  • Standard Home Loan (Variable rate)
  • Equity Live of Credit (Variable rate)

Find out about how different types of home loans work here.

See our comparison tables for details of different types of home loans from various lenders:

Compare Home Loans with Canstar

Bank First Home Loan FAQs

Applying for a Bank First home loan can be a simple process. But first, consider taking a look at our applying for a home loan checklist, and use the Canstar website to compare home loans from various lenders before choosing a product that suits your needs:

Compare Home Loans

Bank First offers the option of making additional repayments on some of their home loan products. Check up front with Bank First about the repayment conditions that may apply to your loan before committing.

Bank First offers a redraw facility on some of its home loan products – it says you must redraw a minimum of $500.

Bank First was founded in 1972 as Victoria Teachers Mutual Bank, initially offering financial products to members of the education sector in Victoria. Bank First now has over 100,000 customers and is worth more than $2 billion.

Bank First is a customer-owned banking institution and a member of COBA (the Customer Owned Banking Association).

Written by: Nina Tovey | Last updated: November 9, 2018