Bank of us Home Loans
What home loans does Bank of us offer?
At the time of writing, Bank of us offers the following home loan products:
FlexiDiscount home loan
A Bank of us FlexiDiscount home loan has the option of a variable interest rate or fixed rates from one to three years. A FlexiDiscount home loan does not offer a mortgage offset account option.
Topline home loan
This is a flexible home loan product with a variable interest rate which allows you to use an offset account, make additional repayments and redraw funds.
FlexiLine home loan
A Flexiline home loan allows you to access the equity that you’ve acquired in your home for a variety of purposes, such as renovating or investing, up to an agreed limit. This loan product also charges a $10 monthly service fee.
FlexiDiscount First Home Loan Deposit Scheme
Bank of us participates in the Australian Government’s First Home Loan Deposit Scheme which supports eligible first home buyers by allowing them to purchase a home with a low deposit. Bank of us may loan up to 95% of the property value for those who are eligible for the scheme.
Canstar does not currently compare Bank of us home loans, but you can compare other home loans providers on Canstar’s database:
Bank of us home loan features
Depending on the product you choose, a Bank of us home loan may include the following features:
- No application fees
- Choice of a variable or fixed interest rate
- Minimum loan amount of $20,000
- Additional repayments allowed, including on fixed loans
- One month off repayments available each year
- Flexible repayment options, such as weekly or fortnightly payments
- Offset accounts or redraw options available
The inclusions above represent a selection of the features available with Bank of us home loans. Canstar is not making any suggestion or recommendation to you about this product. Additional terms and 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 of us and please ensure that you read the product disclosure statement (PDS) or other loan documentation to determine all the current loan terms and conditions for the product you are considering and whether it meets your needs, before committing to it.
