Hume Bank Home Loans

Hume Bank is a provider of home loans, credit cards, car loans, personal loans, savings accounts and transaction accounts, life insurance, health insurance, home insurance, landlord insurance, car insurance, and travel insurance.

What home loans does Hume Bank offer? 

If you’re currently considering a home loan, the comparison table below displays some of the variable rate home loans on our database from Hume Bank that are available for first home buyers. This table is sorted by Star Rating (highest to lowest), followed by comparison rate (lowest-highest). Products shown are principal and interest home loans available for a loan amount of $350K in NSW with an LVR of 80% of the property value. Before committing to a particular home loan product, check upfront with your lender and read the applicable loan documentation to confirm whether the terms of the loan meet your needs and repayment capacity. Use Canstar’s home loan selector to view a wider range of home loan products.

*Comparison rate based on loan amount of $150,000 and a term of 25 years. Read the Comparison Rate Warning

Compare Hume Bank Home Loans

Hume Bank home loan features

Depending on the option you choose, a Hume Bank Home Loan may provide the following:

  • Offset account available on selected loans (100% offset account)
  • Online and manual redraw facility available on selected loans
  • Additional repayments allowed but limits apply on some fixed rate loans
  • No monthly or annual fees
  • Home loan pre-approval available
  • Option to split your loan between variable and fixed rates
  • Interest only option available on selected loans
  • Fixed rate loan terms from one to five years

The inclusions above represent a selection of the features available with Hume Bank home loans. 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 Hume Bank 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.

Hume Bank FAQs

Before getting started, you might first like to take a look at our applying for a home loan checklist for some pointers, and use the Canstar website to compare home loans with other providers before choosing a product that suits your needs.

Compare Hume Bank Home Loans

If you decide to apply for a Hume Bank home loan, you can submit an application through the Hume Bank website. You can also enquire online or over the phone if you have any queries.

Yes, at the time of writing, Hume Bank allows extra repayments on its variable and fixed interest home loans. A break cost fee may be charged for fixed rate loans if the amount of the additional repayments exceeds the loan balance at the beginning of the fixed term.

Terms and conditions apply. Contact Hume Bank or visit the Hume Bank website for details.

To give you an idea of how making extra repayments could save money in interest over the life of your loan, you might like to try our Extra Repayments Calculator.

Home Loans Extra Repayments Calculator

Yes, at the time of writing, all Hume Bank home loans offer a redraw facility, except for the Line Of Credit loan. Fees, charges may apply for manual redraws, but Hume Bank says customers can make online redraws for free. Contact Hume Bank for details.

If you’re in the market for a home loan, you can compare your home loan options with Canstar.

Compare Hume Bank Home Loans

Hume Bank was founded in 1955 as the Hume Co-operative Building & Investment Society in Albury. Hume Bank has been in the Albury-Wodonga region for more than 60 years and says it’s aim is to provide a local alternative to the big banks. 

Starting with three employees and 58 customers, today Hume Bank says it now operates across Australia, employing 150 staff members and serving over 60,000 customers.

Compare Hume Bank Home Loans

Written by: Eliza Parry-Okeden | Last updated: September 19, 2019