- Home loans up to $300,000
- Low-interest starting from 4.39%
- Repayment up to 30 years
[Accessed May 26, 2023]
About Adelaide Bank
Coming from an amalgamation of various entities in the mid-1990s, Adelaide Bank presents any prospective homeowner with a polished and comprehensive presence online.
20 years of history
Although a recent amalgamation, Adelaide Bank has made only the smartest moves in its 20-odd years of history and has a reputation as a bold financial partner and tight ship.
To be fair, they have origins far older than merely restructuring in 1994, as the various players who combined to form the bank have been around for many, many decades.
Pick & choose or take the lot
Offering a full range of banking products, Adelaide Bank’s home loan clients have the advantage of their building society roots and also the benefits of selecting arrangements within the highly nuanced web of interconnectivity that constitutes the bank’s presence in the 21st century.
Australians would be hard-pressed to find a more detailed and potentially cost-effective solution to buying a home than those on offer at Adelaide Bank.
Enjoy a personalised rate
Existing clients with a history at the bank may enjoy slight leverage on repayment rates and terms. In addition, this lender offers a range of banking and lending services like personal loans, credit cards and transactional and savings accounts. Their web presence may be detailed, but it is nonetheless elegant and easy to navigate when one is looking for the gist of a potential home loan.
Adelaide Bank Services
Adelaide Bank recognises its clients and they can log in and continue with their online access, as opposed to a new client.
That said, the base offer remains the same and the online loan application process too when one is looking for a home loan.
Approachable financial support
Adelaide Bank’s building society ethos lingers and they are eminently geared towards home loans. Typically, a repayment period spans 20 years although 30 years is also on offer.
Consumers need to look at their own situations and the associated costs in order to determine what best suits them as a loan period. Packages come with 100% offset and the loan amount is uncapped, determined by the applicant’s demonstrable ability to repay.
Their smart saver loan option
The Smartsaver option is a no-frills loan that carries no monthly fees. Options are available whereby clients can access savings accrued to the home loan and no penalties accrue to lump sum injections into the mortgage.
Fixed & variable rate home loans
Fixed-rate loans and variable rates are available and the bank supplies a detailed and comprehensive fact sheet online to enable clients to cost out their dreams well before applying.
Offering a current rate of 4.39% against a comparison rate of 4.40%, monthly repayments and all associated expenses are accounted for by using their spreadsheet.
Adelaide Bank – Home loan
- Loan Type Home loans
- Interest Rate from 4.39%
- Loan Amount up to $300,000
- Repayment 10 years to 30 years
Benefits of Adelaide Bank
- Reliable home loans up to $300,000
- Low-interest rates starting from 4.39%
- Repayment periods up to 30 years
Adelaide Bank can assist you in financing your dream home
Reassuring in the detailed yet logical tools on offer prior to application, Adelaide Bank matches this with their service offering.
It is not uncommon for the home loan application to take several days, mostly on the back of Adelaide Bank’s efforts to shop around for the small betterment of a figure here and there in order to tweak an offer for any potential client.
A host of options
Various options are available with Adelaide Bank, such as focused investment property purchases, packages for first-time homeowners, refinancing of a mortgage as well as all attendant ancillary products.
Bringing it all together successfully
Providing clients with relevant information online and points to ponder makes contemplating a mortgage online a pleasure. With Bendigo Wealth and Community Sector Banking among others in the stable, clients are assured of a comprehensively good deal with Adelaide Bank.
Why choose Adelaide Bank
With flexibility and solid backing all in one place, consumers would do well to peruse their offerings when buying a home.
How long will it take Adelaide Bank to get back on your home loan application?
They know how nerve-wracking it is for customers to apply for a home loan. This is the reason why they don’t waste too much time when it comes to letting you know if your loan has been approved or not.
If you apply in the morning, you will know before the end of business if your credit request has been accepted or not. Should they decline your advance plan, please don’t lose hope. It might be a current rejection but this doesn’t mean you shouldn’t apply in future.
They will always notify you of the reasons behind them turning down your loan. If they see that a customer has a number of loans that they are already paying for and they aren’t really coping financially, they will decline your request under such reasons.
After you have settled some of your financial obligations and you feel that you are ready for another loan, you are more than welcome to come back and try again.
Can you settle your home loan earlier?
There are no charges for a customer paying his home loan sooner than the expected date.
Adelaide Bank is a trusted & reliable provider of home loans
In our review, Adelaide Bank adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.
✅ Adelaide Bank is a registered credit provider in Australia: ACL 237879
Customer Reviews & Testimonials
Adelaide Bank finally gave me the opportunity of owning property when they accepted my home loan application.
— Perth —
I am so happy with the interest rates on my home loan at Adelaide Bank.
— Broome —
What a smooth home loan application Adelaide Bank has!
— Queensland —
I am happy with the interest rates that I am paying for my home loan at Adelaide Bank
— Broome —
One business day was all it took for me to get a response to my home loan application.
— Perth —
Adelaide Bank Contact
- (02) 6291 3385
- (02) 6291 0054
- Shops 19-21 Calwell Shopping Centre, Webber Crescent Calwell ACT 2905 Australia
- Get Directions
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:00 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday – Closed
- Sunday – Closed