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Arab Bank of Australia home loans

Compare home loan rates from Arab Bank of Australia.

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Arab Bank Australia

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On this page you can find information about Arab Bank of Australia home loans. Skip ahead to the full table of products or read more about the lender.

Compare Arab Bank of Australia home loans

Compare Arab Bank of Australia home loan products below and hit "load more" to see a fuller selection of loans. You can also find more information on each individual product by clicking "more info".

Data indicated here is updated regularly
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Loan purpose
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Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
Arab Bank Australia Fixed Rate Home Loan - 2 Year (Owner occupier)
2.28%
3.36%
$600
$8 monthly ($96 p.a.)
95%
Fix in a rate for two years and enjoy security.
Arab Bank Australia Fixed Rate Home Loan - 2 Year (Investor)
2.70%
3.84%
$600
$8 monthly ($96 p.a.)
95%
Arab Bank Australia Fixed Rate Home Loan - 3 Year (Owner occupier)
2.30%
3.27%
$600
$8 monthly ($96 p.a.)
95%
Lock in a rate which won't change over three years.
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Arab Bank of Australia lender profile

  • The Arab Bank Australia is a subsidiary wholly owned by Arab Bank Plc, the Arab world's first private bank. It currently has 10 branches across Melbourne and Sydney and it offers financial services such as everyday banking, international trade and property.
  • The Arab Bank of Australia has been operating in Australia since 1986 and boasts the world's largest Arab banking branch network, with more than 500 branches across 30 countries.
  • In addition to mortgages, the Arab Bank of Australia offers transaction accounts, mobile banking, personal loans and foreign currency exchange.

How do I apply for a Arab Bank of Australia mortgage?

If you'd like to apply for a home loan from Arab Bank of Australia, please contact the lender directly.

Eligibility

Each Arab Bank of Australia product has specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Arab Bank of Australia you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

  • Identification documents. You will need identification such as a driver's license, passport or birth certificate.
  • Proof of income documents. Recent payslips can establish your income.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

Detailed guide to home loan applications and paperwork

Looking for more mortgage options?

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Home Loan Offers

Important Information*
Logo for Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)
Westpac Flexi First Option Home Loan - Basic Variable Rate (Owner Occupier, P&I)

Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply.

Logo for St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)
St.George Basic Home Loan - LVR 60% to 80% (Owner Occupier, P&I)

Up to $4,000 refinance cashback. A competitive variable rate loan from St.George. Refinancers borrowing $250,000 or more can get $4,000 cashback (Other terms, conditions and exclusions apply).

Logo for Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I
Athena Liberate Home Loan - 70% to 80% LVR Owner Occupier, P&I

A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.

Logo for UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate
UBank UHomeLoan Variable Rate - Discount Offer for Owner Occupiers, Variable P&I Rate

Take advantage of a low-fee mortgage with a special interest rate of just 2.49% p.a. and a 2.49% p.a. comparison rate.

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4 Responses

  1. Default Gravatar
    FaridullahNovember 8, 2014

    Salam alikum, I recently purchased a house in Perth. I am an overseas worker and didn’t know about any islamic bank.
    Now I am stressful because the way I am paying mortgage in not according to sharia. I need your help if I can transfer my existing mortgage to an Islamic bank and pay according to sharia?

    • Avatarfinder Customer Care
      ElizabethNovember 10, 2014Staff

      Hi Faridullah,

      Thanks for your question.

      Transferring your existing mortgage to another lender is referred to as refinancing and is possible to do. You might want to take a look at this page which takes you through the steps associated with refinancing. Before you start, take a look at the break costs and exit fees your current lender will charge you to leave your home loan to see if its a financially viable option.

      I hope this has helped.

      Thanks,

      Elizabeth

    • Default Gravatar
      FaridullahNovember 11, 2014

      Thanks for your reply. I want to refinance but my question is that I want to borrow according to sharia, just like other islamic banks are doing Overseas. Reply if you can be of any help in this matter.

    • Avatarfinder Customer Care
      ElizabethNovember 11, 2014Staff

      Hi Faridullah,

      You’ll need to get in contact with Arab Bank directly to see if they are able to lend to you in this way, as I’m unaware of the specifics of sharia. If they can’t offer you this, you may want to get in touch with a mortgage broker who might be able to offer you other options for lenders.

      I hope this has helped.

      Thanks,

      Elizabeth

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