Arab Bank of Australia home loans

Compare home loan rates from Arab Bank of Australia.

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Arab Bank Australia

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".

Rates last updated November 12th, 2019
$
Loan purpose
Offset account
Loan type
Repayment type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
2.90%
3.96%
$600
$8 monthly ($96 p.a.)
95%
Fix in a rate for two years and enjoy security.
3.00%
4.38%
$600
$8 monthly ($96 p.a.)
95%
2.90%
3.86%
$600
$8 monthly ($96 p.a.)
95%
Lock in a rate which won't change over three years.

Compare up to 4 providers

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

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Home Loan Offers

Important Information*
Logo for UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000
UBank UHomeLoan Variable Rate - Discount offer for Owner Occupiers, P&I Borrowing over $200,000

Take advantage of a low-fee mortgage with a special interest rate of just 2.84% p.a. and a 2.84% p.a. comparison rate.

Logo for Athena Variable Home Loan - Refinance (Owner Occupier, P&I)
Athena Variable Home Loan - Refinance (Owner Occupier, P&I)

Owner occupiers looking to refinance can get one of the lowest rates in the market with this variable rate mortgage. $0 application fee and $0 ongoing fees. Refinancers only.

Logo for ME Flexible Home Loan Fixed with Members Package - 2 Year Fixed Rate LVR <= 80% (Owner Occupier, P&I)
ME Flexible Home Loan Fixed with Members Package - 2 Year Fixed Rate LVR <= 80% (Owner Occupier, P&I)

Lock in a competitive rate for owner occupiers for two years. Comes with a 100% offset account.

Logo for Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)
Virgin Reward Me Fixed Rate Home Loan - 2 Year $300k+ Special offer (Owner Occupier, P&I)

Buy your home and lock in a low rate for the first two years. Available with a 10% deposit. Earn Velocity Frequent Flyer Points at settlement, monthly and every three years, plus extra bonus points for a limited time.

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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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