Bank Of Queensland Home Loans

Rates and fees last updated on

Bank of Queensland

Bank of Queensland (BOQ) can help you find a flexible home loan to complement your personal finance needs

BOQ is a leading regional bank that is not owned by any of the big four.

BOQ is completely independent and offers a range of personal banking products and services. With more 270 branches across Australia, BOQ has been doing business since 1874.

Rates last updated October 20th, 2017
$
Loan purpose
Offset account
Loan 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
3.79%
3.95%
$300
$10 monthly ($120 p.a.)
80%
Take advantage of a basic no-frills home loan with extra repayments and fee free redraw.
3.79%
4.44%
$300
$10 monthly ($120 p.a.)
80%
This fixed rate loan includes a special offer for new lending of $150000 with an LVR of 80% or less. Offer extended.
4.47%
4.60%
$0
$10 monthly ($120 p.a.)
95%
A low interest rate home loan with no application fee. Borrow up to 95% of house valuation.
4.19%
5.49%
$300
$10 monthly ($120 p.a.)
95%
A competitive two year fixed rate.
4.39%
5.42%
$300
$10 monthly ($120 p.a.)
95%
Refinance or fix your new home loan for 3 years to secure a low interest rate. Low doc option available.
4.09%
5.61%
$300
$10 monthly ($120 p.a.)
95%
Fixed rate home loan for 1 year which includes an offset account.
4.09%
4.71%
$0
$395 p.a.
80%
Enjoy a discounted rate home loan with 100% offset account for borrowings of $1,000,000 plus.
5.61%
5.77%
$495
$10 monthly ($120 p.a.)
95%
A no frills variable rate home loan with mortgage offset account.
4.39%
5.31%
$0
$395 p.a.
95%
Fix in a rate for three years and avoid fluctuations in repayments.
6.99%
$495
$10 monthly ($120 p.a.)
80%
Borrow up to 90% LVR with no application fee and low monthly keeping fee.
6.99%
$495
$0 p.a.
80%
Get finance for your new home while you organise the sale of your old one.
6.34%
$0
$395 p.a.
90%
Get access to your equity for a range of reasons.
4.61%
5.67%
$495
$10 monthly ($120 p.a.)
95%
Enjoy a lower rate on you home loan for the first 12 months.
6.86%
7.05%
$995
$10 monthly ($120 p.a.)
80%
Buy your home even if you're self employed.
5.54%
6.67%
$995
$10 monthly ($120 p.a.)
80%
Secure a fixed rate for three years with this low doc home loan.
5.90%
6.95%
$995
$10 monthly ($120 p.a.)
80%
A flexible low doc home loan.
4.39%
5.26%
$0
$395 p.a.
95%
A fixed package home loan with package benefits.
5.84%
6.85%
$995
$10 monthly ($120 p.a.)
80%
A two year fixed rate low doc home loan with flexible features.
5.84%
6.60%
$995
$10 monthly ($120 p.a.)
80%
Lock in a rate for five years.
4.19%
5.33%
$0
$395 p.a.
95%
A two year fixed rate with rate and fee discounts.
5.84%
6.68%
$995
$10 monthly ($120 p.a.)
80%
A low doc loan with a fixed rate.
8.14%
$995
$10 monthly ($120 p.a.)
80%
Access your home equity with this low doc home loan.
5.11%
5.51%
$0
$395 p.a.
95%
Take advantage of rate discounts as part of this package discount.
5.99%
$0
$395 p.a.
90%
Enjoy a lower rate when accessing your home equity.
4.76%
5.16%
$0
$395 p.a.
95%
A variable rate package loan with rate and fee discounts.
5.20%
$0
$10 monthly ($120 p.a.)
80%
4.71%
5.11%
$0
$395 p.a.
95%
Earn a large package discount for borrowing over $1 million.
4.09%
5.41%
$0
$395 p.a.
95%
Lock in a discounted fixed rate for one year.
5.94%
$0
$395 p.a.
90%
A line of credit facility with package discounts.
4.49%
5.25%
$0
$395 p.a.
95%
Lock in a rate for five years and enjoy package discounts.

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Rates last updated October 20th, 2017
$
Loan purpose
Offset account
Loan 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
3.85%
4.97%
$300
$10 p.a.
95%
3.99%
4.91%
$300
$10 monthly ($120 p.a.)
80%
Special offer for new lending between $150k-$500k & under 80% LVR.
4.09%
4.25%
$300
$10 monthly ($120 p.a.)
80%
Get a competitive investment home loan rate without expensive features you may not need.
4.39%
5.83%
$300
$10 monthly ($120 p.a.)
80%
A competitive 3 year fixed rate for investors.
5.28%
5.67%
$0
$395 p.a.
95%
Purchase an investment property and enjoy package discounts on rates and fees.
4.66%
5.27%
$0
$395 p.a.
80%
5.33%
5.72%
$0
$395 p.a.
95%
Enjoy package rate discounts when you buy an investment property.
5.68%
6.07%
$0
$395 p.a.
95%
A package loan with rate discounts.
6.18%
6.34%
$495
$10 monthly ($120 p.a.)
90%
Purchase an investment property with this flexible home loan.
4.39%
5.71%
$0
$395 p.a.
95%
8.53%
$995
$10 monthly ($120 p.a.)
80%
A line of credit for investment purposes for the self employed.
7.43%
7.62%
$995
$10 monthly ($120 p.a.)
80%
An investment home loan for low doc borrowers.
5.64%
$0
$10 monthly ($120 p.a.)
80%
6.73%
$0
$395 p.a.
90%
Access your equity for investment purposes.
6.38%
$0
$395 p.a.
90%
A line of credit with a competitive interest rate.
4.39%
5.82%
$0
$395 p.a.
95%
4.39%
5.98%
$300
$10 monthly ($120 p.a.)
80%
6.33%
$0
$395 p.a.
90%
An investment line of credit facility with rate discounts.
5.54%
7.07%
$995
$10 monthly ($120 p.a.)
80%
5.84%
7.30%
$995
$10 monthly ($120 p.a.)
80%
5.90%
7.46%
$995
$10 monthly ($120 p.a.)
80%

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Types of home loans available from Bank of Queensland

Bank of Queensland offers an array of home loans that may be suitable to your needs.

    • Clear Path Variable Rate Home Loan. This variable rate home loan offers a competitive interest rate and has free redraw facilities, a 100% offset account as well as a split loan facility. There's no application fee, and the loan offers a loan-to-value ratio (LVR) of up to 95%.

The Clear Path Variable Rate Home Loan

  • Standard Variable Home Loan. A traditional home loan that also has many features, including a 100% offset account and flexible repayment and redraw options. The loan offers an LVR of up to 95%, and an interest-only period.
  • Economy Home Loan. This no frills, low-cost home loan can save on the costs of features you may not need. The interest rate for this loan will always be lower than BOQ’s standard variable rate, and the loan has a maximum LVR of 95%.
  • Line of Credit Facility. Suitable for the active investor, BOQ’s Line of Credit Facility allows you to redraw on your available credit as often as you like with an instant line of credit of $25,000 or more. You can expand your share portfolio or use this loan to make home renovations, adding value to your existing property. This loan has a 90% LVR which means you will need at least 10% of equity in your property to get started.
  • Home Loan Privileges package. Combine all your financial products with BOQ and you could be eligible for this package. You’ll be rewarded with benefits and savings for the full term of your home loan. Eligible loans include the Standard Variable Home Loan, the Fixed Rate Home Loan and the line of credit facility. The package is available for individual and joint borrowers, as well as trusts and companies. You can also benefit from discounts across a range of BOQ products.
  • Low Doc Home Loan. If you’re self-employed with an income as well as assets, then BOQ has options. You don’t have to supply standard income verification documents and if you are applying for a standard variable rate, Line of Credit or Fixed Rate home loan, you could be eligible. If you choose the low doc option, you’ll only be allowed to borrow up to 80% LVR with BOQ.
  • First-Start Home Loan. This home loan is suitable for first home buyers. It offers a discount off the standard variable rate for the first year so you can settle into your first home, as well as a higher 95% LVR which means you only need a 5% deposit. You can also save money on interest with a 100% offset account and the ability to make additional repayments.

About a Bank of Queensland Home Loans

How to apply for a BOQ home loan

If you think a BOQ home loan is suitable for you, please click in the applicable home loan in the table above. You’ll then be directed to the review of that particular home loan. After reading the review, if you still want to apply please click ‘enquire now’ and you’ll be safely redirected to the BOQ enquiry page where you can fill in your information and a BOQ consultant will get back to you. The form should only take about 5-10 minutes to complete and please have the following information ready.

  • Personal details
  • Some financial details
  • Type of loan required
  • Loan amount
  • The best time to contact you

If you have compared the options available to you, and want to enquire about one of these home loans, please click the 'Enquire' or 'Go to site' buttons to start the application process.

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This page was last modified on 12 October 2017 at 3:49pm.

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30 Responses

  1. Default Gravatar
    carlieMarch 26, 2017

    Hi i would like to know if you offer indigenous home loans?

    • Staff
      MayMarch 26, 2017Staff

      Hi Carlie,

      Thank you for your question and for contacting finder.com.au – we are a financial comparison website and general information service we are not mortgage specialists so can only offer general advice.

      If you want to know the lenders that offer Indigenous Home Loans, please refer to our guide on this page.

      Hope this helps.

      Cheers,
      May

  2. Default Gravatar
    JanaApril 6, 2016

    Hello,
    I would like to apply for vacant land loan.
    Could you please let me know if you offer such a loan and if yes how can I apply?
    Thanks

    • Staff
      BelindaApril 7, 2016Staff

      Hi Jana,

      Thanks for reaching out.

      finder.com.au is an online comparison service so we are not a lender and we don’t provide loans ourselves. However, you can learn more about vacant home loans on this page.

      Please keep in mind that these types of loan typically have a lower loan-to-value (LVR) ratio due to the conservative approach that lenders have for vacant land loans.

      If you’d like to discuss your eligibility for a vacant land home loan, please get in touch with a mortgage broker to discuss your options.

      All the best,
      Belinda

  3. Default Gravatar
    RachelMarch 1, 2016

    I am looking for a land loan. Could you point me in the direction with information.
    Thank you

    • Staff
      BelindaMarch 2, 2016Staff

      Hi Rachel,

      Thanks for getting in touch.

      You might be interested to read our page about vacant land home loans and you can compare a range of construction loans on this page.

      Keep in mind that lenders often take a conservative approach towards vacant land and construction home loans and they may offer a lower maximum LVR compared to traditional home loans. As a result, you may need to complete a larger deposit in order to be approved.

      All the best,
      Belinda

  4. Default Gravatar
    EDFebruary 7, 2016

    Hi,

    I’m looking for a suitable home loan as a first home buyer. Would a broker get a better deal if I use one or I can get the same deal if I do it myself direct to the bank?

    Regards

    • Staff
      MarcFebruary 8, 2016Staff

      Hi Ed,
      thanks for the question.

      Brokers can sometimes get access to special broker only rates, but on the flip side, some online lenders only deal with consumers, not brokers. It might be a good idea to compare rates and see what deals are available and then speak to a broker once you’re aware of the rates on offer. This way you can be sure you get the best deal for you.

      I hope this helps,
      Marc.

  5. Default Gravatar
    LeeJune 30, 2015

    hi
    could you kindly advise if i would be able to apply today for the 3.99% fixed for 3 years mortgage amount 399,000 house value 550,000
    Closest lender is Maquarie @4.1%

    • Staff
      JodieJune 30, 2015Staff

      Hi Lee,

      Thank you for your comment.

      You have reached finder.com.au which is a financial comparison website, please click on the “Go to site” button above in order to contact Bank of Queensland directly. But please note that their special offer on their 3 years fixed rate ends tonight, 30th June 2015, so if you would like to take advantage of the current interest rate you will need to apply today.

      Regards
      Jodie

  6. Default Gravatar
    TracyMay 26, 2015

    Hi!Im a casual employee, working 32 hrs a week currently renting and nearly finishing our lease.Is it possible for me to apply for home loan?I don’t have any savings but my husband have investments.He is not working,just me.Can we like do joint home loan?

    • Staff
      BelindaJune 1, 2015Staff

      Hi Tracy,

      Thanks for your enquiry.

      Many lenders offer home loans for casual workers, you can find a list of brokers on this page.

      Depending on the lender, it should be possible for you to carry out a joint application.

      Thanks,
      Belinda

  7. Default Gravatar
    CraigMay 2, 2015

    Hello our son 22 and daughter 21 would like to purchase a home on the Gold Coast for about $475000 we are going to help them pay out their credit cards and personal loans which are small amounts with Com bank, and give them a large deposit, I believe there is a clause on gifts from parents trying to help ?

    Kind regards

    Craig

    • Staff
      BelindaMay 5, 2015Staff

      Hi Craig,

      Thanks for your question.

      In some cases, lenders, such as Bank of Queensland (BOQ) accept non-refundable gifts to go towards a deposit. However, BOQ will treat each application on a case-by-case basis so you will need to get in touch with BOQ directly to discuss your children’s application.

      I hope you find this useful.

      Thanks,
      Belinda

  8. Default Gravatar
    ColinFebruary 16, 2015

    what are the new interest rates after the last interest rate drop?

    • Staff
      ShirleyFebruary 17, 2015Staff

      Hi Colin,

      Thanks for your question.

      Bank of Queensland have announced that they will pass a -0.25% cut of their SVR, effective from February 24, 2015. At the time of writing the SVR is 6.01% p.a.

      Cheers,
      Shirley

  9. Default Gravatar
    RetiredDecember 30, 2014

    Does the bank do a part purchase of a property?

    • Staff
      ShirleyDecember 30, 2014Staff

      Hi Retired,

      Thanks for your question.

      Yes Bank of Queensland can facilitate a part purchase of a property. Please get in touch with them directly to discuss what options are available to you.

      Cheers,
      Shirley

  10. Default Gravatar
    JulesOctober 28, 2014

    My mother aged 70yrs is moving to Australia from NZ. She will bring with her $300K for a new home but will be about $50k short. She is on NZ Superannuation and qualifies for the aged pension here (approx $870 fortnight). Would she qualify for a home loan for the shortfall or would her age prevent this?

    • Staff
      ShirleyOctober 29, 2014Staff

      Hi Jules,

      Thanks for your question.

      These types of applications are handled on a case by case basis, so it’s best to get in touch with BoQ directly to enquire about your mother’s eligibility. BoQ will look at your mother’s situation and assess her against their lending criteria.

      Cheers,
      Shirley

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