BMC Mortgage Home Loans

Rates and Fees verified correct on October 26th, 2016

Compare BMC Mortgage Home Loan offers

Established in 1979, BMC Mortgage offers a range of home loans to suit an extensive variety of individual and commercial needs. This customer-focused business aims to provide fast approvals and friendly advice to its customers.

Important information

BMC Mortgage Corporation no longer offer new home loans. Existing customers can still contact Origin MMS or AISA to discuss their current loans.

  • Origin MMS: 1300 767 023
  • AISA: (02) 9215 4100

Who is BMC Mortgage?

BMC Mortgage Corporation aims to provide competitive rates and a range of mortgage products tailored to the individual needs of its customers. Many loans offered are designed by BMC to take the hassle out of borrowing and help you pay off your loan sooner.

Some of the features included in BMC loans include redraw facilities, split loans, principal reductions, salary deductions and 24-hour online access. Flexible loan terms are available, while flexible repayment options let you pay off your loan at a pace that suits your budget.

Home loans offered by BMC Mortgage

Homeowners and Investment home loans

These loans are available for the purchase and refinancing of residential real estate. It has a competitive variable interest rate and no annual or monthly fees, these basic options are suitable for those looking for a no-frills home loan.

Features include principal and interest or interest-only repayments, a redraw facility and loan split options. Salary crediting is available, while flexible repayment options means you can pay weekly, fortnightly or monthly.

Construction home loan

A BMC Construction home loan helps finance the building of your dream home. No monthly or annual fees apply to this loan, but a construction drawdown and progress payment inspection fees are included.

Redraw, loan split and principal reduction options are not available until the loan is fully drawn and there’s no fee for paying the loan off early.

Low Doc home loan

Available for owner-occupied or investment loans, the Low Doc home loan is suitable for self-employed borrowers. With no annual or monthly fees, this loan allows you to make repayments on a weekly, fortnightly or monthly basis.

A redraw option and salary crediting are available, while principal reductions are permitted at any time without penalty. Principal and interest and interest-only repayment options are offered.

Line of Credit home loan

BMC Line of Credit loans are available for any purpose and attract no monthly or annual fees. Minimum repayments of interest are made monthly, while direct salary crediting is also available. Other loan features include a redraw facility and the option to make principal reductions at any time without penalty.

Other offerings

BMC also offers Fixed Rate Loans, No Doc Loans and Commercial Loans.

About how to compare home loans

Pros and cons of BMC Mortgage home loans


  • Competitive fees. Many of the loan products offered by BMC Mortgage do not attract any monthly or annual fees, which is a big plus in anyone’s language./li>
  • Flexible repayment options. Many loans offer weekly, fortnightly and monthly repayment options to suit your budget, and some even let you repay your loan early without incurring any penalty.
  • Choice of loans. BMC offers several loan products, so you may be able to find what you’re looking for with one of its loans.


  • Lack of branches. BMC has a head office in Sydney but no branches anywhere else in Australia. If you like one-on-one person-to-person contact, then you may want to consider another lender.

How to apply for a BMC Mortgage home loan

If you’d like to apply for a BMC Mortgage home loan, please consult a mortgage broker.

Documents needed to apply for a BMC Mortgage home loan

Personal information

You’ll need to supply a range of personal details, including:

  • 100 points of identification, including photo ID such as a driver’s licence or passport
  • Proof of your current address
  • Your employer’s name and how long you have been working with your current employer

Property information

BMC Mortgage will want you to provide documentation regarding the property you are purchasing, including copies of the:

  • Contract of sale
  • Certificate of title
  • Transfer of land

Financial information

You will need to provide financial information so the lender can determine your ability to make repayments and how much you can borrow. The information you’ll have to provide includes:

  • Details of your income. Depending on your situation, this could be in the form of payslips, tax returns, bank statements or your contract of employment.
  • Details of your assets, including real estate, vehicles, savings and shares.
  • Details of any liabilities you may have, such as credit card debt and other loans, as well as information about your recurring expenses.

Before deciding whether one of BMC Mortgage’s home loans is right for you, compare its products with other loans on the market and speak to an expert to get tailored advice.

Was this content helpful to you? No  Yes

Related Posts

This page was last modified on 13 September 2016 at 11:55.

HSBC Home Value Loan - Resident Owner Occupier only

Enjoy the low variable rate with $0 ongoing fee and borrow up to 90% LVR.

ME Bank Basic Home Loan - LVR <=80% Owner Occupier

A low variable rate loan with no application or ongoing fees.

CUA Fresh Start Basic Variable Home Loan - Owner Occupier

A basic mortgage available only to customers who switch their everyday banking to CUA.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question