Woolworths Team Bank home loan

If you’re in the Woolworths family you could benefit from exclusive rates starting at 6.34%.

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On this page you can find information about Woolworths Team Bank home loans.

Compare Woolworths Team Bank home loans for February 2025

Compare Woolworths Team Bank home loan products below and hit "load more" to see a fuller selection of loans.

Name Finder Score Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Woolworths Team Bank logo
Principal & Interest20% min. depositOwner-occupier
Woolworths Team Bank logo
Principal & Interest20% min. depositOwner-occupier
Product NameWoolworths Team Bank Plain and Simple Home Loan
Interest Rate TypeVariable
Repayment Type Principal & Interest
Interest Rate p.a.6.34%
Comp. Rate p.a.6.36%
Minimum Loan Amount
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan Facility
Fixed Interest Option
Loan Portable
Extra Repayments
Finder score
Interest Rate
6.34%
Comparison Rate
6.36%
Monthly Payment
Woolworths Team Bank logo
Principal & Interest20% min. depositInvestment
Woolworths Team Bank logo
Principal & Interest20% min. depositInvestment
Product NameWoolworths Team Bank Plain and Simple Home Loan
Interest Rate TypeVariable
Repayment Type Principal & Interest
Interest Rate p.a.6.59%
Comp. Rate p.a.6.61%
Minimum Loan Amount
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset AccountNo
Split Loan Facility
Fixed Interest Option
Loan Portable
Extra Repayments
Finder score
Interest Rate
6.59%
Comparison Rate
6.61%
Monthly Payment
Woolworths Team Bank logo
Principal & Interest20% min. depositOwner-occupier
Woolworths Team Bank logo
Principal & Interest20% min. depositOwner-occupier
Product NameWoolworths Team Bank Flexible Variable Home Loan
Interest Rate TypeVariable
Repayment Type Principal & Interest
Interest Rate p.a.6.59%
Comp. Rate p.a.6.61%
Minimum Loan Amount
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset Account
Split Loan Facility
Fixed Interest Option
Loan Portable
Extra Repayments
Finder score
Interest Rate
6.59%
Comparison Rate
6.61%
Monthly Payment
Woolworths Team Bank logo
Principal & Interest20% min. depositInvestment
Woolworths Team Bank logo
Principal & Interest20% min. depositInvestment
Product NameWoolworths Team Bank Flexible Variable Home Loan
Interest Rate TypeVariable
Repayment Type Principal & Interest
Interest Rate p.a.6.59%
Comp. Rate p.a.6.61%
Minimum Loan Amount
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset Account
Split Loan Facility
Fixed Interest Option
Loan Portable
Extra Repayments
Finder score
Interest Rate
6.59%
Comparison Rate
6.61%
Monthly Payment
Woolworths Team Bank logo
Principal & Interest20% min. depositOwner-occupier
Woolworths Team Bank logo
Principal & Interest20% min. depositOwner-occupier
Product NameWoolworths Team Bank Flexible Variable Home Loan
Interest Rate TypeVariable
Repayment Type Principal & Interest
Interest Rate p.a.6.94%
Comp. Rate p.a.6.96%
Minimum Loan Amount
Maximum Loan Amount N/A
Maximum Loan Term30 years
Maximum LVR 80%
Loan Redraw FacilityYes
Offset Account
Split Loan Facility
Fixed Interest Option
Loan Portable
Extra Repayments
Finder score
Interest Rate
6.94%
Comparison Rate
6.96%
Monthly Payment
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Woolworths Team Bank profile

  • Woolworths Team Bank is a banking service for Woolworths staff and their families, as well as anyone "with an affinity to Woolworths", like Everyday Rewards members.
  • It doesn't only offer home loans. The bank also offers other loans, as well as banking services and insurance.
  • It has home loans for owner occupiers and for investors.

Woolworths Team Bank home loan features

  • Loan period. You can borrow for up to 30 year loan terms.
  • No ongoing fees. There are no monthly or annual fees with its owner occupier home loans or its investor home loans.
  • Flexible repayments. Choose to repay weekly, fortnightly or monthly.
  • Free online redraw. You can make extra repayments and use the redraw facility for free to access that cash again.
  • 80% LVR. You can borrow up to 80% of the property value, which means you need at least a 20% deposit.

How to apply for a Woolworths Team Bank home loan?

You can apply for a Woolworths Team Bank home loan online. You can also download a PDF version of the application form, fill it out and send it directly to loans@woolworthsteambank.com.au.

You can also email or call to chat to the Woolworths Team Bank about applying for a home loan.

Eligibility

You should always double check eligibility before you apply. In general you will need to:

  • Age. Be over 18 years of age.
  • Residency. Be an Australian permanent resident or citizen.
  • Employment. You should have a regular source of income.

For a home loan with Woolworths Team Bank you will also need to be a Woolworths employee, an employee's family member or Everyday Rewards member.

Documents required

When you apply for a mortgage with Woolworths Team Bank 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:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application, you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, 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 (such as savings accounts and investments) and liabilities (for example, any outstanding debts you may have).

How to apply for a home loan

Lenders like Woolworths Team Bank

If you want to compare loans from lenders similar to Woolworths Team Bank, then you could look at the Big Four or some of Australia's other mid-sized lenders.

  • Big Four banks. Check out home loans from Australia's Big Four banks.
  • Macquarie. Macquarie is one of Australia's largest banks outside the Big Four.
  • Bank of Queensland. Another of Australia's larger lenders, with a wide selection of mortgages.
  • Suncorp Bank. This Queensland-based lender also provides insurance and superannuation services.
  • ING. This online bank is part of the global, Dutch-based financial group of the same name.

What is Finder Score?

The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.

To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.

Read the full Finder Score breakdown

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Written by

Senior Money Writer

Rebecca Pike is Finder’s senior money writer, with over 10 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise, A Current Affair, 9News, and Sky News, and contributes expert analysis to publications like Yahoo Finance and The Latch. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise
Rebecca has written 207 Finder guides across topics including:
  • Home loans
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