ME home loans

Compare ME Bank home loans for November 2026

Hit the "Load more" button to compare a bigger selection of products and hit the green button to go to ME Bank's website to start an enquiry or learn more about the loan.

ME scored in the Finder Awards

The ME Flexible Home Loan Fixed with Members Package - 1 Year Fixed Rate LVR <= 80% (Owner Occupier, P&I) was highly commended for Best Owner Occupier 1 year Fixed Home Loan in the 2026 Finder Awards.

Full list of 2026 winners

ME Bank home loan features

Here are the key features and details you need to know about ME's mortgage products.

Feature	Details
Minimum deposit	Most ME Bank loans have 80% maximum LVRs. This means you can borrow up to 80% with an ME Bank mortgage. But it does have a couple of options for borrowers with low deposits (that is, deposits below 20%).
Offset account	You can get an offset account on ME's package loans.
Repayment options	ME Bank's home loans allow you to make interest only repayments or principal and interest repayments.
Split rate	Most ME Bank mortgages allow you to split your loan into fixed and variable portions.

How do I apply for a mortgage from ME?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

The following information is general in nature and applies to most home loans. There may be specific criteria that apply for this lender.

• 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 ME 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 (savings accounts, investments) and liabilities (your outstanding debt).

Looking for more mortgage options?

• Big Four banks. Check out interest rates from Australia's Big Four banks.
• Best home loans. Finder's top loan picks every month.
• Cheapest rates. Compare the lowest home loan rates on the market.
• Investors. Compare more loans for property investors.
• Mortgage brokers. Still confused? Get free, expert guidance from a qualified mortgage broker.

Lenders like ME Bank

If you want to compare loans from lenders similar to ME Bank, then you can start with these online lenders. They all have competitive rates and may be a better match for your needs:

• Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
• Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by Bendigo and Adelaide Bank.
• Homestar. A 100% online lender, Homestar has been providing mortgages to Australian borrowers since 2004.
• loans.com.au. A Brisbane-based online lender, loans.com.au is backed by Firstmac, Australia's largest non-bank lender.
• ING. This online bank is part of the global, Dutch-based financial group of the same name.
• UBank. This online bank is actually owned by NAB.

More home loan questions

• How do I compare ME Bank home loans?

  To make sure you find the right ME Bank loan, you need a clear idea of what you're looking for in a mortgage. These simple questions can help:

  • Are you comfortable applying online? As ME Bank is an online lender, you need to be comfortable completing the entire home loan process via the web (with phone and chat support).
  • What do you need the loan for? If you're buying a home to live in, you need an owner-occupier loan. Property investors need an investment loan rate. ME Bank has both.
  • Fixed or variable? Do you want the flexibility of a variable rate loan that could rise or fall at any time? Or are you happy to lock in a fixed rate for a certain period, so you can forget about rate changes altogether?
  • What features do you need? If you want a 100% offset account with your home loan, make sure the ME Bank loan you're interested in has this feature before you apply.

• What is home loan pre-approval?

  Home loan pre-approval is an optional step in the application process that some lenders offer. Pre-approval means a lender has examined your savings, income and spending habits, and has a rough idea of how much it could lend you. It's not the same as full loan approval and it's no guarantee that the lender will ultimately approve a full application. But it does allow borrowers to start looking for a home with more confidence and a clearer idea of their borrowing power.

  Pre-approval is not something every lender offers, but many do.

• Are there any risks going with a smaller lender?

  Most Australian borrowers bank with one of the Big Four (CommBank, ANZ, Westpac and NAB). You might have some concerns about getting a loan from a smaller lender, but there's no reason to worry.

  In Australia, banks and lenders are regulated by the Australian Prudential Regulation Authority (APRA) or the Australian Securities and Investments Commission (ASIC) and must comply with the National Consumer Credit Protection Act.

• Should I go with a fixed or variable rate?

  Deciding between a fixed or variable rate depends on what you want from the loan. A variable rate loan can change at any time, either up or down. A variable rate usually offers more flexibility in how fast you can repay the loan and the cost of refinancing.

  A fixed rate loan offers total certainty about your rate for the fixed period. This means it won't rise, costing you more. But if your lender starts lowering rates you won't benefit either. Refinancing a fixed rate loan means breaking the loan because you've agreed to a specific rate. This means you may have to pay a fixed rate break fee.

• Do I need a mortgage broker?

  Mortgage brokers are home loan professionals who can help you find a suitable loan. A broker typically charges you no fee because they receive a commission from your lender. Brokers are great if you are short on time or find the whole process of researching and applying for a home loan confusing. But you can definitely do it yourself and find a good loan. You may even find a better deal. That's because brokers don't compare loans from every lender in the market. They have access to a panel of loans and often don't have smaller online lenders in their panel.

Compare other products from ME Bank

• ME Bank savings accounts
• ME Bank term deposits

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 breakdown