Macquarie Bank home loans

Compare Macquarie Bank home loans for October 2026

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Congratulations, Macquarie Bank!

Macquarie Bank was a big winner in the 2026 Finder Awards.

• Winner, Best Large Bank Home Lender: Macquarie Bank
• Highly Commended, Best Owner Occupier 1 year Fixed Home Loan: Macquarie Bank Offset Home Loan Package Fixed Loan - 1 Year Fixed Rate LVR ² 70% (Owner Occupier, P&I)
• Highly Commended, Best Owner Occupier 1 year Fixed Home Loan: Macquarie Bank Basic Fixed Home Loan - 1 Year Fixed Rate LVR ² 70% (Owner Occupier, P&I)
• Highly Commended, Best Large Bank Refinance Variable Home Loan: Macquarie Bank Offset Home Loan Package - LVR ² 60% (Owner Occupier, P&I)
• Highly Commended, Best Large Bank Refinance Variable Home Loan: Macquarie Bank Offset Home Loan Package - LVR ² 70% (Owner Occupier, P&I)
• Highly Commended, Best Investor P&I 1 Year Fixed Home Loan: Macquarie Bank Offset Home Loan Package Fixed - 1 Year Fixed Rate LVR ² 70% (Investor, P&I)
• Highly Commended, Best Investor P&I 1 Year Fixed Home Loan: Macquarie Bank Basic Fixed Home Loan - 1 Year Fixed Rate LVR ² 70% (Investor, P&I)
• Highly Commended, Best Investor P&I 1 Year Fixed Home Loan: Macquarie Bank Offset Home Loan Package Fixed - 1 Year Fixed Rate LVR ² 80% (Investor, P&I)
• Highly Commended, Best Investor P&I 1 Year Fixed Home Loan: Macquarie Bank Basic Fixed Home Loan - 1 Year Fixed Rate LVR ² 80% (Investor, P&I)
• Highly Commended, Best Investor IO 1 Year Fixed Home Loan: Macquarie Bank Offset Home Loan Package Fixed Loan - 1 Year Fixed Rate LVR ² 70% (Investor, IO)
• Highly Commended, Best Investor IO 1 Year Fixed Home Loan: Macquarie Bank Basic Fixed Home Loan - 1 Year Fixed Rate LVR ² 70% (Investor, IO)
• Highly Commended, Best Investor IO 1 Year Fixed Home Loan: Macquarie Bank Offset Home Loan Package Fixed Loan - 1 Year Fixed Rate LVR ² 80% (Investor, IO)
• Highly Commended, Best Investor IO 1 Year Fixed Home Loan: Macquarie Bank Basic Fixed Home Loan - 1 Year Fixed Rate LVR² 80% (Investor, IO)
• Winner, Best Owner Occupier Fixed Home Lender: Macquarie Bank

Full list of 2026 home loans winners

Macquarie Bank home loan features

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

Feature	Details
Minimum deposit	While some Macquarie Bank loans have 90% maximum LVRs, meaning you can get them with 10% deposits, many don't. Some of the bank's lowest rates are for borrowers with 30% deposits or more.
Offset account?	Macquarie Bank package loans come with offset accounts, while the basic loans do not.
Fees	While Macquarie Bank's package loans come with a standard annual fee, most Macquarie Bank loans have very minimal fees.
Repayment options	Both Macquarie Bank's fixed and variable rate loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans.

How do I apply for a mortgage from Macquarie Bank?

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 Macquarie 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 (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 Macquarie Bank

If you're looking for a home loan from a similar lender to Macquarie Bank, 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.
• AMP. AMP is a large Australian lender and financial services provider.
• 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.

More home loan questions

• How do I compare Macquarie Bank home loans?

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

  • What's your deposit size? Many of Macquarie Bank's most competitive rates are only available to borrowers with deposits larger than 20%. This is important to consider if you haven't saved a large deposit.
  • What is the purpose of the loan? If you're buying a home to live in, you need an owner-occupier loan. Property investors need an investment loan rate. Macquarie Bank offers various options for both borrower types.
  • 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 at all?
  • What features do you need? You need to decide whether you need features like a 100% offset account, the ability to make extra repayments and the option to split your rate.

• 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.

• Are there any risks going with a smaller lender?

  Most Australian borrowers bank with one of the Big Four banks (Commbank, ANZ, Westpac and NAB). You might have some concerns about getting a loan from a smaller lender you've never heard of. But there's no reason to worry just because you've never heard of a lender before.

  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.

  Macquarie Bank is an authorised deposit-taking institution (ADI). This means customers with money deposited in a Macquarie Bank savings account benefit from the deposit guarantee scheme. This federal government scheme guarantees a customer's savings up to $250,000, even if the bank itself collapses.

• 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 Macquarie Bank

• Macquarie Bank credit cards
• Macquarie Bank savings accounts
• Macquarie Bank term deposits
• Macquarie Bank car loans
• Macquarie Bank business loans

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