Australian Home Loan Lenders

Macquarie has been the headline aggressive variable-rate competitor since 2022 and routinely undercuts the Big 4.

Non-bank lender with a refinance-first model; rates automatically reduce as the loan amortises.

Branch-light digital bank that has consistently priced near the front of the variable-rate market.

NAB-owned digital lender; Home Loan combines competitive variable rates with NAB-grade backing.

CBA-incubated digital refinance lender with auto-decreasing LVR margin.

South Australian fintech with instant assessment workflows; backed by Bendigo Bank.

Customer-owned ethical bank; refuses to lend to fossil-fuel projects.

Bendigo-backed app-only neobank; Home Loan product launched in beta during 2023.

Community-owned regional bank; Express Home Loan has been priced sharply through 2026.

Queensland's largest customer-owned bank, merged with People's Choice in 2023 to form People First Bank.

Member-owned bank originally for NSW Police; open to anyone since 2019.

ANZ's Simplicity PLUS Variable has been competitively priced through 2026 for new-to-bank refinancers.

Westpac-owned VIC retail brand; Advantage Package mirrors St George.

Westpac-owned SA retail brand with the longest banking history in South Australia.

WA's home-state retail bank, now CBA-owned. Strong product line for first home buyers in WA.

Australia's largest home loan lender by book; comprehensive product range, branch network in every state.

Hunter Valley customer-owned bank (merged with Newcastle Permanent via NGM Group).

Global bank with a strong Premier-tier mortgage offering for high-income/expat borrowers.

NAB has a particularly strong commercial and investor home-loan presence; Choice Package bundles its offset with credit cards.

NSW Hunter-region credit union with a strong Newcastle/Central Coast presence.

Specialist non-bank serving borrowers who fall outside the prime-bank credit boxes.

Westpac-owned brand with a distinct retail identity; popular in NSW.

Customer-owned bank serving the education sector; now part of TMBL umbrella.

Illawarra-based customer-owned bank with a long history in the Wollongong region.

Member-focused bank, now part of BOQ Group; competitive on basic variable.

QLD-based, now part of ANZ Group following the 2024 acquisition. Strong QLD/NSW investor presence.

Oldest bank in Australia; Premier Advantage Package remains the headline owner-occupier offering.

Diversified non-bank; long history serving self-employed and non-conforming home buyers.

QLD motoring-club-backed bank, merging into Bendigo Group as at 2024.

Citi's Australian retail business was acquired by NAB in 2022; mortgages now run through NAB's retail channel.