Bank of Melbourne
Bank of Melbourne Relocation Loan without end interestonly 80.01 to 95 PERCENT owneroccupied
| Rate | 9.43% |
| APR | 9.25% |
| Currency | AUD |
The Relocation Loan is our competitive standard variable interest rate loan which remove the stress of timing the purchase or construction of your new home
FRAUD_PROTECTION : The product includes fraud protection features.
RELATIONSHIP_MANAGEMENT : Relationship management is available for eligible customers.
OTHER : A relocation loan (also known as a bridging loan) is a short term, 12-month loan that helps you buy a second property while giving you time to sell your first one (even if you still have a mortgage on it). Found your dream home but need to sell your old one for the funds? This loan helps bridge the gap between buying a new home and finalising the sale of your current one., Avoid the rent drain - If you time it well, you could avoid the costs of having to rent a home in the period between the sale of your current property and settlement of your new home., Building Loan Feature: A specialised lending option that is available on selected loan products. Allows the customer to progressively draw down what is needed to cover the build of their residential property over the construction period., Buy now, sell later- Snap up that dream property when you find it. Then take time to sell your current one later to help get the price you want. A relocation loan could help you to make timely offers at inspections and auctions!, Cover stamp duty & fees - You can even add upfront costs such as stamp duty and legal fees in your relocation loan if the value and equity in your current home is enough. It helps ease expenses., No repayments during the bridging period. The interest charges are capitalised over the term of the loan., Relocation Loan - Ready to buy your new home but haven't sold your old one yet? Our relocation loan could let you buy now and sell later and make your move smoother., Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request
Loan Purpose: OWNER_OCCUPIED
Tier: LVR above 80%
Lending Establishment Fee UPFRONT : 600.00
LVR above 80% INTEREST_ONLY
VARIABLEDT Modified:2025-04-16
FRAUD_PROTECTION : The product includes fraud protection features.
RELATIONSHIP_MANAGEMENT : Relationship management is available for eligible customers.
OTHER : A relocation loan (also known as a bridging loan) is a short term, 12-month loan that helps you buy a second property while giving you time to sell your first one (even if you still have a mortgage on it). Found your dream home but need to sell your old one for the funds? This loan helps bridge the gap between buying a new home and finalising the sale of your current one., Avoid the rent drain - If you time it well, you could avoid the costs of having to rent a home in the period between the sale of your current property and settlement of your new home., Building Loan Feature: A specialised lending option that is available on selected loan products. Allows the customer to progressively draw down what is needed to cover the build of their residential property over the construction period., Buy now, sell later- Snap up that dream property when you find it. Then take time to sell your current one later to help get the price you want. A relocation loan could help you to make timely offers at inspections and auctions!, Cover stamp duty & fees - You can even add upfront costs such as stamp duty and legal fees in your relocation loan if the value and equity in your current home is enough. It helps ease expenses., No repayments during the bridging period. The interest charges are capitalised over the term of the loan., Relocation Loan - Ready to buy your new home but haven't sold your old one yet? Our relocation loan could let you buy now and sell later and make your move smoother., Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request
Loan Purpose: OWNER_OCCUPIED
Tier: LVR above 80%
Lending Establishment Fee UPFRONT : 600.00
LVR above 80% INTEREST_ONLY
VARIABLEDT Modified:2025-04-16
The rate of 9.43% is 9.43% higher than the average 0%. Also it is -9.43 % lower than the highest rate Updated May, 2025
The Relocation Loan is our competitive standard variable interest rate loan which remove the stress of timing the purchase or construction of your new home
FRAUD_PROTECTION : The product includes fraud protection features.
RELATIONSHIP_MANAGEMENT : Relationship management is available for eligible customers.
OTHER : A relocation loan (also known as a bridging loan) is a short term, 12-month loan that helps you buy a second property while giving you time to sell your first one (even if you still have a mortgage on it). Found your dream home but need to sell your old one for the funds? This loan helps bridge the gap between buying a new home and finalising the sale of your current one., Avoid the rent drain - If you time it well, you could avoid the costs of having to rent a home in the period between the sale of your current property and settlement of your new home., Building Loan Feature: A specialised lending option that is available on selected loan products. Allows the customer to progressively draw down what is needed to cover the build of their residential property over the construction period., Buy now, sell later- Snap up that dream property when you find it. Then take time to sell your current one later to help get the price you want. A relocation loan could help you to make timely offers at inspections and auctions!, Cover stamp duty & fees - You can even add upfront costs such as stamp duty and legal fees in your relocation loan if the value and equity in your current home is enough. It helps ease expenses., No repayments during the bridging period. The interest charges are capitalised over the term of the loan., Relocation Loan - Ready to buy your new home but haven't sold your old one yet? Our relocation loan could let you buy now and sell later and make your move smoother., Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request
Loan Purpose: OWNER_OCCUPIED
Tier: LVR above 80%
Lending Establishment Fee UPFRONT : 600.00
LVR above 80% INTEREST_ONLY
VARIABLEDT Modified:2025-04-16
FRAUD_PROTECTION : The product includes fraud protection features.
RELATIONSHIP_MANAGEMENT : Relationship management is available for eligible customers.
OTHER : A relocation loan (also known as a bridging loan) is a short term, 12-month loan that helps you buy a second property while giving you time to sell your first one (even if you still have a mortgage on it). Found your dream home but need to sell your old one for the funds? This loan helps bridge the gap between buying a new home and finalising the sale of your current one., Avoid the rent drain - If you time it well, you could avoid the costs of having to rent a home in the period between the sale of your current property and settlement of your new home., Building Loan Feature: A specialised lending option that is available on selected loan products. Allows the customer to progressively draw down what is needed to cover the build of their residential property over the construction period., Buy now, sell later- Snap up that dream property when you find it. Then take time to sell your current one later to help get the price you want. A relocation loan could help you to make timely offers at inspections and auctions!, Cover stamp duty & fees - You can even add upfront costs such as stamp duty and legal fees in your relocation loan if the value and equity in your current home is enough. It helps ease expenses., No repayments during the bridging period. The interest charges are capitalised over the term of the loan., Relocation Loan - Ready to buy your new home but haven't sold your old one yet? Our relocation loan could let you buy now and sell later and make your move smoother., Statements of account : We will send you a statement of your loan account at least every six months or more frequently if you request
Loan Purpose: OWNER_OCCUPIED
Tier: LVR above 80%
Lending Establishment Fee UPFRONT : 600.00
LVR above 80% INTEREST_ONLY
VARIABLEDT Modified:2025-04-16
The rate of 9.43% is 9.43% higher than the average 0%. Also it is -9.43 % lower than the highest rate Updated May, 2025
Rate
9.43%
APR
9.25%
Currency
AUD