Clock a better rate
Refinance your eligible home loan to get $2,000 cashback⁺.
Up to 95% LVR OO, P&I
Up to 95% LVR OO, P&I
Lock in financial certainty with our two year fixed rate home loan*, open to all Police, friends, family and the communities they serve. Get in touch to discuss your options and start refinancing with a fixed rate home loan* today.
Benefits
- Choose your repayment schedule – weekly, fortnightly or monthly
- Refinance your eligible home loan to get $2,000 cashback⁺
Costs
- No monthly account keeping fee
- No annual fee
- An establishment fee is applicable, and there are other fees associated when buying a home. This information can be found here.
Conditions
- LMI will apply for LVR of 80% and above }
- For Owner Occupiers, not investors
Why choose Police Bank
We serve all Australians
Police Bank is part of your community and 100% dedicated to serving the nation.
We’re all about you
We’ll do our best to support you. There are no external shareholders to influence the course of our activities.
We offer competitive rates
Profits are returned to Members in the form of better interest rates, products and services.
We’re award-winning
2024 – Exceptional Value Home Lender Mozo Experts Choice Award
Money Magazine Awards:
2021 – Customer Owned Bank Investment Lender of the Year
2020 – Investment Lender of the Year
2018 – Cheapest Personal Loan
Free Property Report
Access two free downloadable property reports for when you’re looking to buy, sell or want an overall property snapshot.
Get your free property report todayOur Home Loans
Two Year Fixed Rate Home Loan*
Our two year fixed rate home loan* option is available to all eligible homeowners nationwide. Refinance your eligible home loan to get $2,000 cashback⁺.
*Based on up to 95% LVR OO, P&I
Three Year Fixed Rate Home Loan*
We’re for serving all Australians with our three year fixed rate home loan*. Refinance your eligible home loan to get $2,000 cashback⁺.
*Based on up to 95% LVR OO, P&I
Get started now
Choose your home loan
Find the loan that best suits you, and tailor it to your needs. We’ve made the process quick and easy, it should only take 10-15 minutes.
Save your application
Once you’ve saved and sent your application, we’ll review it and ensure it is suitable, and fits within your budget.
Speak to our team
We’re here to help so call us on 131 728 or send us your query by clicking on the chat button on our website.
Contact us to discuss your options and consider switching to a fixed rate home loan.
Get startedWe’re available to chat!
Call us on 131 728
Available contact hours: Monday to Friday from 8:00am to 6:00pm
FAQs
We’re here to help. If you can’t find the answer you’re looking for, click on the contact button to speak to us.
Contact usYou’ll need to complete an online application for membership. When you apply to become a Police Bank Member, you don’t have to pay a membership fee. All we ask is that you agree to pay $10 to the person/s looking after our winding up — if Police Bank ever stops operating. To apply Click Here
The two year fixed rate home loan* is available to all eligible homeowners nationwide.
Interest rates are subject to change and we may vary the rate offered at any time without prior notice to you. To find out our home loan rates please Click Here.
The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
There is a Rate Lock in fee of $600.
No, Police Bank is open to everyone! If you’re interested in signing up to become a member you can apply here.
Serving your interests
Ready to apply for a two year fixed rate home loan*?
With two and three year fixed rate offers*, you can lock in your home loan interest rate*. Refinance your eligible home loan to get $2,000 cashback⁺.
Apply nowImportant Information
⁺Cashback Terms & Conditions, two and three year fixed rates
⁺To be eligible for the Police Bank cashback offer, applicants must be refinancing an existing Owner Occupied home loan of $300,000 or more from another financial institution (excluding Border Bank and Bank of Heritage Isle) with a salary credited directly to a Police Bank account. Only applicable for 2- or 3-year fixed rate home loans. The offer is only available to applicants who apply and are approved from 18/03/2024- 30/6/2024. Eligible loans must settle within 90 days of application.
The cashback is only available once to each individual or joint applicant(s). The cashback amount will be credited to either the primary transaction account for single borrowers or a joint account with the primary borrower within 60 days of settlement. The salary credit must be set up within 60 days from loan settlement. If multiple loans apply, all loans must be funded before the total cashback is assessed and paid. The total sum of all loans funded must exceed $ 300,000 . This offer is not available in conjunction with any other offer, bonus or discount. We reserve the right to withdraw this offer and/or alter the offer period at any time.
This offer is available to all fixed rate OO, P&I loans excluding loans guaranteed through the Housing Australia schemes.
* Terms, conditions, fees, charges, eligibility and lending criteria apply.
- There is a Rate Lock in fee of $600
- Interest rates are subject to change and we may vary the rate offered at any time without prior notice to you. To find out our home loan rates please click here.
- ^The comparison rate is based on a loan of $150,000 over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
- } Lenders Mortgage insurance (LMI) is applicable on all loans with an LVR of above 80%
- Early repayment costs may apply if you repay your loan or switch to another one before the end of your fixed term or make early or additional repayments. Once the fixed rate period ends, the loan reverts to a variable rate loan and repayment amounts will change.