Industry-leading 2-day approval turnaround. Competitive rates with excellent offset. A broker favourite for speed and flexibility.
Variable Rate from
5.75%
Fixed Rate from
5.84%
Comparison Rate
5.79%
Macquarie Bank is Australia's fifth-largest bank and a global financial services powerhouse. While best known for investment banking and asset management, Macquarie has built an impressive retail banking division with a strong focus on home loans delivered through the broker channel.
What sets Macquarie apart is speed. Their industry-leading turnaround time of approximately 2 business days for standard applications makes them the go-to lender when time is of the essence - think auction purchases, tight settlement deadlines, or simply not wanting to wait weeks for an answer. They combine this speed with competitive rates, excellent offset accounts, and a flexible approach to self-employed income that rivals non-bank lenders.
Need approval fast? Macquarie's ~2-day turnaround is unmatched. Perfect for auction purchases where you need certainty quickly, or tight settlement timelines.
Macquarie has a more flexible approach to self-employed income than most banks. They can assess on 1 year's tax returns and are understanding of business structures.
Macquarie offers up to 10 offset sub-accounts linked to your home loan. Perfect for budgeting (one for bills, one for savings, one for holidays) while every dollar offsets your interest.
Strong investor loan policies with competitive rates. Interest-only options available. Good for portfolio investors building across multiple properties.
A stripped-back variable loan with a sharp rate and redraw. No offset account but very competitive pricing.
Rate: 5.75% p.a. (owner-occupied, P&I, LVR <80%)
Full-featured variable loan with 100% offset (up to 10 sub-accounts), unlimited extra repayments, and free redraw. The most popular choice.
Rate: 5.85% p.a. (owner-occupied, P&I, LVR <80%)
Lock in your rate for 1 to 5 years. No offset during the fixed period. Competitive fixed rates with Macquarie's fast approval speed.
Rate: 5.84% p.a. (2-year fixed, owner-occupied, P&I)
Variable and fixed options for investors. Interest-only available for up to 5 years. Same fast turnaround as owner-occupied loans.
Rate: 6.09% p.a. (investment, variable, P&I)
Industry-leading turnaround. Standard applications assessed within approximately 2 business days. Unmatched speed for a bank.
Link up to 10 offset accounts to your home loan. Organise your money by purpose while every dollar offsets your interest.
More flexible than most banks on self-employed income. Can assess on 1 year's financials in some cases. Strong for contractors too.
Doctors, lawyers, accountants, and other professionals can access LMI waivers up to 90% LVR. Save thousands on mortgage insurance.
Macquarie is broker-only - you need a broker like us to apply. We'll compare them against 31 other lenders too.
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