Commonwealth Bank home loans

You can contact Commonwealth Bank to manage your home loan and other banking services via:

• Customer service centre (phone)
• Mobile app
• Online banking (Netbank)
• Email
• Live Chat
• Large branch network Australia-wide
• Dedicated home loan specialists

When applying for a Commonwealth Bank home loan, some of the below documentation may be required:

• Identification
• Details of your current living expenses
• Details of your current living expenses
• Details of other savings, investments, credit cards or loans

The Commonwealth Bank is a home loan lender that offers home loans to suit almost every type of mortgage borrower in Australia, including:

• First home buyers
• Upgraders
• Investors
• Refinancers
• Renovators
• Self-employed (low-doc loans)
• SMSFs (superannuation home loans)
• Seniors (reverse mortgage)

Borrowers who take out Commonwealth Bank home loans can choose from a variety of interest rate options, including:

• Principal and interest home loans
• Interest-only home loans
• Variable interest rates
• Fixed interest rates
• Split loans

Some home loans also come with permanent interest rate discounts, or temporary introductory interest rate offers.

Mortgage borrowers may also be able to earn discounts by combining a Commonwealth Bank home loan with other CBA products, such as credit cards and insurance. Commonwealth Bank may not offer the lowest mortgage rates or the most flexible products, but it is well-known for its large branch network and strong brand.

Because CBA is so big and well-known, and because almost everyone knows somebody who is a CBA customer, many mortgage customers regard a Commonwealth Bank home loan as a relatively reliable option in a confusing mortgage market. 

Commonwealth Bank has a home loan product for almost every type of mortgage borrower out there. You can use CBA for ‘vanilla’ home loans, whether you’re an owner-occupier, an investor, a refinancer or an upgrader. You can also turn to CBA for more specialist home loans, such as low-doc loans, reverse mortgages and SMSF mortgages. You may even find Commonwealth Bank helpful if you’re looking to secure a guarantor home loan. And no matter where in Australia you live, there’s likely to be a CBA branch close by.

But although Commonwealth Bank is a relatively convenient option, it’s not always a cheap or inexpensive option, and you'll need to consider the cost of interest rates and fees. If you’re looking for a more cost-effective home loan, as opposed to one positioned by features, you may want to shop around.