HSBC Bank Australia

The world's local bank

You are here:

Home Loans

You are not logged on. Internet Banking Not logged on to Australian Personal Internet Banking

Frequently asked questions about HSBC home loans and refinance

Whether you're starting out or want to refinance a home loan, find fast answers here.

Frequently Asked Questions

Welcome to our home loan and refinance FAQs.

What types of home loan solutions are available at HSBC and how do I choose which one is right for me?
Which loan provides me with tools to pay it off sooner?
Which product provides a line of credit to unlock wealth in my existing home?
What is the 'no frills' home loan solution from HSBC?
Which home loan rewards me for staying with HSBC?
What can I do if I'm concerned about rate movements?
Which loan is suitable if I can't provide traditional evidence of income?
What if my income and assets are not based in Australian Dollars?
What if I've found a home I want to buy, but haven't yet sold my existing home?
What if I want to build my own home?
What solutions are available from HSBC if I want to purchase an investment property?
Which HSBC home loan offers interest only payments?
Which HSBC home loan offers redraw facilities?
Which HSBC home loan offers ATM, Eftpos, BPAY®, cheque and giroPost access?
Which home loans provide phone and internet banking access?
Can I split home loans?
Can I keep the same rate on my loan if I switch security properties?

What types of home loan solutions are available at HSBC and how do I choose which one is right for me?

HSBC offer a full range on home loans that can me tailored to meet your specific needs. You can even combine different options to suit your requirements. Take a look at our Home Loan Selector Tool or compare loans with our Product Comparison Table and find out which loan is right for you.

Which loan provides me with tools to pay it off sooner?

HSBC's Home Smart Loan allows you to utilise the Mortgage Elimination Principle which not only lets you pay your loan off sooner, you pay less interest. It enables you to build equity faster and gives you access to you equity to fund investments.

Which product provides a line of credit to unlock wealth in my existing home?

HSBC's Home Equity Loan is a continuous line of credit that operates just like a credit card or an overdraft, without the higher interest rates. It gives you the freedom to pay off your home faster and build your assets.

What is the 'no frills' home loan solution from HSBC?

HSBC's Home Value Loan is a basic home loan. If offers a simple and straight forward approach while offering great features that include:

Low ongoing variable interest rate
Make additional repayments without penalty
Ability to redraw funds
Flexibility to split the loan

Which home loan rewards me for staying with HSBC?

HSBC's Home Rewards Loan has a standard variable rate that actually reduces over time.

After one year your rate drops by 0.25% p.a.
After two years the rate drops a further 0.50% p.a.

Your rate will stay at 0.75% p.a. below the standard variable rate for the life of the loan.

What can I do if I’m concerned about rate movements?

Feel more comfortable knowing exactly what your repayments are with HSBC's Fixed Rate Loan. A fixed rate will protect you against the rising of interest rates as well as providing you with great features that include:

Choice of one to five year terms
Interest only repayment options
At term end revert to standard variable rate

Which loan is suitable if I can’t provide traditional evidence of income?

If you're a small business owner or self-employed, HSBC's Low Doc Loan is the solution to your financing needs. We don't need the traditional forms of income evidence - all you need is a regular income and assets and you can take advantage of these options:

Choice of three to five year terms
Option of variable or fixed rate
Choice of principal and interest, or interest only payments

What if my income and assets are not based in Australian Dollars?

If you're an investor and have income and assets in HKD and USD, HSBC's Market Linked Loan lets you match your repayments to your income. Take advantage of numerous benefits including the exclusion of expensive currency conversions.

What if I've found a home I want to buy, but haven't yet sold my existing home?

HSBC's Bridging Loan allows you to purchase a new property before you sell your current home with interest only repayments. When you sell your current property, you simply pay out your Bridging Loan and continue with your new loan.

What if I want to build my own home?

If you're building your own home, you need a loan that's tailored to your specific needs. HSBC's Construction Loan releases your funds as the construction of you home progresses. When construction is complete you will automatically covert to HSBC's Standard Variable Rate Loan.

What solutions are available from HSBC if I want to purchase an investment property?

All HSBC home loans can be suitable for investment purposes. Find the loan that's right for you with HSBC's Home Loan Selector Tool or compare loans with our Product Comparison Table.

Which HSBC home loan offers interest only payments?

All of HSBC's home loan products offer interest only payments for a maximum of three years.

Which HSBC home loan offers redraw facilities?

With the exception of HSBC's Fixed Rate Loan, all HSBC loans allow you to access additional funds that you have payed into your home loan that are above the contractual minimum amount.

Which HSBC home loan offers ATM, Eftpos, BPAY®, cheque and giroPost access?

Transactional access is available with HSBC's Home Smart Loan and HSBC's Home Equity Line of Credit. You can redraw your funds from any bank with an ATM card that provides you with easy accessibility.

Which home loans provide phone and internet banking access?

All HSBC home loans provide access to internet and phone banking. Find out what your balance is and view your home loan account online.

Can I split home loans?

HSBC's home loans have a split feature built into them, so you can tailor your loan to your suit your needs. Choose the option that's right for you and split up to four ways on a loan.