Adelaide Bank offers a range of home loans with features tailored to meet the borrowing needs of different homeowners, including first-time buyers, refinancers, owner-occupiers, and investors. 

Here’s everything you need to know about the mortgage products of Adelaide Bank.


Available via Adelaide Bank?

Owner-occupier home loans

Investor home loans

Fixed rate home loans

Variable rate home loans


Interest-only home loans

Low doc home loans

Green home loans

Construction loans

95% LVR home loans

Bridging loans

Reverse mortgages

Home loans with offset accounts

Home loans with redraws

Cashback offers

Fully digital home loans

What are the home loans available at Adelaide Bank?

SmartFit: A fully featured variable mortgage

Adelaide’s flexible variable rate home loan comes with a 100% offset account and free online redraws. Customers have the option to choose between principal and interest (P&I) and interest-only (IO) payment basis and make additional repayments without penalty, making this product suitable for those who aim to pay off their mortgages early. 

SmartFit is designed for purchasing or refinancing an owner-occupied or an investment property. It also provides bridging financing and construction loans. Borrowers can get a loan from $10,000 up to 95% of the property’s value. However, anything exceeding 80% loan-to-value ratio (LVR) requires lenders mortgage insurance (LMI)

SmartFix: A flexible fixed home loan

This mortgage product offers the security of fixed repayments and the flexibility of an offset account. While repayments won’t change over the fixed period (1-5 years), borrowers can make extra repayments up to $20,000 per year without penalty. SmartFix also comes with free online redraw, P&I or IO payment options, and a split loan feature. 

Owner-occupiers can borrow up to 95% of the property’s value and investors can take out up to 90% LVR, both subject to LMI approval. 

SmartSaver: Just the basics

Customers looking for a no-frills home loan with no monthly fees are offered this product. SmartSaver is available in either variable or fixed rates, both of which come with a redraw facility and additional repayments sans fee – unlimited for variable home loans, up to $20,000/year for fixed. 

Loan amounts start at $10,000, and borrowers can take out a loan with just a 5% deposit or up to 95% LVR. Do note however that loans exceeding 80% LVR will be subject to LMI approval. Principal and interest and interest-only repayments are both available. 

What are the fees charged to customers?

Save for the monthly administration fee that doesn’t apply to its basic mortgage product, SmartSaver, home loan fees charged by Adelaide Bank are generally standardised. The same amount of application and settlement fees apply, although additional charges are payable if the borrower has more than one security.


Fee each

Application fee


Settlement fee


Monthly administration fee


Nil for SmartSaver (fixed and variable)

Bridging finance application fee


Construction loan application fee


These are correct at the time of writing and are subject to change.

Who can apply for a home loan at Adelaide Bank?

Australian citizens or permanent residents aged 18 and over and earning a regular income are eligible for Adelaide Bank home loans. Self-employed individuals may also apply, but they must be earning from their trade for more than 12 months – less than that may disqualify them.

The bank requires would-be borrowers to provide the following details:

  • Proof of identification

  • Proof of income

  • List of assets (including estimated values)

  • List of liabilities (including credit limits)

  • Loan amount

  • Deposit amount

  • Approximate value of any property offered as security (if available)

  • Equity in existing home (if available)

Customers can apply through the bank’s website, via its network of approved mortgage brokers, or at a Bendigo and Adelaide Bank branch. The bank highly encourages customers to arrange a consultation with a broker who can help facilitate the application process, ensure all documents are correct, and advise on the best product suitable to their needs to improve their chances of loan approval