Rating based on 26 reviews

Blue Bay Home Loans

  • Home loans up to $750,000
  • Low-interest up to 5.5%
  • Repayment up to 30 years

In-page navigation

Blue Bay homepage
Author Blue Bay. Screenshot of Blue Bay website.
[Accessed May 3, 2023]

Blue Bay Home Loans - An independent home loan provider

They were founded in 2008. Their goal is and always will be to deliver an alternative to the major Australian banks. This is their sense of being.

They are an independent home loan provider they are also 100 % Australian-owned. Should you be purchasing a block of land, refinancing a residential dwelling or perhaps building the home of your dreams? They are able to assist when often other lenders are not able to.

Easy home loan applications

They get that applying for a loan could be one of the biggest financial decisions you will ever have to make, and by no means does the process in itself, have to be difficult! They want to make it as easy as possible for you. In their view, it all starts with greater customer service

Friendly and professional assistance

To start with, when you contact Bluebay in connection with home finance, you will receive a friendly welcome from their professional staff as well as great service. You’ll feel welcomed once you’ve made that first call because they make a difference. They aim to listen to you and answer all your questions but most importantly to assist you through the entire process of buying your new home.

Tailor-made loans

Bluebay will actually take the time to get to know you. This way they get to understand your situation and identify how they can tailor make your needs.

It also helps to find a home finance product best suited for you. Let’s use Parent Assist, for example, it was purely from customer feedback. Customers enquired about what would be the best way to come up with their down payment, so they gave them exactly what they asked for.

Tailor-made home loans

Their home loan finance products are tailored to the needs of their customers. They are able to give their customers the assurance that they need. Yes, it’s true!

Bluebay Home loans are backed by some of Australia’s largest financial institutions, so you see their customers get the security of a bank, yet you don’t even have to deal with one!

They have many satisfied customers

It comes as no surprise that their customers go away very happy and spread how happy they are with their service whether they take out a home loan or one of their car loans. By the way, they have gone from strength to strength since 2008. They have grown their market share as well as their home loans.

Blue Bay – Home loan

  • Loan Type Home loans
  • Interest Rate 5.5%
  • Loan Amount up to $750,000
  • Repayment 10 years to 30 years

Benefits of Blue Bay

  • A range of loan options to choose from
  • Apply with any credit score
  • Split loan options

Blue Bay Home Loans - Many loan options to choose from

From all the loan types you know about, there is one that really stands out for Bluebay home loans, they offer all the same loan types as the banks but there is one that you won’t find anywhere else and the upside is, you don’t have to deal with a bank.

Fixed-rate home loans

Your rates don’t alter even if the Reserve Bank should decide to increase its rates. So you get to pay the same amount on rates every month. This loan is perfect for those who need to know exactly what they will need to budget for every month.

Variable-rate home loans

As the Reserve Bank hikes rates or brings them down, so will your interest rate go up or down. The variable rate home loan generally offers a significantly lower interest rate than that of a fixed rate. So, there is a possibility that you could pay less for a period of time.

Split home loans

This loan has the best of both worlds, you can choose how you would prefer to allocate repayments to each loan account because this loan is a part fixed rate and part variable. It also gives you peace of mind (the same as a fixed-rate home) would offer.

Low-doc home loans

For this loan, not all the documents are required that the banks would generally require such as your tax returns and financial reports. This is a good loan for when you are self-employed because financials are the very last thing on your mind plus as a new business you might not have all the paperwork in place.

The line of credit home loans

You are able to use the equity for things like going on holiday if you are looking to invest or perhaps you would like to do some renovations by unlocking the equity in your home.

Construction loans

Apply for this loan if you want to build a new home, the loan amount would generally start at the value of your land and then increases as it gets built.

Home-to-home loans

A Home to Home loan allows you to build your new home before you sell your present home, this enables you to avoid paying two mortgages at once, more or less like a bridging loan but at the standard Home loan interest rate, Bluebay has offered.

Parent Assist home loans

This is an Australian-first product and it allows your, parents, to assist you in getting your down payment together without them having to risk their own home.

Credit card at home loan rates

Bluebay Home Loans offer you a credit card that offers you the same low-interest rate as that of the home loan itself when applying for a Home loan with Bluebay home loans.

Customer Reviews & Testimonials

With Blue Bay, we really had peace of mind. They kept us up to date on the entire home buying process and we didn't need to stress about much. They made it a great experience for us.

Kayla S
— Melbourne —

Very affordable mortgage broker, their rates and fees are competitive enough.

Carl M
— Brisbane —

BBL is a home loan broker that has been around for many years and are very reliable. I can see why my friend recommended we use them.

Greig S
— Hobart —

Blue Bay Contact

Physical Address

Opening Hours

  • Monday 08:30 – 17:00
  • Tuesday 08:30 – 17:00
  • Wednesday 08:30 – 17:00
  • Thursday 08:30 – 17:00
  • Friday 08:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed