The eligibility criteria for Commbank Mortgages can vary depending on the specific loan product you’re interested in, as well as your individual circumstances. Generally, to be eligible for a Commbank Mortgage, you will need to:
- Be at least 18 years old
- Be an Australian citizen, permanent resident, or hold an eligible visa
- Meet Commbank’s credit and lending criteria, including having a good credit history and the ability to repay the loan
- Have a sufficient deposit or equity in an existing property to secure the loan
- Provide evidence of your income and employment status
- Meet any additional eligibility criteria that may apply to specific loan products, such as minimum and maximum loan amounts, loan-to-value ratios, and other requirements.
It’s important to note that the eligibility criteria for Commbank Mortgages can vary, and not everyone who meets the basic eligibility requirements may be approved for a loan. Commbank Mortgages will assess your individual circumstances and financial situation before deciding whether to approve your loan application.