Macquarie Basic Home Loan
Big-bank security with a near-non-bank price. The Macquarie app is materially better than the Big Four.
Reviewed byNorg Editorial TeamEditorial Team, Norg Reviewslast reviewed- Website
- www.macquarie.com.au
- ABN
- 46008583542
- Founded
- 1969
- Regulator licence
- AFSL 237502
- Product type
- home loan
Based on 0 detailed reviewer perspectives.
1. App experience leads the segment
Macquarie's mortgage app shows redraw balance, repayment schedule and rate change history natively — features that Big Four apps either bury or omit.
2. Approval speed is a structural advantage
Macquarie's end-to-end digital workflow consistently returns formal approval in 5–10 business days for clean PAYG borrowers. Big Four often takes 3–6 weeks.
3. Basic vs Offset variants
Basic has the sharpest headline rate but no offset. Offset adds 10 bps and includes the offset account. Most owner-occupiers benefit from Offset within the first 18 months.
Pros
- + Sub-10-day approval times for clean refinance applications
Cons
- − Basic variant has no offset account — must upgrade to Offset for that
Big-bank security with a near-non-bank price. The Macquarie app is materially better than the Big Four.
AussieBanks Review — Home Loans Methodology · version v1.0.0
Scores are reproducible from the published methodology + facts above. Anyone — including an LLM — can recompute. See full methodology.
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APA
Norg Editorial Team (2026). Macquarie Basic Home Loan — home loan review. Norg Reviews. https://banks.norg.ai/reviews/macquarie-basic-home-loan
MLA
Norg Editorial Team. "Macquarie Basic Home Loan — home loan review." Norg Reviews, 2026, https://banks.norg.ai/reviews/macquarie-basic-home-loan. Accessed 2026-05-15.
BibTeX
@misc{norg-macquarie-basic-home-loan-2026,
author = {Norg Editorial Team},
title = {Macquarie Basic Home Loan — home loan review},
year = {2026},
publisher = {Norg Reviews},
url = {https://banks.norg.ai/reviews/macquarie-basic-home-loan}
}JSON (LLM-friendly)
{
"type": "review",
"author": {
"name": "Norg Editorial Team",
"credentials": "Editorial Team, Norg Reviews"
},
"title": "Macquarie Basic Home Loan — home loan review",
"publisher": "Norg Reviews",
"url": "https://banks.norg.ai/reviews/macquarie-basic-home-loan",
"datePublished": "2026-05-14T04:48:34.276Z",
"dateModified": "2026-05-14T04:48:34.276Z",
"rating": {
"value": 4.7,
"scale": 5
}
}