Judo Bank Home Loans: The 2026 Review

Judo Bank was established in 2016 in Melbourne, Victoria, with a clear mission to support small and medium-sized enterprises (SMEs) through innovative financial solutions. As an independent neobank, Judo quickly gained recognition by focusing on SME lending, leveraging technology alongside traditional relationship banking. A key milestone was its approval as an authorised deposit-taking institution (ADI) by APRA, which reinforced its credibility and market presence.

Today, Judo Bank stands out as a major player in the Australian banking sector by combining digital innovation with personalised service. Unlike the Big 4 banks, Judo distinguishes itself through a tech-savvy approach that prioritises SME lending and competitive term deposits. Its business model integrates digital channels with a strong emphasis on relationship banking, allowing it to deliver tailored financial solutions to its clients.

Judo Bank primarily targets SMEs and consumers looking for competitive term deposit options. Its focus on combining the speed and efficiency of technology with the personal touch of traditional banking sets it apart. Operating through branches and online platforms, Judo Bank is committed to providing flexible financial solutions that cater to the unique needs of its customers across Australia.

• Legal Name: Judo Bank
• ABN: 11615995581
• ACN: 615995581
• Established: 2016
• Headquarters: Melbourne, Victoria
• Type: Neobank
• Ownership: Independent

• Website: https://www.judo.bank

Judo Bank offers flexible home loan options tailored to meet diverse borrower needs, with a focus on adaptability and personalised service. Their products are designed to provide financial flexibility and convenience, particularly for SME owners.

• Variable Rate Facilities: Judo Bank provides home loans available with variable rate facilities, allowing borrowers to benefit from potential interest rate decreases. This option can lead to cost savings over the life of the loan.
• Choice of Variable and Fixed Interest Rates: Borrowers can choose between variable and fixed interest rates, providing flexibility to match their financial strategy. Fixed rates offer certainty in repayments, while variable rates can take advantage of market fluctuations.
• Customisable Facility Term: Loan terms can be tailored up to 30 years, allowing borrowers to align their repayment schedule with long-term financial goals. This flexibility supports better cash flow management.
• Flexible Repayment Options: Judo Bank offers various repayment options, including principal and interest or interest-only payments. Borrowers can choose weekly, fortnightly, monthly, or quarterly schedules to suit their cash flow needs.
• Fixed Rate Period: For added certainty, borrowers can lock in a fixed rate period, protecting against interest rate rises. This feature is beneficial for budgeting and financial planning.
• Personalised Service Through Broker Networks: Judo Bank leverages broker networks to provide personalised service, ensuring borrowers receive tailored advice and support throughout the loan process.
• Digital Banking Features: Judo Bank operates primarily through digital channels, offering online banking and mobile app access for convenient loan management. This tech-driven approach enhances user experience and accessibility.
• Interest-Only Repayment Options: Interest-only repayment options are available, providing borrowers with lower initial payments. This can be advantageous for managing cash flow, especially for investors or during financial transitions.

Judo Bank offers a transparent fee structure for its home loan products, with a focus on flexibility and adaptability to meet diverse borrower needs.

• Application Fee: $900 - This fee is charged for processing the home loan application.
• Valuation Fee: Varies by product - Covers the cost of valuing the property being purchased or refinanced.
• Settlement Fee: Varies by product - Charged at the time of loan settlement to cover administrative costs.
• Annual Package Fee: Variable (Annual) - This fee applies to certain loan packages and covers ongoing account management.
• Discharge Fee: $200-$300 - Applies when the loan is fully paid out and varies by product.
• Rate Lock Fee: Variable - Allows borrowers to lock in a fixed interest rate before settlement; the fee varies depending on the loan amount and terms.
• Variation Fee: Varies by product - Charged when making changes to the loan terms or conditions.
• Extra Repayment Penalty: Varies by product - May apply if additional repayments are made on a fixed-rate loan, depending on the product terms.

Judo Bank offers flexible home loan options primarily targeting SME owners and individuals seeking adaptable lending solutions. The bank focuses on personalised service through broker networks, ensuring accessibility for a wide range of borrowers.

• Must be at least 18 years old to apply.
• Applicants must be Australian citizens or permanent residents.
• Stable income and employment history required to demonstrate repayment ability.
• Good credit history is essential, with a focus on past borrowing behaviour.
• Loan-to-Value Ratio (LVR) may vary, with some products allowing up to 95%, while others are capped at 80%.
• Minimum deposit requirements may apply, potentially as low as 5% with a guarantor.

• Lenders Mortgage Insurance (LMI) may be required for loans with an LVR above 80%.
• First home buyer programs may offer reduced deposit requirements with additional conditions.
• Judo Bank's home loans are tailored to complement business lending services, offering potential benefits for SME owners.