Home loans
First home, next home, investment or refinance. The right lender for the way you actually earn.
Banks, mutuals and non-bank lenders, more than 60 of them. We match the loan to how your income arrives, whether that's a payslip, a business or both, tell you what you can borrow before you fall for a place, and stay with the application until the keys are yours.
Who we help
Three buyers, three different conversations
First home buyers
The deposit question, the government schemes you may qualify for, what lenders mortgage insurance actually costs, and a pre-approval you can bid with. We explain it once, plainly, and again whenever you need.
Self-employed and business owners
Your income doesn't look like a payslip, and plenty of lenders price that badly. We know which ones read business financials properly, which accept alternative documents, and how add-backs change what you can borrow.
Refinancers and investors
A rate review that's worth the effort, equity for the next property, interest-only where it makes sense, and loan structure that keeps the tax side clean. We show the cost of moving next to the saving, so the decision is clear.
Loan types
Every common home loan, and a few uncommon ones
- Owner-occupier, principal and interest
- Investment loans
- Refinance and debt consolidation
- Construction and renovation
- Low deposit, with LMI or a guarantor
- Self-employed and alternative documents
- Interest-only periods
- Offset accounts and redraw
- Fixed, variable and split
- Bridging between properties
Start with the repayment calculator or the stamp duty calculator.
How a home loan comes together
What you can borrowLenders look at income, living expenses, existing debts and credit limits, and they test the loan at a rate above the one you'd pay. We run that calculation across lenders, because the answer differs more than most people expect.
Deposit and lenders mortgage insuranceBorrow 80 per cent or less and LMI usually doesn't apply. Above that, LMI or a family guarantee can get you in sooner; we show what it costs against what waiting would cost.
Pre-approvalA conditional approval before you bid. Some lenders' pre-approvals are properly assessed and some are little more than a calculator; we tell you which you're holding.
Valuation to settlementContract, valuation, formal approval, documents, then settlement with your conveyancer. We chase each step so the date in the contract is met.
FAQ
Common questions
How much deposit do I need?
Twenty per cent avoids lenders mortgage insurance. Less than that is common and workable, with LMI, a family guarantee or a government scheme depending on your situation. Stamp duty and other costs come on top, so the quick scenario and the home loan calculator both work that in.
Can I get pre-approved before an auction?
Yes, and you should. We aim for a pre-approval that has been properly assessed, with the valuation the only thing left to confirm, so you know your limit before the bidding starts.
I'm self-employed with one year of financials. Is that enough?
For some lenders, yes, and others will accept an accountant's letter or business bank statements instead. Two years of financials opens the widest choice and the sharpest rates. We tell you which lenders fit what you have today.
Fixed or variable?
There's no universally right answer. We show you the repayments under both, what a split would look like, and what happens at the end of a fixed term, so you choose with the numbers in front of you.
Is refinancing actually worth it?
Sometimes. We put the full cost of switching, including discharge and setup fees, next to the saving over the time you expect to keep the loan. If it's marginal, we say so.
What does it cost to use a broker?
In most cases the lender pays us a commission and you pay us nothing directly. Where a fee applies, it is disclosed in writing before you commit to anything. Full details are in our credit guide.
Know what you can borrow before you fall for a place.
Five minutes online, then a call from us with real options. Nothing goes to a lender until you say so.