Too good to be true?

How we work. Real time.

Bendigo and Adelaide

Your 22 minute home loan starts and finishes here.

1
Your home.
Enter in the property address.
1. Your home.
We run a digital property valuation (and we absorb that cost), so you know how much you can borrow for that property.
2
Your loan.
Select your tailored home loan.
2. Your loan.
We ask some questions and, based on your goals, offer a couple of home loan options we think will suit you. Then you get to select the home loan you like best.
3
Your details.
Tell us who you are.
3. Your details.
We ask for some details to get better acquainted, which are verified in real-time to complete your ID check.
4
Your financials.
Supply your financial information.
4. Your financials.
We ask some questions about your income and expenses. Here's the magic: we digitally validate your financials, instantly. Or you can upload your docs the old way for our humans to check.
5
Decision time.
Get an instant answer.
5. Decision time.
Our robot will give you a decision in just a few minutes. Or if you uploaded documents, we'll check over your application within a business day.
6
And you're done!
If approved, your loan docs are on the way.
And you're done!
If approved, your loan docs are on the way.

Legal things you need to know about our rates.

No tricks included.

They’re current as of 20 February 2018; available to all home loans settled on or after this date, and they can change.

We relentlessly review our rates to make sure we stay competitive and offer more Australians a better deal on their home loan.

We work out our variable comparison rate based on a $150,000 loan over 25 years. And for the fixed loan comparison rates, we base them on the loan switching to our variable rate at the end of the fixed term. These rates also factor in all the fees associated with applying for the loan (none) and all the fees associated with having the loan (none) and the fees associated with leaving the loan (a $325 discharge fee).

For a different loan or term, such as our home loan with an offset account, the rate would be different because we charge $10 a month to have an offset account. Or to say that in the way we’re legally obligated to (the aggressive way): WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

But no need to speculate. Test out what your rate will be based on your own situation and the loan you want.