Save time
We assess you as you complete your application, which means your home loan approval comes faster.
Real-time assessment combined with real service.
We combine leading technology with amazing humans. So, you can get the fastest online home application, with people who’ll take the time to explain how a variable rate works.
We assess you as you complete your application, which means your home loan approval comes faster.
Reap the rewards of a truly digital home loan: award winning home loan rates, with no fees.
Get your loan on your timeline, with exceptional human experts available to chat when you want help.
Get full or conditional approval (subject to property). We do both. Get full approval for maximum confidence at auction.
By linking your accounts, we can verify your income and expenses without paper. Responsible, and fast.
Get tech-nerd grade security, encryption and hosting. Plus, confidence in our Australian Credit Licence and backing by Australia's fifth largest bank.
And how much you can save by embracing technology to do home loans, smarter.
Broker | Tic:Toc | |
---|---|---|
Assessment & processing | $4,000 | $100 |
Origination commission | $2,450 | $2,800 |
Trailing commission | $2,100 | $2,100 |
Total costs | $8,550 | $5,000 |
These costs are based on the Australian average loan size of $350,000 for a live-in principal and interest loan with a 4.0% interest rate, over a 4 year term.
These are approximate figures, based on industry intel because “information on the relative costs of different distribution channels is not readily available”. Though we know “distributing through mortgage brokers… has a higher transaction cost” while “the cost of processing the loan… is likely to be similar between the [broker and direct to lender] distribution channels”. (Deloitte Access Economics, The Value of Mortgage Broking July 2018, p30).
Existing borrowers may have a different interest rate, depending on the price we were able to negotiate with our funder at the time the loan settled, and any reductions made over time. We don’t do honeymoon rates, or make loyal customers subsidise lower prices for new customers.