Save time
We assess you as you complete your application, which means your home loan approval comes faster.
The smarter way to do home loans
Our real-time assessment means you get real benefits. Save money, time and stress.
Some of the reasons you'll love us
We're not just the world's first truly digital home loan. We're a home loan that actually makes sense - a simple process, with no nonsense, no jargon and no asterisks. It's about time.
Save cash
Reap the rewards of a truly digital home loan: award winning home loan rates, with no fees.
Own your process
Get your loan on your timeline, with a streamlined process and experts available to chat when you want help.
Get full approval
Get full or conditional approval (subject to property). We do both. Get full approval for maximum confidence at auction.
Ditch paperwork
By linking your accounts, we can verify your income and expenses without paper. Responsible, and fast.
Secure process
Get tech-nerd grade security, encryption and hosting. Plus, confidence in our Australian Credit Licence and backing by Australia's fifth largest bank.
What your loan costs your funder
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).
No honeymoon rates
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.
