act. Home Loans Comparison

Rates and fees last updated on

Get a home loan with a social conscience

act. offers a unique approach that allows customers to support a range of worthy causes while conducting their everyday banking. Launched in November 2014, act. offers a range of financial products that are backed by Bendigo Bank.

Who is act. and what does act. do?

Each time they perform banking tasks, act. customers earn a share of the bank's profit which you can then use to support worthwhile causes through their crowdfunding platform letsact.com.au.

With products issued and backed by Bendigo Bank, act. offers credit cards, a transaction account, a savings account, secured and unsecured personal loans and a range of mortgage solutions. Its range of home loans includes a variable rate loan, a fixed rate loan and an interest-only option. Each of these loans offers a wide selection of flexible features to help you pay off your mortgage as soon as possible.

Compare act. home loans

Rates last updated September 20th, 2017
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
4.30%
4.45%
$150
$10 monthly ($120 p.a.)
80%
An investment loan with a competitive rate and interest only options for up to 10 years.
5.48%
5.65%
$150
$10 monthly ($120 p.a.)
95%
Borrow funds for a residential property and enjoy a full featured home loan.
4.88%
5.06%
$150
$10 monthly ($120 p.a.)
95%
Enjoy a home loan with unlimited extra repayments, redraw facility and 100% offset account.
4.68%
4.86%
$150
$10 monthly ($120 p.a.)
95%
Enjoy a 100% offset account and other features with this loan.
4.58%
4.76%
$150
$10 monthly ($120 p.a.)
95%
A full featured home loan with 100% offset account and unlimited extra repayments.
4.88%
5.06%
$150
$10 monthly ($120 p.a.)
90%
4.68%
4.86%
$150
$10 monthly ($120 p.a.)
90%
4.58%
4.76%
$150
$10 monthly ($120 p.a.)
90%
4.54%
5.02%
$150
$10 monthly ($120 p.a.)
95%
4.24%
4.94%
$150
$10 monthly ($120 p.a.)
95%
4.34%
4.91%
$150
$10 monthly ($120 p.a.)
95%
4.74%
5.01%
$150
$10 monthly ($120 p.a.)
95%
4.74%
5.00%
$150
$10 monthly ($120 p.a.)
95%
5.48%
5.65%
$150
$10 monthly ($120 p.a.)
90%
A competitive rate with 100% offset account and redraw facility with interest only repayments.

Have we missed anything in the comparison table? Tell us

Compare up to 4 providers

Aussie Home Loans Logo

Enter your details below to receive an obligation-free quote from an Aussie home loans expert today

$

Are you an Australian Citizen or permanent resident?

finder.com.au guarantees the privacy and security of your details

Applications are subject to approval. Conditions, fees and charges apply.

Credit services for Aussie Select and Aussie Optimizer products are provided by AHL Investments Pty Ltd ACN 105 265 861 ("Aussie") and its appointed credit representatives, Australian Credit Licence 246786. Credit for Aussie Select products is provided by Residential Mortgage Group Pty Ltd ACN 152 378 133, Australian Credit Licence 414133. Credit for Aussie Optimizer products is provided by Perpetual Ltd ACN 000 431 827.

Aussie is a trade mark of AHL Investments Pty Ltd. Aussie is a subsidiary of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian Credit Licence 234945. © 2017 AHL Investments Pty Ltd ABN 27 105 265 861 Australian Credit Licence 246786.

By submitting this form, you agree to the finder.com.au privacy policy and the Aussie privacy policy.

Aussie Home Loans is both a lender and a mortgage broker, and offers a range of services.

  • FREE consultation and ongoing advice. Easy to understand no obligation advice.
  • Getting your competitive rates across 2900+ loans.
  • Help with your loan application and eligibility criteria.
  • Over 1000 brokers who are able to help you in your local area.

Aussie Home Loans Lender Logos

The Adviser’s number 1 placed mortgage broker 4 years running (2013-2016)

Home loans offered by act.

Variable Home Loan

This loan features a competitive variable interest rate, with lower rates available if you borrow larger amounts. Available for a term of up to 30 years, this loan allows you to choose between weekly, fortnightly and monthly repayments.

Unlimited additional repayments are allowed without incurring a fee, while you can access those additional repayments through an online redraw facility. A maximum loan-to-value ratio (LVR) of 95% applies, although you’ll need lenders’ mortgage insurance (LMI) if you borrow more than 80% LVR. Other features include a linked offset account, a transaction fee rebate on eligible transaction accounts, as well as home and contents insurance discounts.

Fixed Home Loan

This act. home loan allows you to lock in your interest rate for a period of one, two, three, four or five years. The security of a fixed rate is combined with your choice of weekly, fortnightly or monthly repayments, while you’re also able to pay up to an extra 20% of the loan balance above the minimum repayment amount across the term of the loan. Other features include free online redraw, a partial offset account, a transaction fee rebate on eligible accounts and the ability to borrow up to 95% LVR.

Interest Only Home Loan

Designed for those who want to purchase an investment property or land, this loan allows you to make interest-only repayments for periods of up to 10 years. This means you can minimise your repayments and you can also save further on interest with a linked offset account. A maximum LVR of 90% applies to the act. Interest Only Home Loan.


Pros and cons of act. home loans

Pros

  • Responsible banking. Borrowing with act. allows you to earn ‘Impact Dollars’ every month which can be used to support a range of worthy social projects.
  • Flexible repayments. From interest-only repayments, the ability to make additional repayments without penalty and the flexibility to select a payment plan that suits you, act. loans can be tailored to suit your budget.
  • Offset account. Each act. home loan comes with a linked offset account to help you save money on interest repayments.

Cons

  • Fees. Application fees, settlement fees and discharge fees apply.
Back to top

How to apply for act. home loans

If an act. home loans sounds right for you, click one of the secure links on this page to apply for the product of your choice or find out more information.

You can apply for act. home loans online or over the phone if:

  • You’re over 18 years of age and an Australian citizen or permanent resident
  • You are in paid employment
  • There are no more than two applicants on your application
  • You are listed on the loan as a borrower
  • You have a clear credit history
  • You are not applying for business purposes

act. will be in touch as soon as possible after receiving your application to discuss the next steps.

Documents needed to apply for a home loan

You’ll also need to provide some personal, property and financial information in order to be approved for a home loan from act.

Personal information

act. will need you to supply:

  • Your name
  • Your address
  • Your contact details
  • Your Medicare details
  • Your driver’s licence details

Financial information

act. will require details about your financial circumstances in order to determine your ability to repay the money you borrow. Including:

  • Income. This may include recent payslips, tax assessment notices or letters from your employer.
  • Assets. You’ll need to provide a full picture of your financial situation, including assets such as shares.
  • Liabilities. Any outstanding debts in your name will also need to be disclosed.

Property information

act. will also require details and documents concerning the property you are buying. These include:

  • The contract of sale. This contains a range of details concerning the sale of the property, including the price paid.
  • The certificate of title and transfer of land. These documents are used to verify that the person selling the property actually has the right to sell it and confirm the transfer of ownership to you.
act. offers a range of competitive products to Australian borrowers, so make sure to compare its loans with others on the market to help find the right loan for your needs.

Was this content helpful to you? No  Yes

Related Posts

This page was last modified on 12 September 2017 at 12:21pm.

Bank Australia Basic Home Loan - Variable (Owner Occupier)

Pay no ongoing fees on a competitive variable rate home loan.

NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier P&I)

A fixed rate package with flexible repayment options. 350K NAB Rewards Points offer available. Terms and conditions apply.

Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤90% ($150K+ Owner Occupier)

Discount off an already competitive interest rate for loans over $150k. NSW, QLD and ACT residents only.

IMB Budget Home Loan - LVR <=90% (Owner Occupier)

Get a competitive rate without features you may not use.

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
feedback