Aussie key facts
- Aussie is a broker and a lender, with an extensive network of mortgage brokers across the country. Aussie brokers can help you compare a range of loans from lenders in its panel plus its own range of loans.
- Aussie is 100% owned by the Commonwealth Bank.
- You need at least a 20% deposit to get many Aussie home loans, but it does have options for borrowers with deposits as low as 5%.
Review by our senior home loans writer Richard Whitten
Can you point us in the right direction we have been long term renter until recently. My partner is a senior on a centrelink pension, I receive a DSP pension we want to know how we can purchase our own home? Who do we talk to?
Hi McHack,
You can apply for a standard home loan, though it might be more difficult if your only source of income is coming from your pension.
Your best course of action would be to speak with a mortgage broker as this is their area of expertise and to get personalised advice. You can call or visit their website to set an appointment.
I hope this helps!
Regards,
Richard
Hi
I have a current home loan and looking to refinance, I am on single parenting payment and I am unable to find anyone who will look at me even tho this is my third house and I currently have a 4 year payment history on my current loan, do you know anyone who can help?
Hi Main,
Thanks for your enquiry.
If you are thinking of refinancing, you might be interested to estimate the cost of refinancing and compare a range of refinancing home loans that are suited for you.
Also, you can learn more about applying for a new loan when receiving government benefits from our Centrelink home loan options. I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that’s more inclined to review your application.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
Thanks,
Belinda
My daughter is divorcing, husband is taking name off title deeds. I wish to go on title deeds for my daughter to keep home. What is minimum percentage that bank will allow me on deeds and do all banks want same percentage. I ask this as I will be paying stamp duty on percentage. I know that I will be required as co signer to get loan.
Hi Robert,
Thanks for your enquiry.
The minimum percentage that the lender will allow you on deeds will depend on a range of factors, so it is advisable that you contact Aussie Home Loans directly before carrying out any transfer of title or mortgage.
Stamp duty is calculated on the value of the property or land that is being transferred and is represented as a percentage. You can contact your state office of revenue for more details.
You can read more about fees and charges when transferring property within the family. You should also consider speaking to a conveyancer who will give expert and practical advice on what to do at every step of the process.
Thanks,
Belinda
We badly need renovations and have about $30K owing with $45K redraw available. Are looking to borrow and have been told that line of credit option is best option atm. Our home is probably worth over $700K. How do I go about finding which company is best when our own bank requirements are ridiculous and no loyalty whatsoever considering we have been with them for over 20 years. We may need up to $150K.
Thank you.
Hi Jackie,
Thanks for your question.
You may discuss your eligibility or options from Aussie home loans by getting in touch with them directly.
You can also compare a range of line of credit home loans. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that is more inclined to review your application.
Cheers,
Shirley
Aussie phone number for SA.
Hi Peter,
Thanks for your question.
Please refer to the link I’ve emailed you regarding contact details for Aussie.
Cheers,
Shirley