For most people, the best home loan typically has a low interest rate, no fees and an offset account.
But what makes the best home loan for one person won't necessarily make the best home loan for another.
Because of that, our experts have chosen top picks for different home loans that might be the best for different people, depending on what they want from their loan.
Our picks for the best home loans for August:
These home loans have a Finder Score of at least 8/10. The higher the score, the better the loan against others in its category. Scores above an 8 will have lower rates and fees than other loans of its type.
You can’t borrow more than 80% of the property value
Why we like it
This home loan offers a perk like no other. Not only does it consistently have great rates, but for every year that you have the loan, Unloan will knock 0.01% off your interest rate. This means your loan will get slightly cheaper every year (on top of being a consistently low rate compared to most home loans).
Unloan doesn't bump up the costs in other areas either, as this home loan has no fees. If you're not concerned about an offset account, it's hard to beat a loan this cheap.
This home loan has a Finder Score of 9.6.
Best home loan pick for first home buyers
G&C Mutual Bank First Home Buyer - (Owner Occupier, P&I)
With LMI you can take out this loan with as little as a 5% deposit
There are no establishment or ongoing fees
You can make unlimited extra repayments and redraw the funds
This product is only available if you’re a first home buyer
If you’d prefer to deal with a lender in person, G&C Mutual Bank only has 6 service centres in NSW and 1 in Melbourne
Why we like it
Rewarding first home buyers with a home loan packed with benefits, G&C Mutual scores a high Finder Score for this product. Not only can you take out this loan with only a 5% deposit, it offers you the flexibility to make unlimited extra repayments and the ability to redraw those funds if you need them. That's great for new buyers who are keen to get ahead on their home loan but with the option to access the cash in an emergency.
You can’t borrow more than 80% of the property value
Why we like it
Investors sometimes pull the short straw with their home loans, but Unloan rewards its investor borrowers with the same perk as its owner occupiers. For every year you hold the loan, Unloan will knock off 0.01% from the interest rate. Add that to no fees and unlimited redraw, this makes a great loan.
This home loan has a Finder Score of 9.8.
Best home loan pick for cashback
Newcastle Permanent Real Deal Home Loan - Special Offer 1 (Owner Occupier, P&I)
This loan comes with a redraw facility for extra repayments.
You can split your home loan into multiple loan account.
A high application fee of $595.
There is no offset account attached to this loan.
Much higher interest rates for borrowers with LVRs of above 80%.
Why we like it
Offering extra repayments and free redraw isn’t necessarily a unique feature. But if you’ve got a deposit or home equity worth more than 20% of the property price, this loan gives you a whopping 2.20% discount. Although there’s a high $595 application fee, you’ve got no ongoing fees to worry about while you pay off the loan itself.
You can’t borrow more than 80% of the property value
Why we like it
This home loan offers a perk like no other. Not only does it consistently have great rates, but for every year that you have the loan, Unloan will knock 0.01% off your interest rate. This means your loan will get slightly cheaper every year (on top of being a consistently low rate compared to most home loans).
Unloan doesn't bump up the costs in other areas either, as this home loan has no fees. If you're not concerned about an offset account, it's hard to beat a loan this cheap.
This home loan has a Finder Score of 9.6.
Best home loan pick for offset
loans.com.au Variable Home Loan - LVR 90% (Owner Occupier, P&I)
Optional offset account comes with an additional 0.10% added to the interest rate
Why we like it
Even though the option of an offset account comes with an 0.10% increase of the interest rate, the final rate is still lower than many other products which offer offset accounts. This product also don't charge upfront or service fees, keeping the cost even lower.
This home loan has a Finder Score of 9.5.
How do I get the best deal on a home loan?
There are 3 things every borrower needs to look at when hunting for the perfect home loan:
Find a lower rate
Avoid big fees
Get the mortgage features you need
1. Find a lower rate
The interest rate determines your borrowing costs. The lower the rate, the less interest you pay each month.
Let's say your loan amount is $500,000 with a 30-year loan term. Here's how different rates change the repayments.
Interest rate
Monthly repayment
5.75%
$2,918
6.00%
$2,998
6.25%
$3,079
6.50%
$3,161
6.75%
$3,243
7.00%
$3,327
7.25%
$3,411
The best home loan will always have a low interest rate compared to most loans on the market.
2. Avoid big fees
While a low rate is more important, don't forget to add up the cost of fees. Ongoing annual fees can cost hundreds of dollars and one-off application or settlement fees can costs hundreds more.
Home loans with added features can offer you more flexibility in how you repay and manage your loan:
Offset accounts can help you cut down your interest repayments.
Redraw facilities let you take out extra money you've paid into your mortgage to use in emergencies.
Loan portability lets you move your home loan from one property to another without refinancing.
43% of Australians think an offset account is one of the most important features when considering a home loan, according to a Finder survey.
"For me, the best home loan needs to have an offset account along with a low interest rate. My home loan offset account is now my primary savings account. Instead of earning interest, I offset the interest my lender charges every day. This works for me because the rate on my home loan is higher than a savings account, and the debt is large. I'm saving thousands of dollars and will pay the loan off much faster this way."
The ideal home loan is one with the lowest interest rate - but that doesn't mean it's the best one for you!
The best home loan is unique to your own circumstances. It's about finding one that fits your life, your goals and your budget.
For example, the best home loan for a first home buyer won't be the best home loan for a seasoned investor.
And while many borrowers in today's market are choosing a variable interest rate, that's not necessarily the best for everyone.
Whatever the situation, the best home loan is the one that saves you money and gives you the tools to manage your mortgage on your terms.
Let's take a look at some scenarios:
A property investor with a mortgage on the family home
Plenty of property investors haven't paid their own home loans off yet. For this type of borrower, one approach could be as follows:
Make sure your owner-occupier loan has a low interest rate. Focus on repaying this debt as fast as possible. The interest you pay on your home loan is not tax deductible. But it is on your investment loan.
Choose interest-only repayments on your investment loan. This allows you to minimise your investment loan repayments while focusing on your own home loan first. This makes sense because the interest is tax deductible too.
This is just one approach for a property investor to take. In a complex scenario like this, getting personal advice from a mortgage broker and an accountant is a really good idea.
A first home buyer struggling to save a 20% deposit
Many aspiring first time property buyers find saving for their deposit the most difficult hurdle. In this case, the best home loan is not necessarily one with the lowest interest rate.
The best home loan may be one that allows for a higher loan-to-value ratio. This allows them to borrow with a lower deposit, usually as low as 5%. These loans typically come with slightly higher interest rates.
First home buyers may also want to take advantage of government first home buyer schemes. Not all lenders take part in these schemes so the best home loan here would be from a lender that does.
A homebuyer with extra money in savings
Whether you're buying your first home or refinancing your existing loan, ideally you're looking for a low interest rate. But sometimes the best home loan is a slightly higher interest rate in exchange for better features. Particularly if that feature is an offset account, which could actually save you more money than if you'd gone for a lower rate.
If you have money sitting in your savings account, and you don't want to invest it, a loan with a 100% offset account might be the best one for you.
Any money in your offset account is taken off your remaining loan value, reducing the amount of interest you'll pay. The more money you save in there, the more money you'll save on interest over the life of the loan.
You've signed a contract to buy and you're running out of time
If settlement day is fast approaching and you haven't got a home loan approved, the best home loan is the one that a lender will approve quickly.
This could mean a few things. You might abandon the hunt for a better deal and just talk to your own bank. Or you might try an online lender with a fast approval process.
You're a young couple wanting to start a family
Whether you're a first home buyer or you're refinancing, you'll need to decide between a variable interest rate or a fixed interest rate. While for a lot of people choosing between the 2 might be more about the market, the best option for you may depend on other reasons.
Perhaps you're a couple planning to start a family in the next couple of years. A fixed rate might give you the confidence that your repayments aren't going to change as you navigate parental leave and the extra costs of a family. As such, this may give you the peace of mind that that makes it the best loan for you over a variable loan.
What are the best home loans in 2025?
Every year Finder runs awards to find the best home loans from the previous 12 months. These are the loans which came out on top in the 2025 Finder Best Home Loan Awards. Like the loans with high Finder Scores, these loans will have lower costs than other loans in their category.
🏆 Best Customer-Owner Home Loan Lender – Easy Street
🏆 Best Owner Occupier Variable Home Loan – Tiimely Home – Own 10% deposit variable Rate - Principal and Interest (with offset)
🏆 Best Owner Occupier Fixed Home Loan - 1 year – Qantas Money – Fixed Rate Home Loan - 100% Offset 1 year Fixed (Owner Occupier, P&I)
🏆 Best First Home Buyer Home Loan – Tiimely Home - Own 10% deposit variable Rate - Principal and Interest (with offset)
🏆 Best Refinance Variable Home Loan – Tiimely Home – Own 10% deposit variable Rate - Principal and Interest (with offset)
🏆 Best Refinance Variable Home Loan - Large Bank – Bendigo Bank – Express Variable Home Loan (owner occupier, P&I)
🏆 Best Investor P&I Variable Home Loan – Easy Street - Smart Variable Home Loan (investor, P&I)
🏆 Best Investor IO Variable Home Loan – Queensland Country Bank – Ultimate Home Loan Package, Special Variable Rate, (Investor, IO)
🏆 Best Investor P&I Fixed Home Loan - 1 Year – Qantas Money – Fixed Home Loan, 100% offset, 1 year fixed (Investor, P&I)
🏆 Best Investor IO 1 year fixed home loan – Qantas Money – Fixed Home Loan, 100% offset, 1 year fixed (Investor, IO)
🏆 Best Fixed Home Loan Lender - Investor – Qantas Money
🏆 Best Value Home Loan – Unloan - Variable Home Loan (Owner Occupier)
Check out the full awards page to learn more about how we chose the winners.
Top 5 home loan providers for customer satisfaction in 2025
Want to know what people actually feel about their home loan provider? Each year, thousands of Australians rate brands they've used as part of Finder's Customer Satisfaction Awards program. Aussies rate brands within a product category across a range of metrics, including 'value for money' and 'customer service'. Here are the results:
Lender
Overall satisfaction
Trustworthy/reliable
4.13/5
92%
4.09/5
89%
4.00/5
84%
3.96/5
82%
3.93/5
85%
Need more help finding the best home loan for you? Talk to a mortgage broker
Mortgage brokers are professionals who have access to a panel of lenders. They can find you a product that matches your financial needs and also help with your application.
There's no one best home loan for every borrower. And there is certainly isn't one bank that consistently has the best home loan in Australia.
Online lenders tend to offer the lowest interest rates. For many borrowers that's enough. But it's worth comparing a wide range of lenders to make sure you really find the bank or lender with the best loan for you.
At the moment, the home loan market is incredibly competitive and rates are changing as lenders expect the cash rate to fall.
Typically, the lowest interest rates are offered by online lenders rather than larger banks like the Big Four. But there's not always a big gap, and this doesn't mean the Big Four don't offer the best loan for you.
Finding the best interest rate is still important though, because you can save thousands in the cost of repayments.
A $600,000 home loan with a 5.00% interest rate over 30 years would cost you $3,221 a month. But the same loan with an interest rate of 5.50% would cost you $3,407 a month. That's $2,232 more expensive in a year.
Rates vary based on the loan type and features. But as a general guide:
The average variable owner occupier interest rate for December 2025 is 6.46%. The lowest variable owner occupier interest rate for December 2025 is 4.99%
The average fixed owner occupier interest rate for December 2025 is 5.72%. The lowest fixed owner occupier interest rate for December 2025 is 4.74%
To get a wider sense of what's a competitive rate in the current market, take a look at our current home loan rates guide.
Even with rates dropping 4.75% is a good rate. It would be a particularly good interest rate for a variable rate right now, but variable rates are still above 5% (with exceptions of some special offers). The lowest fixed rate home loan is below 4.75%.
The rate you can get also depends on each lender but also whether it is P&I or interest only; whether it is investment or owner occupied; and what your LVR is. It is only a good interest rate if it delivers the home loan you need.
Package home loans offer you a combination of a home loan, bank account and a credit card, sometimes with other products too.
They can be a good offering if you are in the market for those other products, as they usually remove the normal fees for those additional products. The loans come with very competitive fees. In fact, many package loans score highly with our Finder Score, meaning they are competitive in cost with basic home loans.
Package home loans will come with an annual package fee though. This can cost a few hundred dollars a year and you pay it every year of the loan.
To work out if a package loan is right for you, be sure to factor in the cost of the package fee. And decide if you really need the other products in the package. It could be a convenient option to have all your banking and loan products in one place. Or you might be better off finding a low rate loan elsewhere and avoiding the package aspect altogether.
It never hurts to ask for a discount. The worst your lender can do is say no. Some mortgage brokers claim they can get discounts for their clients, but you can always ask your lender yourself. It helps to be in a good financial position before asking for a lower rate, of course. [/fin_accordion]
Explaining our top picks
Every month, our home loan experts take a look at the top scoring products in our Finder Score data to find the best home loan picks from our partner lenders.
Our home loan picks showcase the best loans for:
First home buyers
Refinancers
Investors
Redraw
Offset accounts
Cashback offers
What is Finder Score?
The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're trying to find the best home loan for you, you can see how each product stacks up against other home loans with the same borrower type, rate type and repayment type. In the case of fixed loans, we also split them up into short term and long term fixed rates.
Rebecca Pike is Finder’s money editor, with over 7 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise and 7News, Today and 9News, as well as Sky News, Channel 10 and across radio and print. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines.
See full bio
Rebecca's expertise
Rebecca
has written
270
Finder guides across topics including:
Home loans
Personal Loans
Car Loans
Cost of living
Budgeting
Get rewarded $$ for switching with Finder Rewards
Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.
We need to borrow $140,0000. We have some land for sale.
Can we use thar land a deposit. But we are first home loaners. I am on a carers for my mum. Can you help me. Thanks
Finder
ShirleyMarch 2, 2015Finder
Hi Amelia,
Thanks for your question.
Generally, your deposit will need to be funds held in a bank account in Australia. As a first home buyer, you may be eligible for the FHOG if you buy a new property, and be exempt from stamp duty depending on the state or territory you reside in.
If you find that none of the loans we compare are suitable for your situation, there is always the option of speaking to a home loan broker. They will be able to help you further in narrowing down a suitable home loan option for you.
Cheers,
Shirley
CuriousFebruary 25, 2015
Having gone through a marriage break up and finding myself with permanent disability that will get worse as time goes on, I am hoping to secure my physical and financial future with an owner occupier home loan. Though I have no on hand cash at the current moment other than a few hundered in my account, that will change toward the end of year when my Super matures. I would be wanting to use around $120,000 of my own money toward a loan of equal amount. I did go through Bankruptcy due to divorce but am a discharged bankrupt now for over 3 years and have no credit cards or debt other than day to day living expenses. Is it going to be possible for me to bring my plan to fruitation. I have also rented the same property for 8 years and pay an amount of $580 a fortnight in rent. Hoping you can give me some advice on the best way to achieve my goal.
Finder
ShirleyFebruary 25, 2015Finder
Hi Curious,
Thanks for your question.
Since you have been discharged for over three years and have a deposit saved up, most lenders should consider your application.
If you find that you are having trouble finding a lender, you may want to approach a bad credit specialist lender. The requirement is that you have a 10% deposit.
If you find that none of these loans are suitable for your situation, there is always the option of speaking to a home loan broker. They 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
DeniseFebruary 23, 2015
My son wants to buy an investment property in his name in NSW for $250000. He intends to let it out at the rate of $320 per week. He has $40,000 deposit saved. He is currently seeking part-time work. As he is still at Uni I am prepared to act as guarantor for the mortgage. I reside in Qld and fully own my property which is valued at $600,000. Please advise the best way for him to proceed.
Finder
ShirleyFebruary 23, 2015Finder
Hi Denise,
Thanks for your question.
You can compare a range of guarantor loans and check your eligibility.
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.
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.
Cheers,
Shirley
mariaFebruary 6, 2015
Currently using a broker to source cheap house loans etc, but we end up paying her a fee in our repayments, want to avoid this an refinance our loan that’s split to new fixed rates to save some money (as the rates have dropped) fixed term at least 3-5 years which bank/credit union offers the best rate, how can I go about this without using the broker and paying her monthly
cheers Maria’
Finder
ShirleyFebruary 9, 2015Finder
Hi Maria,
Thanks for your question.
Typically, you do not need to pay a mortgage broker a fee for using their services. The lender usually pays them on a commission based on the loan they have settled for you.
You may want to consider using one of the mortgage brokers we have compared. Please ensure that before you commit to anything, it is best to confirm that they do not charge a fee within your repayments. Remember to ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply for the loan.
Cheers,
Shirley
DouglasJanuary 23, 2015
Hi, I have a house and brick shop. I’m unemployed, and have the shop rented $180 per week. I have minimum overheads, am the sole ocupier and wish to pay out the loan of aproximately $25,000. The property is valued at $120,000 and I wish to borrow $80,000 in the regional property tourist area of Victoria. Where can I borrow from? I have a personal income of $300 per week.
Finder
MarcJanuary 27, 2015Finder
Hi Douglas,
Thanks for reaching out to Finder.
I would recommend comparing the loans on this page until you find one that you’re interested in and then contact the lender directly to find out if you’d be eligible to borrow the amount you’re after.
To help you, please enter the amount you’d like to borrow and term. If you like to see the side-by-side comparison between brands, just click the “compare box” below the brand’s logo.
Please click the name of the lender or the “More info” link to be redirected to our review page and learn more about the lender’s loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, you may then click on the “Go to site” button and you will be redirected to the lender’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
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. You can speak to a mortgage broker who can take your personal circumstance into account and offer you a range of borrowing options.
Home loan cashback deals can help you refinance to a cheaper interest rate and get a lump sum cash payment. Compare the latest deals and check your eligibility today.
Construction loan comparison is as simple as finding out how much you can borrow, then reviewing some of the best construction loans on the market to find the right fit.
What is an offset account? It can save you thousands in interest and help you own your home sooner.
Important information about this website
Finder makes money from featured partners, but editorial opinions are our own.
Finder is one of Australia's leading comparison websites. We are committed to our readers and stand by our editorial principles.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
The information provided by Frankie is general in nature and has been prepared without considering your objectives, financial situation or needs. Frankie may make mistakes so it's important that you review the information before deciding. By messaging Frankie, you agree to our Terms and have read our Privacy Policy.
A property investor with a mortgage on the family home
A first home buyer struggling to save a 20% deposit
A homebuyer with extra money in savings
You've signed a contract to buy and you're running out of time
You're a young couple wanting to start a family
What are the best home loans in 2025?
We need to borrow $140,0000. We have some land for sale.
Can we use thar land a deposit. But we are first home loaners. I am on a carers for my mum. Can you help me. Thanks
Hi Amelia,
Thanks for your question.
Generally, your deposit will need to be funds held in a bank account in Australia. As a first home buyer, you may be eligible for the FHOG if you buy a new property, and be exempt from stamp duty depending on the state or territory you reside in.
If you find that none of the loans we compare are suitable for your situation, there is always the option of speaking to a home loan broker. They will be able to help you further in narrowing down a suitable home loan option for you.
Cheers,
Shirley
Having gone through a marriage break up and finding myself with permanent disability that will get worse as time goes on, I am hoping to secure my physical and financial future with an owner occupier home loan. Though I have no on hand cash at the current moment other than a few hundered in my account, that will change toward the end of year when my Super matures. I would be wanting to use around $120,000 of my own money toward a loan of equal amount. I did go through Bankruptcy due to divorce but am a discharged bankrupt now for over 3 years and have no credit cards or debt other than day to day living expenses. Is it going to be possible for me to bring my plan to fruitation. I have also rented the same property for 8 years and pay an amount of $580 a fortnight in rent. Hoping you can give me some advice on the best way to achieve my goal.
Hi Curious,
Thanks for your question.
Since you have been discharged for over three years and have a deposit saved up, most lenders should consider your application.
If you find that you are having trouble finding a lender, you may want to approach a bad credit specialist lender. The requirement is that you have a 10% deposit.
If you find that none of these loans are suitable for your situation, there is always the option of speaking to a home loan broker. They 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
My son wants to buy an investment property in his name in NSW for $250000. He intends to let it out at the rate of $320 per week. He has $40,000 deposit saved. He is currently seeking part-time work. As he is still at Uni I am prepared to act as guarantor for the mortgage. I reside in Qld and fully own my property which is valued at $600,000. Please advise the best way for him to proceed.
Hi Denise,
Thanks for your question.
You can compare a range of guarantor loans and check your eligibility.
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.
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.
Cheers,
Shirley
Currently using a broker to source cheap house loans etc, but we end up paying her a fee in our repayments, want to avoid this an refinance our loan that’s split to new fixed rates to save some money (as the rates have dropped) fixed term at least 3-5 years which bank/credit union offers the best rate, how can I go about this without using the broker and paying her monthly
cheers Maria’
Hi Maria,
Thanks for your question.
Typically, you do not need to pay a mortgage broker a fee for using their services. The lender usually pays them on a commission based on the loan they have settled for you.
You may want to consider using one of the mortgage brokers we have compared. Please ensure that before you commit to anything, it is best to confirm that they do not charge a fee within your repayments. Remember to ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you apply for the loan.
Cheers,
Shirley
Hi, I have a house and brick shop. I’m unemployed, and have the shop rented $180 per week. I have minimum overheads, am the sole ocupier and wish to pay out the loan of aproximately $25,000. The property is valued at $120,000 and I wish to borrow $80,000 in the regional property tourist area of Victoria. Where can I borrow from? I have a personal income of $300 per week.
Hi Douglas,
Thanks for reaching out to Finder.
I would recommend comparing the loans on this page until you find one that you’re interested in and then contact the lender directly to find out if you’d be eligible to borrow the amount you’re after.
To help you, please enter the amount you’d like to borrow and term. If you like to see the side-by-side comparison between brands, just click the “compare box” below the brand’s logo.
Please click the name of the lender or the “More info” link to be redirected to our review page and learn more about the lender’s loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, you may then click on the “Go to site” button and you will be redirected to the lender’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
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. You can speak to a mortgage broker who can take your personal circumstance into account and offer you a range of borrowing options.
I hope this helps,
Marc.