Economy Home Loans: products, rates, fees and more | Finder

Economy Home Loans

Compare home loan rates from Economy Home Loans.

Economy

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On this page you can find information about Economy Home Loans and its mortgage products.

Compare Economy home loans

Compare Economy home loan products below and hit "load more" to see a fuller selection of loans.

Data updated regularly
$
years
Name Product Interest Rate (p.a.) Comp. Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
Economy Platinum Basic Home Loan
4.82%
5.03%
$299
$199 p.a.
95%
$789.79
Economy Maxi Basic Home Loan
4.92%
4.93%
$0
$0 p.a.
95%
$798.89
Economy Free Start Home Loan
5.01%
5.02%
$0
$0 p.a.
95%
$807.12
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Economy lender profile

  • Economy Home Loans is a small lender offering mortgages for home buyers and investors. The lender is part of the Loan Market Group, one of the largest family-owned loan brokers operating in Australia.
  • Australian residents of Victoria, New South Wales, Queensland, Western Australia and Tasmania are all eligible to borrow from Economy.
  • Economy has mobile lenders who will come to you and help you get a home loan.

How do I apply for a Economy mortgage?

If you'd like to apply for a home loan from Economy, please contact the lender directly.

Eligibility

Each Economy Home Loans product has specific eligibility criteria but some will apply to all products. For example:

  • Age. You must be over 18 years of age.
  • Residency. You should be a resident of Australia.
  • Employment. You should have a regular source of income.

Documents required

When you apply for a mortgage with Economy you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:

  • Identification documents. You will need identification such as a driver's license, passport or birth certificate.
  • Proof of income documents. Recent payslips can establish your income.
  • Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).

Detailed guide to home loan applications and paperwork

Looking for more mortgage options?

More guides on Finder

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