Finder makes money from featured partners, but editorial opinions are our own.

Homestar home loans

Homestar has home loans for owner-occupiers and investors, with rates starting from 5.99%.

No reviews yet. Write a review

Homestar is an online Australian lender. Check out the full table of Homestar products below or read more about the lender and its loans.

Compare Homestar home loans for May 2024

Hit the "Load more" button to compare a bigger selection of products. You can also find more information on each individual product by clicking "more info".

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"SAMPLE_COMPARISON_V2_TEMPLATE","nicheCode":"AUFHL","fields":[{"name":"LOAN_AMOUNT","value":"150000","options":"","label":"Borrowing Amount","suffix":"$","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"30","options":"","label":"Period","suffix":"years","useSuffixAsPrefix":false,"useDropDownOption":false,"tooltip":""}]}
Name Interest Rate p.a. Comparison Rate p.a. Fees Monthly Payment
Principal & Interest30% min. depositOwner-occupierOffset account
Interest Rate
5.99%
Comparison Rate
5.99%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$900
Go to site
Principal & Interest30% min. depositOwner-occupierOffset account
Interest Rate
5.99%
Comparison Rate
5.99%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$900
More Info
Principal & Interest30% min. depositInvestmentOffset accountRefinance Special
Interest Rate
6.99%
Comparison Rate
7.05%
Fees
Application: $0
Ongoing: $0 per month
Monthly Payment
$998
Principal & Interest20% min. depositInvestmentOffset accountRefinance Special
Interest Rate
7.49%
Comparison Rate
7.88%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$1,049
Principal & Interest20% min. depositOwner-occupier
Interest Rate
6.09%
Comparison Rate
6.09%
Fees
Application: $0
Ongoing: $0 p.a.
Monthly Payment
$909
loading
Showing 5 of 7 results

Homestar key facts

  • Homestar's home loan rates are some of the market's most competitive.
  • Homestar is an online lender. It has an online application process but no physical branches.
  • You need at least a 20% deposit for most Homestar home loans, so borrowers with small deposits may not qualify.

Review by our senior home loans writer Richard Whitten

Homestar home loan features

Here are the key features and details you need to know about Homestar's mortgage products.

FeatureDetails
Minimum depositHomestar loans have 80% maximum LVRs. This means you can borrow up to 80% with a Homestar mortgage.
Offset accountYou can get an offset account on some Homestar loans.
Repayment optionsBoth Homestar's fixed and variable rate loans allow you to make interest-only repayments for a limited period. The lender also offers the standard principal-and-interest repayments on its loans.
Split rateMost Homestar mortgages allow you to split your loan into fixed and variable portions.

How do I apply for a Homestar mortgage?

When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.

Eligibility

Each Homestar 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 Homestar 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:

📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.

📄 Identification documents. You will need identification such as a driver's licence, 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).

How to apply for a home loan

Lenders like Homestar

If you want to compare loans from similar lenders to Homestar then you can start with these online lenders. They all have competitive rates and may be a better match for your needs:

  • Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
  • Tic:Toc. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
  • UBank. A 100% online lender owned by NAB.
  • Loans.com.au. A Brisbane-based online lender, Loans.com.au is backed by Firstmac, Australia's largest non-bank lender.
  • ME Bank. Member's Equity was established back in 1994 and went fully digital in 2012.
  • ING. This online bank is part of the global, Dutch-based financial group of the same name.

More home loan questions

More guides on Finder

Ask a Question

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, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site