ING

ING home loans

ING's home loan rates start from 1.84%.

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ING is an online Australian bank owned by the multinational ING Group. ING offers various fixed and variable home loans online, as well as banking, insurance and superannuation products. Check out the full table of ING products below or read more about the lender and its loans.

Compare ING home loan rates for September 2021

Hit the "Load more" button to see a bigger selection. You can also find more information on each individual product by clicking "More Info".

$
years
Name Product Interest Rate (p.a.) Comp. Rate (p.a.) Fees Monthly Payment

ING Orange Advantage Loan P&IInvestment≥ 20% Deposit

ING Orange Advantage Loan
2.69%
3.03%
  • App: $0
  • Ongoing: $299 p.a.
$609
Investors get a 100% offset account and a special rate when borrowing $1,000,000 or more. $3,000 cashback for eligible refinancers borrowing $500,000 or more. Terms and conditions apply.

ING Orange Advantage Loan P&IInvestment≥ 20% Deposit

ING Orange Advantage Loan
2.69%
3.03%
  • App: $0
  • Ongoing: $299 p.a.
$609
Investors can get a discounted rate for higher borrowing amounts, and get access to a 100% offset account. $3,000 cashback for eligible refinancers borrowing $500,000 or more. Terms and conditions apply.

ING Orange Advantage Loan IOHome≥ 20% Deposit

ING Orange Advantage Loan
2.95%
3.29%
  • App: $0
  • Ongoing: $299 p.a.
$630
Get a fully-featured loan with a 100% offset account and discounts for higher borrowing amounts. $3,000 cashback for eligible refinancers borrowing $500,000 or more. Terms and conditions apply.

ING Mortgage Simplifier Home Loan P&IInvestment≥ 20% Deposit

ING Mortgage Simplifier Home Loan
2.64%
2.67%
  • App: $0
  • Ongoing: $0 p.a.
$605
Borrowing $1m or more to invest in property? Get a 100% offset account and a special rate. $3,000 cashback for eligible refinancers borrowing $500,000 or more. Terms and conditions apply.
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ING key facts

  • ING's home loan rates are lower than the market average. ING offers fixed and variable rate loans for investors and owner-occupiers, and some loans come with offset accounts.
  • ING is an online lender. The bank has phone, email and banking app support.
  • You can get certain ING loans with a deposit as low as 5%, including some of its lowest rates.
  • In addition to home loans, ING also offers savings accounts, transaction accounts and term deposits.

Review by our senior home loans writer Richard Whitten.

ING mortgage features

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

FeatureDetails
Deposit sizeYou can borrow up to 95% on some ING mortgages.
Offset accountYou can get an offset account on ING's Orange Advantage loan.
ING loans don't come with offset accounts.
Repayment optionsING's home loans allow you to make interest-only repayments or principal-and-interest repayments.
Split rateMost ING mortgages allow you to split your loan into fixed and variable portions.

How do I apply for an ING home loan?

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 ING 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 ING 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 ING

If you want to compare loans from similar lenders to ING 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.
  • Homestar. A 100% online lender, Homestar has been providing mortgages to Australian borrowers since 2004.
  • 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.
  • UBank. This online bank is actually owned by NAB.

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14 Responses

    Default Gravatar
    SuzanneJuly 30, 2019

    Hi
    I would like to talk to someone about refinancing our home loans, how do i go about this?

      Default Gravatar
      NikkiJuly 30, 2019

      Hi Suzanne,

      Thanks for getting in touch with Finder! It’s great to know you’re interested in a home loan with ING. To quickly know the steps on how to apply for an ING mortgage, please go to the part of the page above saying “How do I apply for an ING mortgage?” To get a quote and directly speak with them, click the GREEN GO TO SITE button that can be found inside the table that lists the types of mortgages ING offers on the first part of the page.

      As a friendly reminder, carefully review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps!

      Best,
      Nikki

    Default Gravatar
    JimApril 4, 2018

    Does Ing have an investment home loan up to 90% LVR??

      Avatarfinder Customer Care
      JoanneApril 4, 2018Staff

      Hi Jim,

      Thanks for reaching out.

      ING can lend up to 95% of the value of the property you wish to buy with some of their loans that you can find on the table above. You can press the “More info” link to be redirected to our review page and learn more about the loan offer, rates, and requirements as well as the pros and cons of using their loan service. When you are ready, simply head to ING’s website to 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 also contact the provider if you have specific questions. Alternatively, you can speak to a mortgage broker who can take your personal circumstance into account and offer you a range of borrowing options.

      Cheers,
      Joanne

    Default Gravatar
    JodiAugust 2, 2014

    I have just renewed my fixed home loan for 2 more years, what is the fee amount for breaking my contract if I sell my house?

      Avatarfinder Customer Care
      ShirleyAugust 4, 2014Staff

      Hi Jodi,

      Please contact ING Direct for an exact quote regarding your break costs.

      It is generally calculated using the following formula: The amount of principal remaining x the remaining term of the fixed interest period x the movement in ING Direct’s cost of funds.

      Cheers,
      Shirley

    Default Gravatar
    barbaraJune 16, 2014

    I have been with ING for many years, love the savings account. Just wondering whether I would be eligible for a home loan based on the fact that I own a unit in Sydney ( Naremburn ) which is now valued at approx $600,000. I am currently studying and no longer earning an income as such, but have an allocated pension from my super of $763.00 per fortnight.Also receive a very small amount from Centrelink as Austudy. Would love to hear whether I have any options. Kindest Regards, Barbara

      Avatarfinder Customer Care
      MarcJune 17, 2014Staff

      Hi Barbara,

      Thanks for the question.

      ING DIRECT has its own unique lending criteria which are kept under wraps as the case with every other bank and lender. I would suggest contacting ING DIRECT directly to discuss your options with them rather than make an online application online, as this will give you an opportunity to discuss your options in relation to your assets and income considerations. For more tips, you may consult our guide on pensioners 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 hope this helps,
      Marc.

    Default Gravatar
    AdamSeptember 17, 2013

    I would like to refinance my loan to make renovations and to have it ready for a head lease for two years at $450 a week?

      Default Gravatar
      nadhemJune 15, 2014

      Hi dear sir. I have 80,000 cash deposit to buy a house to live in it.

      Avatarfinder Customer Care
      ShirleyJune 16, 2014Staff

      Hi Nadhem,

      Thanks for your question.

      You compare home loans to find the one that best suits you. Alternatively, you could speak to a mortgage broker.

      Our borrowing power calculator can also help along with our first homebuyers guide.

      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

      Avatarfinder Customer Care
      ShirleySeptember 18, 2013Staff

      Hi Adam,

      Thanks for your comment.

      Directly enquiring with ING DIRECT will give you a better indication of what your repayments will be. You can do so by choosing the loan you would like to refinance head over to their website.

      You can also use our home loan repayment calculator for a rough estimate of your repayments.

      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.

      Hope this helps,
      Shirley

      Default Gravatar
      JulieOctober 19, 2013

      is there any account fee? what rate for variable offset account? my current variable rate is 4.98% with nab, but my friend told me that he got better offer from your bank.
      please call me

      Avatarfinder Customer Care
      ShirleyOctober 21, 2013Staff

      Hi Julie,

      Thanks for your comment.

      The ING DIRECT Action Equity home loan does not have an annual fee and there is no offset account available.

      You may want to compare our featured best home loans for a better interest rate.

      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.

      Hope this helps,
      Shirley

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