Home loans for those who prefer to research and organise online.
Online Home Loans caters to borrowers who are happy to borrow from a digital lender. The company's lending specialists are available for a chat over email, live chat, through its Facebook page or over the phone.
Online Home Loans is also a broker with a panel of lenders and the company also offers its own mortgages funded through Homeloans.com.au. Read on to compare its home loans and find out more about the company.
Who is Online Home Loans?
Online Home Loans is a challenger brand backed by leading non-bank lender Resimac. Because Online Home Loans is web-based and doesn't have physical branches, it has lower overheads and can pass on competitive rates to you.
What home loans does Online Home Loans offer?
Flexi Choice Prime
Online Home Loans offers the Flexi Choice Prime, a mortgage that comes in fixed and variable products, with options for investors and both interest only and principal and interest repayments.
What other services does Online Home Loans offer?
Online Home Loans also offers a mortgage broking service. A mortgage broker can help evaluate your requirements and then sort through home loans from many different lenders, including the big four banks and smaller lenders. They’ll then recommend the best mortgage products for you. Because mortgage brokers earn a commission from the lender that you choose, you pay no fee for this service.
Find out more about Online Home Loans’ broking service in our review
Online Home Loans lending panel
Online Home Loans is also a mortgage broker with access to mortgages from over 30 lenders from across the market. Lenders in their panel include:
- Adelaide Bank
- AFM
- AMP
- Bankwest
- Bank of Melbourne
- Bank of Queensland
- Bluestone
- Citi
- Commonwealth Bank
- Heritage Bank
- Homeloans.com.au
- La Trobe Financial
- Liberty
- ME Bank
- MKM Capital
- MyState
- NAB
- National Corp
- Pepper Money
- Qudos Bank
- Suncorp Capital
- St.George
- Westpac
How to apply for a loan from Online Home Loans
If you’re interested in any of Online Home Loans’ products, you can read more about them by clicking the links in the table above. This will lead you to a review page for each product, describing the product's details and how to apply.
Have property worth around 500,000. want to build again and get a loan for 430.000 to build then sell the other property and put the money from it on the other loan. can this be done.
Hello julee,
As a friendly reminder, please note that finder is an Australian comparison website and general information service.
While we do not represent any company we feature on our pages, we can offer you general advice.
To answer your question above, yes, that may be done.
You may also want to view this page for a list of mortgage brokers as well as a comparison table to guide you in making an informed decision.
Hope this helped.
Cheers,
Gru