About this loan
What are the features and benefits of the Qantas Money home loan?
- Loan purpose.The Qantas Money home loan is for investors and owner-occupiers.
- Loan to value ratio. You can borrow up to 90% of your property's value for new loans or 90% for refinances.
- Loan amount.With this loan, you can borrow up to $3,000,000, with a minimum loan size of $300,000.
- Extra repayments.This loan allows you to make additional repayments up to $20,000.
- Offset account.You have the option of attaching an offset account to your home loan, but at a cost of $10 per month.
- Qantas Points Every year, for the life of the loan you will get 100,000 Qantas Points.
How to apply
To apply for this home loan or learn more about it, click the green button and follow the steps to connect with Qantas and start an application.
To apply for a Qantas Money home loan, visit the Qantas website where you can apply online. The process includes digital verification of identity and settlement processes for most applications.
Make sure you have the relevant documents, as below, to complete your application. The application can be completed in minutes and Qantas will confirm borrower details in real time.
For any problems you can use the system's WebChat during the application, as well as 7-day customer support.
Here are some documents that may be required:
- 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).
Eligibility
When applying for a Qantas Money home loan, a borrower should generally meet the following criteria:
- 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.
- Qantas Membership. You must be or intend to become a member of the Qantas Frequent Flyer program.
Marcus De Oliveira
December 15, 2023
For those willing to apply, make sure you request the offset account to be offered in the contract. I sign up with Qantas Money, and when I request to set up an offset account, I ‘ve been told that it’s a contract variation to add it and it will be at cost of $150 to have it done, apart of course from those $10 monthly fee. On the advertisement they say it will be offered, but it’s not clear how.
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