Reduce Home Loans Reviews, Rates & Comparison | Finder

Reduce Home Loans comparison

Compare Reduce home loan rates for April 2021.

Reduce Loans

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Find everything you need to know about Reduce home loans on this page. Skip ahead to the full table of products or read more about Reduce home loans below.

Compare Reduce Home Loans

Compare Reduce home loans below. Hit "load more" to see a fuller selection of home loans.

Data updated regularly
$
years
Name Product Interest Rate (p.a.) Comp. Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
Reduce Home Loans Home Owners Dream Fixed
1.99%
2.53%
$0
$0 p.a.
80%
$554.81
Reduce Rate Lovers Variable Home Loan
2.49%
2.56%
$0
$0 p.a.
80%
$593.01
This low variable rate loan comes with a free redraw account and no ongoing fees, as well as flexible repayments.
Reduce Rate Slasher Variable Home Loan
2.39%
2.44%
$0
$0 p.a.
80%
$585.25
Get a low variable rate home loan and pay less interest. Optional offset account (with a $10 monthly fee.
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Reduce lender profile

  • Reduce Home Loans is a licensed and regulated finance brokerage that sources home loans from a variety of Australian lenders.
  • Reduce is a brokering company that has funding lines from more than 25 accredited funders including a pool of funds that comes partially from the big four banks.

How do I apply for an Reduce mortgage?

You can learn more about a specific Reduce mortgage by clicking through to that product's review page.

Eligibility

Each Reduce product have specific eligibility criteria but some will apply to all products. These include:

  • 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 Reduce 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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2 Responses

    Default Gravatar
    stevenMarch 28, 2019

    I am a pensioner my wife and I own our home and we now want too sell this one and buy another home within 2 hours of Sydney. Would you be able to lend money to help buy?

      Avatarfinder Customer Care
      JeniMarch 30, 2019Staff

      Hi Steven,

      Thank you for getting in touch with Finder.

      If you consider getting a loan with Reduce Home Loans please visit their official page for more info on their offered financial products and compare which would suit your needs.

      You may refer to our pensioner home loans and mortgages for over 55s guide to know how to get mortgage on pension. I also suggest that you seek help from a mortgage broker as they can help you pick the right home loan for you.

      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.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

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