Tic:Toc is an Australian fintech that offers a complete end-to-end online home loan experience.
Tic:Toc’s online lending platform can offer eligible customers full home loan approval in as little as 22 minutes. The platform’s digital decisioning system eliminates the need for a human credit assessor and automates document collection and verification.
The lender is backed by Bendigo and Adelaide Bank.
Home Loan Offer
With the Tic:Toc Live in Loan Variable Rate Home Loan enjoy a home loan with no application or ongoing fees as well as a competitive interest rate. Borrow up to 80% of the property's value.
- Interest rate of 3.58% p.a.
- Comparison rate of 3.59% p.a.
- Application fee of $0
- Maximum LVR: 80%
Compare Tic:Toc's home loans in the table below
Types of home loans offered by Tic:Toc
Variable rate home loan
This is a basic, straightforward loan available to both owner-occupiers and investors. It carries no application, settlement or valuation fees, and has a maximum loan-to-value ratio (LVR) of 80%. The Tic:Toc variable rate loan also allows unlimited additional repayments and free redraw. You can add an offset account for a $10 per month service fee.
Fixed rate home loan
The Tic:Toc fixed rate home loan is available for terms of 1, 2, 3, 4 or 5 years, and is available to both owner-occupiers and investors. It has a maximum loan-to-value ratio (LVR) of 80%, and carries no application, settlement or valuation fees. The loan allows up to $20,000 in additional repayments and up to $20,000 in free redraws. There are no ongoing fees, though you can add an offset account for a $10 monthly service fee.
How do I apply for a home loan from Tic:Toc?
You can visit Tic:Toc’s website and click the “Apply Now” button to be taken through the application process. If you’re eligible, you can expect approval in as little as 22 minutes, and receive your settlement documents in as little as 30 minutes to two days.
Tic:Toc lends for established homes, not off-the-plan or vacant land. To be eligible, you must be purchasing property in a capital city or major regional centre. At time of writing, Tic:Toc does not lend in Tasmania or the Northern Territory.
When you apply, you’ll need to have a few details handy, including:
- A current driver’s licence, passport or Medicare card
- Details of household income and expenses
- Three months of banking transaction statements or internet banking logins
- The address and estimated value of the property you’re purchasing
- Your proposed borrowing amount