Virgin Money Home Loans Comparison

Rates and fees last updated on

Virgin Money has re-entered the Australian home loan market.

Virgin Money Home Loans

Virgin Money Australia is a financial services business that operates under the global Virgin brand.

Initially launching Virgin Money credit cards in 2003, the company added superannuation and home loans to its product suite in 2008.

Virgin Money also offers savings accounts, credit cards, home insurance, travel insurance and other insurances.

Limited Time Offer

For a limited time, Virgin Money is offering 30,000 Velocity Points for every $100,000 you borrow when you take out a Virgin Money Reward Me fixed or variable principal and interest loan with LVR of 90% or lower. You can also receive 1,000 points for every month of the loan and an extra 30,000 points every 3 years.

Eligible customers will receive the points upon settlement of the loan. To qualify you must apply by 31 October 2017 and settle by 31 January 2018.

Other terms and conditions may apply.

Compare Virgin Money Home Loans

Rates last updated November 23rd, 2017
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Name Product Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment Short Description
3.64%
3.78%
$0
$10 monthly ($120 p.a.)
80%
A competitive variable rate home loan with flexible features. You can earn 30,000 Velocity Points for every $100k you borrow (for a limited time, subject to eligibility requirements).
3.79%
4.00%
$0
$10 monthly ($120 p.a.)
90%
Get a competitive interest rate for 3 years and a discounted variable rate when the fixed period ends.
3.68%
3.82%
$0
$10 monthly ($120 p.a.)
80%
Borrow up to $500000 and earn $30,000 Velocity Points for every $100k you borrow (terms and conditions apply).
4.24%
4.06%
$0
$10 monthly ($120 p.a.)
95%
Get a companion account that offsets interest. For a limited time, earn 30,000 Velocity Points for every $100k you borrow. Terms and conditions apply.
3.99%
4.05%
$0
$10 monthly ($120 p.a.)
90%
Get a competitive 3-year fixed rate and the opportunity to earn Velocity Points. For a limited time, earn 30,000 Velocity Points for every $100k you borrow. Terms and conditions apply.
4.49%
4.27%
$0
$10 monthly ($120 p.a.)
90%
Lock in a competitive rate with the option to make $10k in extra repayments per year. For a limited time, earn 30,000 Velocity Points for every $100k you borrow. Terms and conditions apply.
3.99%
4.04%
$0
$10 monthly ($120 p.a.)
90%
Enjoy a competitive rate with no application fee. For a limited time, earn 30,000 Velocity Points for every $100k you borrow. Terms and conditions apply.
4.34%
4.18%
$0
$10 monthly ($120 p.a.)
90%
A 4-year fixed rate that allows additional repayments up to $10,000 per year. For a limited time, earn 30,000 Velocity Points for every $100k you borrow. Terms and conditions apply.
4.09%
4.22%
$0
$10 monthly ($120 p.a.)
90%
Earn 30,000 Velocity points (for every $100k you borrow, subject to eligibility requirements) and borrow up to 90% LVR with a competitive rate and the ability to redraw.
4.84%
4.97%
$0
$10 monthly ($120 p.a.)
95%
A home loan with a 100% offset account, redraw facilities and unlimited additional repayments.
3.68%
3.82%
$0
$10 monthly ($120 p.a.)
80%
Redraw facility available on this variable rate home loan that also earns you 30,000 Velocity points for every 100k borrowed (terms and conditions apply).
4.04%
4.17%
$0
$10 monthly ($120 p.a.)
90%
A variable rate home loan with no application fee, 100% offset attached and the ability to earn 30,000 Velocity points for every 100k borrowed (subject to eligibility requirements).
4.84%
4.97%
$0
$10 monthly ($120 p.a.)
95%
A flexible variable rate home loan with features that include unlimited extra repayments, redraw facility and 100% interest offset.
3.99%
4.12%
$0
$10 monthly ($120 p.a.)
90%
Enjoy a discounted rate, flexible benefits and be rewarded with 30,000 Velocity Points for every 100k borrowed as well. Terms and conditions apply.
4.84%
4.97%
$0
$10 monthly ($120 p.a.)
95%
A variable rate home loan with a low minimum deposit.
4.34%
4.34%
$0
$10 monthly ($120 p.a.)
90%
Earn Velocity points on a competitive 1-year fixed rate with the option to make additional repayments up to $10,000 per annum.
4.05%
4.30%
$0
$10 monthly ($120 p.a.)
90%
Lock in your interest rate on your investment property for 2 years and earn some Velocity points on the way.
4.14%
4.31%
$0
$10 monthly ($120 p.a.)
90%
Earn Velocity points with your investment home loan and lock in this 3 years fixed rate.
4.44%
4.41%
$0
$10 monthly ($120 p.a.)
90%
Get rewarded with Velocity Points on settlement, monthly and every 3 years with fixed rate home loan for your investment.
4.39%
4.52%
$0
$10 monthly ($120 p.a.)
90%
Borrow from $500000 up to $750000. You can also earn 30,000 Velocity points for every $100k borrowed (subject to terms and conditions).
4.59%
4.49%
$0
$10 monthly ($120 p.a.)
90%
Lock in your rate for 5 years and enjoy repayment certainty whilst also earning Velocity points.
4.09%
4.23%
$0
$10 monthly ($120 p.a.)
80%
Enjoy the perks including a discounted rate, no application fees, and the ability to earn 30,000 Velocity points for every $100k borrowed (subject to terms and conditions).
4.34%
4.47%
$0
$10 monthly ($120 p.a.)
90%
Enjoy the discounted rate and get rewarded with 30,000 Velocity Points for every $100k borrowed as well (terms and conditions apply).
4.09%
4.23%
$0
$10 monthly ($120 p.a.)
80%
A competitive variable rate home loan with no application fee. Earn up to 30,000 Velocity Points for every 100k borrowed (subject to eligibility requirements).
3.99%
4.13%
$0
$10 monthly ($120 p.a.)
80%
Earn 30,000 Velocity Points (subject to eligibility) for every $100k borrowed with this variable rate home loan that has a 100% offset account attached.
4.44%
4.57%
$0
$10 monthly ($120 p.a.)
90%
A flexible variable rate home loan that includes the ability to redraw and earn 30,000 Velocity points for every $100k borrowed (terms and conditions apply).

Compare up to 4 providers

What home loans are offered by Virgin Money Australia?

Virgin Money Australia offers fixed and variable rate home loans, both of which reward borrowers with Virgin Velocity Points.

Reward Me Variable Rate Home Loan

Virgin Money Australia's Reward Me Variable Rate Home Loan offers discounts for lower loan-to-value ratios (LVRs), and rewards borrowers with Virgin Velocity Points on settlement, monthly and every three years. It also allows unlimited additional repayments, and comes with a redraw facility and 100% offset account.

Reward Me Fixed Rate Home Loan

Virgin Money Australia's Reward Me Fixed Rate Home Loan is available for terms of one to five years. Like the Reward Me Variable Rate product, it rewards borrowers with Virgin Velocity Points on settlement, monthly and every three years. It also offers a rate lock for up to 100 days after application, the ability to make up to $10,000 per year in extra repayments and a 100% offset account on its one year fixed rate loan.

Why should I consider Virgin Money Australia?

  • Backed by a reputable local provider. Virgin Money offers mortgage products backed by Bank of Queensland. This means that Virgin Money Australia can access the resources and networks offered by BoQ.
  • Diversity. Virgin Money Australia offers a range of financial products including home loans, insurance, superannuation and credit cards.
  • Brand. As part of the global Virgin network, Virgin Money Australia is a trusted and reputable brand.

How do I apply for a Virgin Money Australia home loan?

Virgin Money Australia's products are offered exclusively through mortgage brokers. Visit the Virgin Money Australia website to find the lender's panel of approved brokers.

What documents do I need to apply for a Virgin Money Australia home loan?

To apply for a Virgin Money Australia home loan you’ll need to supply the following information:

Personal details

You’ll need to provide your personal details, including:

  • Full name
  • Address
  • Contact information
  • Proof of ID.

Property details

You may be required to supply information about the property you’re planning on purchasing with the home loan such as location and estimated value, as well as:

  • Contract of sale
  • Certificate of title
  • Transfer of land documents

Financial details

Virgin Money Australia may need information regarding your employment and income, including:

  • Your credit history
  • Your employment status
  • Your income
  • Any assets you own
  • Any liabilities in your name and other ongoing expenses

Velocity membership details

If you are already a Virgin Velocity member, you'll need to provide Velocity Frequent Flyer Member Number.

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This page was last modified on 10 October 2017 at 9:34am.

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