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Virgin Money home loans comparison

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, new customers who apply for a Virgin Money Reward Me Home Loan with a loan-to-value ratio of 90% or less can earn 20,000 points for every $100,000 they borrow. To qualify, you must apply between 5 March and 31 May 2018 and settle before 31 August 2018.

With average property prices edging over the $1 million mark in many Australian capitals, you could earn as many as 200,000 points from your Reward Me Home Loan. That's enough to send two people return economy from Sydney to Los Angeles.

Other terms and conditions may apply.

Compare Virgin Money Home Loans

Rates last updated June 20th, 2018
$
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%
Earn Velocity Points on your mortgage (for a limited time, subject to eligibility requirements). Plus, access a 100% offset account to save on interest.
3.87%
3.87%
$0
$10 monthly ($120 p.a.)
90%
Get Virgin Velocity Points at settlement, monthly and every three years, plus the option to make up to $10,000 a year in extra repayments.
3.68%
3.82%
$0
$10 monthly ($120 p.a.)
80%
Borrow up to $500000 and earn Velocity Points (terms and conditions apply).
4.24%
3.87%
$0
$10 monthly ($120 p.a.)
95%
Get a companion account that offsets interest. For a limited time, earn Velocity Points. Terms and conditions apply.
3.99%
3.90%
$0
$10 monthly ($120 p.a.)
90%
Get a competitive 3-year fixed rate and the opportunity to earn Velocity Points based on your borrowing amount. Terms and conditions apply.
4.49%
4.15%
$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 Velocity Points. Terms and conditions apply.
3.99%
3.87%
$0
$10 monthly ($120 p.a.)
90%
Enjoy a competitive rate with no application fee. For a limited time, earn Velocity Points. Terms and conditions apply.
4.34%
4.04%
$0
$10 monthly ($120 p.a.)
90%
A 4-year fixed rate that allows additional repayments up to $10,000 per year and earn Velocity Points. Terms and conditions apply.
4.09%
4.23%
$0
$10 monthly ($120 p.a.)
90%
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. Competitive interest rate.
4.04%
4.18%
$0
$10 monthly ($120 p.a.)
90%
A variable rate home loan with no application fee and a 100% offset attached.
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%
4.13%
$0
$10 monthly ($120 p.a.)
90%
Enjoy a discounted rate, flexible benefits and the chance to earn Velocity Points. 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%
4.25%
$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%
4.22%
$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%
4.24%
$0
$10 monthly ($120 p.a.)
90%
Earn Velocity points with your investment home loan and lock in this 3 years fixed rate.
4.29%
4.29%
$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.
4.19%
4.33%
$0
$10 monthly ($120 p.a.)
90%
Investors can borrow from $500000 up to $750000.
4.59%
4.43%
$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%
A variable investor loan with principal and interest repayments.
4.09%
4.23%
$0
$10 monthly ($120 p.a.)
90%
Enjoy the discounted rate and get rewarded with Velocity Points (terms and conditions apply).
3.99%
4.13%
$0
$10 monthly ($120 p.a.)
80%
A competitive variable rate home loan with no application fee.
3.89%
4.03%
$0
$10 monthly ($120 p.a.)
80%
Earn Velocity Points (subject to eligibility) with this variable rate home loan that has a 100% offset account attached.
4.19%
4.33%
$0
$10 monthly ($120 p.a.)
90%
A flexible variable rate home loan for investors.

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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