WLTH home loans

How we calculate Home Loan Finder Scores

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What different scores mean

9+

Excellent

These home loans offer low costs, coupled with a host of features, giving the best overall value.

7+

Great

These home loans may have slightly higher interest rates or fewer features but overall, a competitive offering.

5+

Standard

Usually the home loans would offer above average rates. They may still include some competitive features.

0+

Basic

Higher costs and/or fewer features.

Compare WLTH home loans

1 - 5 of 5

Updated regularly

Name	Finder Score	Interest Rate p.a.	Comparison Rate p.a.	Fees	Monthly Payment
WLTH Variable Home Loan Principal & Interest10% min. depositOwner-occupier WLTH Variable Home Loan Principal & Interest10% min. depositOwner-occupier Details Fees Pros & cons Product Name WLTH Variable Home Loan Interest Rate Type Variable rate Repayment Type Principal & Interest Interest Rate p.a. 6.44% Comp. Rate p.a. 6.55% Minimum Loan Amount Maximum Loan Amount N/A Maximum Loan Term Maximum LVR 90% Loan Redraw Facility Offset Account Split Loan Facility Fixed Interest Option Loan Portable Extra Repayments Application Fee $0 Lender's Legal Fee Valuation Fee Ongoing Fees $0 p.a. Settlement Fee Discharge Fee Pros Cons	Finder score 7.8 Great	Interest Rate 6.44%	Comparison Rate 6.55%		Monthly Payment $944	Continue Compare
WLTH Variable Home Loan Principal & Interest10% min. depositInvestment WLTH Variable Home Loan Principal & Interest10% min. depositInvestment Details Fees Pros & cons Product Name WLTH Variable Home Loan Interest Rate Type Variable rate Repayment Type Principal & Interest Interest Rate p.a. 6.74% Comp. Rate p.a. 7.25% Minimum Loan Amount Maximum Loan Amount N/A Maximum Loan Term Maximum LVR 90% Loan Redraw Facility Offset Account Split Loan Facility Fixed Interest Option Loan Portable Extra Repayments Application Fee $0 Lender's Legal Fee Valuation Fee Ongoing Fees $0 p.a. Settlement Fee Discharge Fee Pros Cons	Finder score 7.6 Great	Interest Rate 6.74%	Comparison Rate 7.25%		Monthly Payment $973	Continue Compare
WLTH SMSF Investment Principal & Interest20% min. depositInvestment WLTH SMSF Investment Principal & Interest20% min. depositInvestment Details Fees Pros & cons Product Name WLTH SMSF Investment Interest Rate Type Variable rate Repayment Type Principal & Interest Interest Rate p.a. 6.94% Comp. Rate p.a. 7.49% Minimum Loan Amount Maximum Loan Amount N/A Maximum Loan Term Maximum LVR 80% Loan Redraw Facility Offset Account Split Loan Facility Fixed Interest Option Loan Portable Extra Repayments Application Fee Lender's Legal Fee Valuation Fee Ongoing Fees $0 p.a. Settlement Fee Discharge Fee Pros Cons	Finder score 7.4 Great	Interest Rate 6.94%	Comparison Rate 7.49%		Monthly Payment $993	Continue Compare
WLTH Variable Home Loan Interest only20% min. depositInvestment WLTH Variable Home Loan Interest only20% min. depositInvestment Details Fees Pros & cons Product Name WLTH Variable Home Loan Interest Rate Type Variable rate Repayment Type Interest Only Interest Rate p.a. 7.14% Comp. Rate p.a. 7.65% Minimum Loan Amount Maximum Loan Amount N/A Maximum Loan Term Maximum LVR 80% Loan Redraw Facility Offset Account Split Loan Facility Fixed Interest Option Loan Portable Extra Repayments Application Fee $0 Lender's Legal Fee Valuation Fee Ongoing Fees $0 p.a. Settlement Fee Discharge Fee Pros Cons	Finder score 7.1 Great	Interest Rate 7.14%	Comparison Rate 7.65%		Monthly Payment $1,013	Continue Compare
WLTH Fixed SMSF Investment Principal & Interest 3Y Fixed20% min. depositInvestment WLTH Fixed SMSF Investment Principal & Interest 3Y Fixed20% min. depositInvestment Details Fees Pros & cons Product Name WLTH Fixed SMSF Investment Interest Rate Type Fixed rate Repayment Type Principal & Interest Interest Rate p.a. 7.54% Comp. Rate p.a. 7.86% Minimum Loan Amount Maximum Loan Amount N/A Maximum Loan Term Maximum LVR 80% Loan Redraw Facility Offset Account Split Loan Facility Fixed Interest Option Loan Portable Extra Repayments Application Fee Lender's Legal Fee Valuation Fee Ongoing Fees $0 p.a. Settlement Fee Discharge Fee Pros Cons	Finder score 1.2 Basic	Interest Rate 7.54%	Comparison Rate 7.86%		Monthly Payment $1,054	Continue Compare

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WLTH key facts

• WLTH is an Australian financial technology company that provides Australians with financial products, like home loans.
• WLTH is partnered with environmental organisation Parley for the Oceans. Not only does it assist with cleanups but it offers cards made from recovered and recycled plastics.
• Borrowers can access WLTH's home loans directly or through finance brokers.

WLTH home loans features

• Loan purpose: Solutions for buying, refinancing, investing and building.
• Offset account: You can maximise your savings with a 100% offset account attached to the loan.
• No application fee: There's no upfront cost to apply for your home loan.
• Loan-to-value ratio: You can borrow with a 10% deposit.
• Fast application: WLTH's online 5-step application process can be completed within 15 minutes.
• Social responsibility: WLTH has partnered with Parley for the Ocean. For every home loan that's settled WLTH will help the organisation clean 50m2 of beach or coastline in Australia and around the world. .

How do I apply for a WLTH home loan?

WLTH has a simple, online 5-step application process that can be completed in 15 minutes. If you need any support it has dedicated lending specialists ready to help.

Step 1: Loan details. This includes the amount you want to borrow, how many applicants there are and whether you're living in the home or investing.
Step 2: About you. Fill in the About You section with your personal information.
Step 3: Income. You can link your accounts rather than uploading bank statements and payslips.
Step 4: Assets. Call out any other assets you have.
Step 5: Expenses. You'll need to detail any expenses you have, usually looking at the last 3-6 months.
Step 6: Documents. Upload any supporting documents, like your ID.

More questions about WLTH home loans

• How does WLTH compare with other home loans?

  All home loans really depend on your own circumstances. Like how much deposit you have, what features you're interested in and what your purpose of the loan is. So while WLTH would be great for some borrowers, it might not work so well for others.

  The great thing about WLTH is that it offers 90% LVR loans and a speedy online application process.

  To get a good idea of how WLTH might compare for your needs, you should
  compare all home loans across the market.

• Are there any risks of going with a smaller lender?

  Any lender, whether they're a bank or a non-bank, large or small, is tightly regulated. WLTH is still responsible under the Consumer Credit Code, which governs all credit transactions in Australia. They're also responsible under the Australian Securities and Investments Commission (ASIC).

  And besides, they're the ones lending you money.

• What's the difference between a bank and a non-bank?

  A bank holds a banking licence, while a non-bank does not. This just means that banks are able to hold your money in products like bank accounts or savings accounts. Non-banks typically focus on lending money instead.

  Some non-banks might charge higher interest rates than standard banks, but they can typically service more borrowers. Non-banks have more of an appetite for customers outside of APRA's lending guidelines. For example, while banks will assess a borrower's ability to pay the loan if the rate was 3% higher, non-banks are more likely to look at lower serviceability buffers.

Written by

Rebecca Pike

Senior Money Writer

Rebecca Pike is Finder’s senior money writer, with over 10 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise, A Current Affair, 9News, and Sky News, and contributes expert analysis to publications like Yahoo Finance and The Latch. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise

Rebecca has written 229 Finder guides across topics including:

• Home loans
• Cost of living
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