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Review by
Richard Whitten is a senior writer at Finder, and has been covering home loans and the property market in Australia for the last 4 years. He has written for Yahoo Finance, Money Magazine and Homely, as well as multiple banks and lenders. Richard has a Certificate IV in Finance and Mortgage Broking, a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communication. He enjoys helping people understand the ins and outs of mortgages so they can make smarter property decisions. Richard trained as a high school teacher but found it easier to manage personal finances than a classroom full of kids. Before joining Finder, he edited textbooks and taught English in South Korea.
This loan has a variable rate for principal and interest owner-occupier borrowers. The loan has a maximum LVR of 80%, which means you'll need a 20% deposit.
Homestar is an online lender. It doesn't have physical branches but offers customer support online and over the phone.
The Star Essentials Home Loan keeps fees to a minimum.
To apply for this product or get more information, click the green "Go to site" button and follow the application process to speak to a Homestar mortgage specialist. They'll talk you through eligibility requirements and help you with the application.