Top online mortgage lenders in Australia

The details:

If you’re looking to dip your toes into the online lending pool then allow us to introduce you to the Loans.com Smart Booster Home Loan. This loan offers a crazy-low 1.85% p.a. variable rate (2.21% p.a. comparison rate*) for the first year (with a low 2.25% p.a. revert rate) to owner-occupiers who opt for the one-year discount special. On top of this, you’ll also have the option to add an offset account with an additional 0.10% interest. And as if that’s not enough, this nifty loan received not one, but two 2021 Mozo Experts Choice Awards^ in the Low Cost Home Loan and Offset Home Loan categories.

The details:

With a new super-low 2.34% p.a. variable interest rate (2.34% p.a. comparison rate*) on amounts above $100,000, the UBank UHomeLoan Discount Offer left this year’s Mozo Experts Choice Home Loan Awards^ with two wins in the Low Cost Home Loan and Split Home Loan categories. Homebuyers and refinancers will also appreciate the features on offer, such as the ability to make free extra repayments and access a redraw facility. Just keep in mind that the Discount Offer is only available to borrowers with a minimum 20% deposit.

Where do I get it? Head over to UBank to find out more >>

The details:

Since it first burst onto the scene in 2019, Athena Home Loans has scored plenty of goodwill with Aussies thanks to its low interest rates and habit of passing on RBA rate cuts in full. The Athena Celebrate Variable Home Loan offers the same great rates to both new and existing borrowers, and as an added bonus to reward borrowers for paying down their mortgage, they will automatically lower your rate as you pay off your loan. This home loan is available to refinancers and new borrowers purchasing in capital or major regional cities and was enough to impress the judges of the 2021 Mozo Experts Choice Home Loan Awards^ in which it won this year’s Home Loan Innovation Award.

Where do I get it? Head over to Athena to find out more >>

The details:

The Well Home Loans Well Balanced Variable showed a superb display of performance in the 2021 Mozo Experts Choice Home Loan Awards^, taking out a whopping five awards in total. This home loan offers a competitive 1.84% p.a. (2.01% p.a. comparison rate*) for borrowers who pay a 20% deposit, plus a range of fab features, such as the ability to make free extra repayments, a redraw facility and no ongoing fees. In addition, you’ll be also able to tailor your mortgage to suit your needs thanks to the split loan option and optional offset account for $10 a month.

Where do I get it? Head over to Well Home Loans to find out more >>

The details:

With a maximum LVR of 60%, the 86 400 Neat variable Home Loan is packed with a punch in value - offering variable interest rates from as little as 2.19% p.a. (2.20% p.a. comparison rate*) for owner-occupiers and from 2.44% p.a. (2.45% p.a. comparison rate*) for investors. On top of this, the mortgage charges minimal fees and offers a range of flexible features, like free extra repayments and a free redraw facility all up for grabs. Not to mention, it is currently offering a limited-time cashback deal, and even received not one, but two 2021 Mozo Experts Choice Awards^ in the Low Cost Home Loan and Investor Home Loan categories.

Where do I get it? Head over to 86 400 to find out more >>

The details:

Customers can borrow between $150,000 and $1,500,000 with this competitive home loan from Yard. It includes a number of handy features to make the path to home ownership that much easier and affordable, including the ability to make free extra repayments and access a redraw facility in case you need the cash in your pocket again. An offset account is also available to help you save on interest, but this costs $10 per month. And with interest rates running on a tiered LVR system that start as low as 1.99% p.a. (2.02% p.a. comparison rate*), it’s no wonder this mortgage took home Mozo awards in the Offset Home Loan and Low Cost Home Loan categories in 2021.

Where do I get it? Head over to Yard to find out more >>