Tic:Toc launches low deposit and $1,000 cashback home loan offer

By Remy Taylor · · 2 min read
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Mozo Experts Choice Online Home Lender of the Year 2019, Tic:Toc, has just spun a great new offer into the web of its great value home loan products.

From today, borrowers can access low-cost home loans from the online lender with as little as 10% deposit. By closing the loan-to-value ratio (LVR) gap, Tic:Toc hopes to take the pressure off borrowers with a low deposit or less equity in their home.

Tic:Toc founder and CEO, Anthony Baum, said the lender hopes to give first home buyers a leg up in the ever-challenging housing market. Comparing the big four banks’ average standard variable with Tic:Toc’s low deposit option, he said customers borrowing $500,000 could save as much as $510 a month on repayments - that’s over $6,000 in a year!

“We’re proud to offer first home buyers the same opportunity to access our award-winning home loans, as customers who have been fortunate enough to build equity in an existing home or save larger deposits,” he said.

“While housing affordability is a huge concern for home buyers, it’s actually a good time to have a home loan because of market competition. Online home loans are typically reserved for customers with a 20% deposit, so we’re excited to give first home buyers, and those homeowners with a smaller equity base, the same home finance options.”

RELATED STORY: Meet the lenders taking on the big banks in 2019

But that’s not all, the fintech lender has also launched a $1,000 cashback offer to all new customers who take out a Tic:Toc home loan, no matter how much you’re borrowing or what type of loan you take out.  This means those entering the property market for the first time, with at least a 10-20% deposit, can access the keys to their home sooner rather than later.

As an innovative fintech lender, Tic:Toc’s home loans have benefits galore, here are just some of the great features that come with the low deposit home loan:

  • Less than 22 minute online home loan application
  • No application, valuation, assessment or settlement fees
  • $1,000 cashback on settlement
  • Free redraw facility

If you’re after a low deposit home loan to help you get into the property market, head over to our low deposit home loan comparison tool to check out more great low deposit home loan options, or take a look at the table below.

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can compare more home loans here.
Last updated 5 December 2025 Important disclosures and comparison rate warning*
What are your home loan needs?
Loan purpose
Buying or Refinancing
  • Promoted

    Unloan Variable Home Loan

    • Owner occupier
    • Principal & Interest
    • 20% min deposit
    • Redraw available
    Interest rate
    5.19 % p.a.
    Variable
    Comparison rate
    5.10 % p.a.
    Initial monthly repayment
    $2,742
    Go to site
    • The first home loan with an automatic loyalty discount (conditions apply)
    • No application or banking fees
    • Built by CommBank

  • First Home Buyer Loan

    • Owner occupier
    • Principal & Interest
    • 5% min deposit
    • For first home buyers
    • Offset available
    • Redraw available
    Interest rate
    4.99 % p.a.
    Variable
    Comparison rate
    5.04 % p.a.
    Initial monthly repayment
    $2,681
    Go to site
    • Competitive interest rate – 4.99% p.a. (comparison rate* 5.04% p.a.)
    • Offset account to reduce interest and save on repayments
    • No establishment or monthly fees, plus valuation fees waived up to $1,000 (limited time)

  • Fixed Rate Home Loan

    • Fixed rate
    • Owner occupier
    • Principal & Interest
    • 5% min deposit
    Interest rate
    5.09 % p.a.
    Fixed 2 years
    Comparison rate
    5.43 % p.a.
    Initial monthly repayment
    $2,712
    Go to site
    • No ongoing annual fees
    • Make up to $25,000 extra repayments during a fixed period, fee free (T&Cs apply)
    • Lock in for up to 5 years.

  • Unloan Variable Home Loan

    • Owner occupier
    • Principal & Interest
    • 20% min deposit
    • Redraw available
    Interest rate
    5.19 % p.a.
    Variable
    Comparison rate
    5.10 % p.a.
    Initial monthly repayment
    $2,742
    Go to site
    • The first home loan with an automatic loyalty discount (conditions apply)
    • No application or banking fees
    • Built by CommBank

  • Discount Great Rate Home Loan

    • Owner occupier
    • Principal & Interest
    • 20% min deposit
    • Redraw available
    • Cashback
    Interest rate
    5.19 % p.a.
    Variable
    Comparison rate
    5.20 % p.a.
    Initial monthly repayment
    $2,742
    Go to site
    • Get up to $3,000 cashback when you apply online (T&Cs apply)
    • No paperwork or payslips required (see site for details)
    • Low variable rate

  • Variable Home Loan 90

    • Owner occupier
    • Principal & Interest
    • 10% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.29 % p.a.
    Variable
    Comparison rate
    5.33 % p.a.
    Initial monthly repayment
    $2,773
    Go to site
    • No monthly or ongoing fees
    • Option to add an offset for 0.10% p.a.

  • Offset Home Loan

    • Owner occupier
    • Principal & Interest
    • 40% min deposit
    • Offset available
    • Redraw available
    Interest rate
    5.39 % p.a.
    Variable
    Comparison rate
    5.42 % p.a.
    Initial monthly repayment
    $2,805
    Go to site
    • No ongoing monthly loan maintenance fees to pay.
    • Pre-approval valid for 3 months
Showing 6 results from 380 home loans. Use the filters to see more

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* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

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