Ratebusters home loans

Ratebusters
Ratebusters's overall rating for home loans

(as rated by the Mozo community)

0.0 / 10

based on 1 reviews

Ratebusters home loans offer a range of packages for different needs. Check out our range of home loans for an overview of interest rates, fees and more. Or you can compare the whole market with our home loan comparison tools.

Rates and fees verified as correct at 04 December, 2016. Other information correct at the time of writing.

What home loans do Ratebusters offer?

Variable Rate Home Loans Variable Rate Home Loans

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.73% p.a.

4.88% p.a.

$120.00 yearly

$500

4.53% p.a.

4.69% p.a.

$120.00 yearly

$500

4.48% p.a.

4.64% p.a.

$120.00 yearly

$500

4.46% p.a.

4.62% p.a.

$120.00 yearly

$500

4.26% p.a.

4.42% p.a.

$120.00 yearly

$500

4.21% p.a.

4.37% p.a.

$120.00 yearly

$500

4.53% p.a.

4.69% p.a.

$120.00 yearly

$500

4.33% p.a.

4.49% p.a.

$120.00 yearly

$500

4.28% p.a.

4.44% p.a.

$120.00 yearly

$500

4.06% p.a.

4.22% p.a.

$120.00 yearly

$500

4.01% p.a.

4.17% p.a.

$120.00 yearly

$500

4.26% p.a.

4.42% p.a.

$120.00 yearly

$500

4.53% p.a.

4.69% p.a.

$120.00 yearly

$500

4.33% p.a.

4.49% p.a.

$120.00 yearly

$500

4.28% p.a.

4.44% p.a.

$120.00 yearly

$500

4.26% p.a.

4.42% p.a.

$120.00 yearly

$500

4.06% p.a.

4.22% p.a.

$120.00 yearly

$500

4.01% p.a.

4.17% p.a.

$120.00 yearly

$500

4.33% p.a.

4.49% p.a.

$120.00 yearly

$500

4.13% p.a.

4.29% p.a.

$120.00 yearly

$500

4.08% p.a.

4.24% p.a.

$120.00 yearly

$500

3.84% p.a.

4.00% p.a.

$120.00 yearly

$500

4.06% p.a.

4.22% p.a.

$120.00 yearly

$500

3.86% p.a.

4.02% p.a.

$120.00 yearly

$500

4.55% p.a.

4.57% p.a.

$0.00

$260

4.45% p.a.

4.47% p.a.

$0.00

$260

4.15% p.a.

4.17% p.a.

$0.00

$260

4.25% p.a.

4.27% p.a.

$0.00

$260

4.25% p.a.

4.27% p.a.

$0.00

$260

4.10% p.a.

4.12% p.a.

$0.00

$260

4.35% p.a.

4.37% p.a.

$0.00

$260

4.25% p.a.

4.27% p.a.

$0.00

$260

4.05% p.a.

4.07% p.a.

$0.00

$260

4.15% p.a.

4.17% p.a.

$0.00

$260

4.00% p.a.

4.02% p.a.

$0.00

$260

4.15% p.a.

4.17% p.a.

$0.00

$260

4.54% p.a.

4.60% p.a.

$0.00

$838

4.47% p.a.

4.53% p.a.

$0.00

$838

4.17% p.a.

4.23% p.a.

$0.00

$838


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How are Ratebusters home loans rated?

Ratebusters home loans

Overall 0.0*

Price

Features

Customer service

Convenience

Trust

1 Reviews

* Overall rating based on reviews in the past 12 months.

Recent Ratebusters home loan reviews Recent Ratebusters home loan reviews

Ratebusters

Ratebusters home loan review

Overall rating   0 / 10

Never use them

I would not recommend Ratebusters to anyone. It has been the worst experience ever dealing with them, you think I would have stopped in the early stages of applying for the loan, but no. And now that we have sold our house, and just received out...

Full review

I would not recommend Ratebusters to anyone. It has been the worst experience ever dealing with them, you think I would have stopped in the early stages of applying for the loan, but no. And now that we have sold our house, and just received out final payout of funds from them it has cost us thousands on top of what you actually owed at settlement. So please I would like to advise you not to use this company ever. Yes I know Ratebusters made a lot of extra money for doing nothing.

    Price   3 / 10

    Features   1 / 10

    Customer service   3 / 10

    Convenience   2 / 10

    Trust   2 / 10

Less

Kt (WA), reviewed about 3 years ago

Ratebusters

Ratebusters home loan review

Overall rating   0 / 10

Ratebusters are deceitful. I'm sorry if that seems like strong language, but there is no other phrase to describe the way in which they lure you in with a competitive rate, then gradually increase it well above what they advertise on their...

Full review

Ratebusters are deceitful. I'm sorry if that seems like strong language, but there is no other phrase to describe the way in which they lure you in with a competitive rate, then gradually increase it well above what they advertise on their website. When challenged about this, their response is "the advertised rate is for new customers only." And because of the outrageous break fess, you are locked in for 5 years. Avoid them like the plague. I wish I had.

    Price   2 / 10

    Features   3 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Bill (QLD), reviewed almost 5 years ago

Ratebusters

Ratebusters home loan review

Overall rating   9 / 10

Excellent customer service. Very low interest rates. Offset account allows any moneys to be withdrawn at any time. Credit card linked to account allowed money to be withdrawn from any ATM (now only Westpac)

Full review

Excellent customer service. Very low interest rates. Offset account allows any moneys to be withdrawn at any time. Credit card linked to account allowed money to be withdrawn from any ATM (now only Westpac)

    Price   9 / 10

    Features   -1 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

Andrew (VIC), reviewed about 5 years ago

Ratebusters

Ratebusters home loan review

Overall rating   9 / 10

They have been very helpful with multiple loans, always have very good rates.

Full review

They have been very helpful with multiple loans, always have very good rates.

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Gavin (VIC), reviewed about 5 years ago

Ratebusters

Ratebusters home loan review

Overall rating   4 / 10

Ratebusters had won lender of the year for 3 years running and their rate was about 0.2% lower than the "professional pack" offered by the big 4. However, 3 years on, I still have hefty exit fees and they are now charging 0.1% higher than the...

Full review

Ratebusters had won lender of the year for 3 years running and their rate was about 0.2% lower than the "professional pack" offered by the big 4. However, 3 years on, I still have hefty exit fees and they are now charging 0.1% higher than the professional pack of the big 4. They do however have "another product" which is at a lower rate! I feel like I've been sucked in, locked in and ripped off.

    Price   2 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   4 / 10

Less

Jon (NSW), reviewed almost 6 years ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

* The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

What do you need to apply for a Ratebusters home loan? What do you need to apply for a Ratebusters home loan?

  • Personal details for each applicant (if necessary)
  • Contact details including a valid email address
  • Proof of salary (i.e. payslips) and evidence of other income including government payments and rental income
  • Statements for any liabilities including credit cards or other existing loans
  • A copy of your council rates notice
  • A copy of your driver's licence or passport
  • Home loan statements (if you’re refinancing)
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