Reduce Home Loans home loans

Reduce Home Loans
Reduce Home Loans's overall rating for home loans

(as rated by the Mozo community)

9.5 / 10

based on 4 reviews

Reduce Home Loans 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 10 December, 2016. Other information correct at the time of writing.

What home loans do Reduce Home Loans offer?

Fixed Rate Home Loans Fixed Rate Home Loans

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

p.a.

n/a

$0.00

$1,150

4.19% p.a.

4.26% p.a.

$0.00

$1,150

4.19% p.a.

4.26% p.a.

$0.00

$1,150


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Variable Rate Home Loans Variable Rate Home Loans

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

3.79% p.a.

3.85% p.a.

$0.00

$900

4.04% p.a.

4.10% p.a.

$0.00

$900

4.04% p.a.

4.10% p.a.

$0.00

$900

4.29% p.a.

4.35% p.a.

$0.00

$900

3.69% p.a.

3.75% p.a.

$0.00

$900

3.44% p.a.

3.50% p.a.

$0.00

$900

3.69% p.a.

3.75% p.a.

$0.00

$900

3.94% p.a.

4.00% p.a.

$0.00

$900

3.35% p.a.

3.42% p.a.

$0.00

$1,164


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How are Reduce Home Loans home loans rated?

Reduce Home Loans home loans

Overall 9.5*

Price

Features

Customer service

Convenience

Trust

4 Reviews

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

Recent Reduce Home Loans home loan reviews Recent Reduce Home Loans home loan reviews

Reduce Home Loans

Reduce Home Loans home loan review

Overall rating   10 / 10

Happy Camper

Refinanced and was a bit sceptical at 1st as it was the first time I had dealt with a non bank, let alone online so I checked them out on various Review sites and to my surprise found the were rates 5 stars by Canstar which my Bank wasn't. I am...

Full review

Refinanced and was a bit sceptical at 1st as it was the first time I had dealt with a non bank, let alone online so I checked them out on various Review sites and to my surprise found the were rates 5 stars by Canstar which my Bank wasn't. I am happy to say dealing with Reduce was leagues above my Bank who have known me for over 15 years and they have the lowest 'genuine' rate by a Country mile.

    Price   10 / 10

    Features   8 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

Pete (NSW), reviewed 8 months ago

Reduce Home Loans

Reduce Home Loans home loan review

Overall rating   10 / 10

Reduced home loans reduced my rate!

I received a great rate and great service from Reduced HL. Compare if you like, but you won't get service like this from the big banks! I got a great rate on a fixed term & they're only a phone call away if I have any questions. 10/10.

Full review

I received a great rate and great service from Reduced HL. Compare if you like, but you won't get service like this from the big banks! I got a great rate on a fixed term & they're only a phone call away if I have any questions. 10/10.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Christopher (NSW), reviewed about 1 year ago

Reduce Home Loans

Reduce Home Loans home loan review

Overall rating   10 / 10

Very helpful and such a great interest rate.

I just got my loan through Reduce and I can say I would happily recommend them to anybody, Rhyse was very knowledgeable and helped guide me through everything. Thank you.

Full review

I just got my loan through Reduce and I can say I would happily recommend them to anybody, Rhyse was very knowledgeable and helped guide me through everything. Thank you.

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Jess (QLD), reviewed about 1 year ago

Reduce Home Loans

Reduce Home Loans home loan review

Overall rating   10 / 10

True to name reducing my rate and the red tape!

Awesome service, great rate, free ATM transactions and no interest Visa even for cash advances had me laughing all the way away from the Bank!

Full review

Awesome service, great rate, free ATM transactions and no interest Visa even for cash advances had me laughing all the way away from the Bank!

    Price   10 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Edward (QLD), reviewed over 1 year ago

Reduce Home Loans

Reduce Home Loans Home Owners Dream Fixed Fee Free 80% (Owner Occupier) home loan review

Overall rating   8 / 10

Best when compared to rest

Good, reliable .

Full review

Good, reliable .

    Price   7 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Pramatha (VIC), reviewed over 1 year 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 Reduce Home Loans home loan? What do you need to apply for a Reduce Home Loans 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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