More choice with over 60 lenders at our fingertips
Search Australia’s biggest banks plus a huge range of specialist lenders
Home Loans
Getting into the property market is one of the biggest financial decisions you’ll make. From confusing contracts and jargon filled paperwork to inspections and ultimately, sealing the deal – we’re here to give it to you straight.
Like the homes on your wishlist, no two loans are the same. Step by step, we’ll help you make sense of the nonsense, and work with over 60 banks and lenders to find the loan most suited to your first home.
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Search Australia’s biggest banks plus a range of specialist lenders.
Why Choose Loan Market
We’re not a bank, nor are
we owned by one
A bank works for their bottom line, we work for you
Family taking care of family
Helping Aussies homeowners with their goals for 27 years (and counting)
Power to negotiate
With 60+ banks and lenders on our panel, we give you the choice and power to suit your needs
Free for you
We get paid by the lender you choose and not by you or your family
Loan Types and Features
There are a number of loan types and features that you might want to consider for your new home loan, scroll through some of the options below to get a better understanding of what the differences are. We’re here to answer your questions when you’re ready.
Fixed Rate Loan
As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans also offer the option of additional repayments and redraw, as well as offset accounts
Fixed Rate Loan
Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises. You can’t make extra repayments during the fixed term though, so it’s worth thinking about a split loan if you’re planning to pay extra.
Split Loan
The best of both worlds – you’re able to fix part of your loan, while leaving the rest variable.
Packaged Loan
Professional packages offer discounts on standard variable and fixed rates, the waiving of fees, and in some cases, great deals on other products from the same lender. A packaged loan usually comes with one annual fee for the bundled products.
Buying property? Why a broker could help you save
Whether you’re buying your first home, next home, or investment property, getting the finance right could make a huge difference on your hip pocket in the long run. With thousands of loans to choose from in the market, there are a lot of considerations. This is where a mortgage broker can help.
Some reasons it is a good idea to speak to a mortgage broker for your home loan include:
Save time and hassle
Tash Thorndyke and her team at Loan Market has access to over 60 lenders and extensive experience in finding the right home loans for clients throughout Australia. They do the legwork from comparing loans, through the application process to settlement and beyond. You have a single, easy point of contact every step of the way.
A loan and strategy that’s right for you
The Loan Market team works in your best interest and can compare thousands of loans to recommend the right one for you. A bank will only offer you its own products. Not only does this mean a broker can negotiate a competitive interest rate, but also find a lender that suits your circumstances and a loan structure that helps you achieve your goals. This can extend to trickier circumstances, such as self employment and short turnaround times for approval.
Your personal expert
Tash and the Loan Market brokers are available for online meetings at a time that suits you. They will also answer any of your questions – from what schemes you may be eligible for to save money on your first home loan, how a guarantor may help or the pros and cons of different investment strategies.
A partner for life
Your relationship with your broker doesn’t end at settlement. Tash and the team will regularly check your interest rate to make sure it is still competitive. They will play hardball with your lender or others to make sure you have a home loan that works hard for you. Beyond your initial home loan, you then have an easy point of contact for future loans – whether you’re growing your investment portfolio, want to up or downsize or even buy a car.
Are you thinking about buying property? Reach out to Tash and her team at Loan Market to get your personalised strategy.
