Australia's Leading
Home Loan Finder

Helping everyday Aussies save thousands

Take The Quiz NowIt's 100% FREE & takes under 2 minutes

How much could you save on your home loan?

"We beat our customers rates 97% of the time"

The world of finance can be an intimidating place full of hidden fees, sneaky fine print, and shady lenders often leaving home owners paying way more than they should.

Our quick 2 minute quiz will calculate how much you can save by switching loans.

This quiz has already helped thousands of Aussie homeowners save an average $3240 / year by switching to a better rate home loan.

Take The Quiz NowIt's 100% FREE & takes under 2 minutes

Our happy customers

We'd would like to say a huge thanks to your team for helping us with this application. Without your help, we wouldn't have been able to refinance our loan which is now saving us around $275 a month. Excellent job, will recommend.

Zac & Sara
Zac & Sara Saving $275 a month.

Was previously paying almost 0.6% more with another bank. Great saving and your staff took care of all the paperwork, so the entire process was so simple. Wish I had done it sooner.

Krish Refinancing was so simple.

Who is Loan Hero?

Loan Hero exists to give every day Aussies a better deal when it comes to home loans. We've built a network of talented loan providers and financial planners across Australia, meaning we can connect you with the best financial expert for your situation no matter where you live.

We aim to make the complex and somewhat intimidating world of finance easy for everyone. Because you work hard for your money, you don’t want to be wasting it on hidden fees and taxes you weren't told about.

Our purpose is simple - to understand your financial goals, and then help you make them a reality.

Why choose Loan Hero?

  • Our mortgage teams have over 30 years of experience and knowledge.

  • We have access to more than 1000 mortgage brokers across Australia.

  • All Loan Hero brokers are industry qualified and fully accredited.

  • Compare nearly 3000 home loans in a single appointment.

  • Access the special low interest rate deals that lenders and banks offer us.

  • Our services are free! We get paid a commission by the lender, not by you.

Thousands of home loans. 21 lenders.
We’ll find the right one for you.

  • Adelaide Bank
  • AMP
  • ANZ
  • Aussie
  • Bank of Melbourne
  • Bank SA
  • Bankwest
  • Commonwealth Bank
  • HSBC
  • ING Direct
  • Liberty Financial
  • Macquarie Bank
  • ME Bank
  • My State
  • NAB
  • Pepper
  • P&N Bank
  • St George
  • Suncorp Bank
  • virgin money
  • Westpac

* Not all lenders lend in every state or territory.

Does your loan need rescuing?

We beat customers rates 97% of the time.

Take The Quiz NowIt's 100% FREE & takes under 2 minutes

Frequently asked questions

  • q-iconHow soon can I change my mortgage?

    Once your property has settled, there is no set time period you must wait before being eligible to refinance your mortgage. The Australian government abolished home loan exit fees on all loans settled after July 2011, so unless otherwise stated in your contract you are free to shop around. As with any new loan, there are usually establishment fees, however these fees are usually offset by the cost savings due to more competitive interest rates. The Loan Hero team will help you do the sums to determine if it’s feasible to switch loans.

  • q-iconWhat does it mean if I switch lenders?

    Switching lenders simply means having your mortgage registered with another financial institution. Mortgage refinancing is common practice and a well understood process within the industry. The Loan Hero team will assist with all paperwork to ensure the process is as simple and smooth as possible, with the end goal of saving you money.

  • q-iconWhat happens when my fixed term ends?

    As you come to the end of your fixed term contract you have several options available. If you do nothing, the loan will revert to the applicable variable rate product. If you contact us, we can arrange to have your loan re-fixed at the prevailing fixed rates.

  • q-iconWhat are your interest rates?

    As we use third party brokers, the interest rates available to you through us will vary depending on your situation. That said, they will be highly competitive with the best options on the market to accommodate your financial situation & goals.

  • q-iconDo I need a deposit?

    Most lenders require you to have at least a 5% deposit (made up of savings or cash, not a loan). But if you increase your deposit to 10%-20%, this will often give you a lower interest rate on your loan, because there is less risk involved for the lender.

    Ideally, you want to place a deposit down of at least 20%, so you avoid paying what’s called “Lender’s Mortgage Insurance” (LMI), which is an insurance policy for the lender against you defaulting on your mortgage repayment.

    So, the more you can put down as a deposit, the less you’ll need to borrow, and the less interest you’ll have to pay back over the lifetime of the loan.

  • q-iconCan I get a home loan if I have a bad credit history?

    Banks and lenders will always review your credit history before deciding whether to approve your loan application. By using an expert broker designated by Loan Hero, you’ll have the best chance of success. They know the conditions of each lender and how to best accommodate your situation. We’re always on your side to give you access to the best deals possible – saving you days of time and effort in the process.

Contact us

Questions & queries? Just leave a message below and we'll get back to you within 24 hours.

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