How Our Home Loan Comparison Works
1. Tell Us About Your Situation
Whether you’re buying your first home, refinancing, or investing, share your goals and we’ll tailor our search to your needs.
2. Get Matched With Mortgage Specialists
We connect you with experienced mortgage brokers who understand the current market and have relationships with hundreds of lenders.
3. Compare Your Options
Review competitive home loan offers side-by-side. Compare interest rates, fees, features, and flexibility to find your perfect match.
4. Expert Application Support
Your broker will guide you through the application process, help prepare documentation, and liaise with the lender to ensure smooth settlement.
Why Choose The Loan Phone for Your Home Loan?
Hundreds of Loan Products
We give you access to loans from major banks, regional banks, credit unions, and specialist lenders - far more choice than going direct to one bank.
No Cost to You
Our service is free for borrowers. Lenders pay us a commission when you settle a loan, so you get expert advice at no charge.
Save Time and Money
Instead of applying to multiple lenders yourself, we do the legwork and present you with the best options for your situation.
Ongoing Support
Your relationship with your broker doesn’t end at settlement. We’re here to help with future refinancing, loan reviews, and property purchases.
Home Loan Types We Can Help With
First Home Buyer Loans
Special programs and grants available for eligible first home buyers. We’ll help you understand your options and maximize your borrowing power.
Fixed Rate Home Loans
Lock in your interest rate for 1-5 years for payment certainty. Ideal if you want to know exactly what your repayments will be.
Variable Rate Home Loans
Enjoy flexibility with offset accounts and redraw facilities. Benefit from rate drops and pay off your loan faster.
Construction Loans
Building your dream home? We can arrange construction loans with progressive drawdowns as your build progresses.
Investment Property Loans
Tax-effective loan structures designed for property investors. Interest-only options and strategies to maximize returns.
Home Loan FAQs
How much can I borrow? Generally, lenders will approve up to 6 times your annual income, but this depends on your expenses, existing debts, and deposit size.
What deposit do I need? Most lenders require a 20% deposit to avoid Lenders Mortgage Insurance (LMI), but loans are available with as little as 5% deposit.
What is Lenders Mortgage Insurance (LMI)? LMI protects the lender if you default on your loan. It’s typically required when borrowing more than 80% of the property value.
Should I choose fixed or variable? This depends on your risk tolerance and financial goals. Many borrowers split their loan between fixed and variable for flexibility.
How long does approval take? Pre-approval can be obtained in 24-48 hours. Full approval and settlement typically takes 4-6 weeks depending on the lender.
Ready to Find Your Perfect Home Loan?
Start your comparison today and discover how much you could save on your home loan. Our expert mortgage brokers are ready to help you achieve your property goals.