Compare rates from 40+ lenders

We work for you, not the lender

Brokers available nationwide

It’s free. No service fee

Process

How it Works​

Customer Details

First, provide your contact information and the approximate loan amount you need, whether for a new home loan or refinance. Then, select your preferred date and time for a callback.

Verify your number

Next, you’ll receive a 6-digit verification code via SMS. Enter this code to proceed.

Customer Details

First, provide your contact information and the approximate loan amount you need, whether for a new home loan or refinance. Then, select your preferred date and time for a callback.

Home loan products

Product Description
Variable rate loans The loan is subject to interest rate movements
Fixed rate loans The interest rate has been fixed for a period
Capped rate loans The interest rate has a set ceiling rate that cannot be exceeded
Discounted variable rate loans Same as a variable rate loan except it has a discount to the standard variable rate for a certain period
Low start loans Low initial loan repayments increasing over the term
High start loans High initial loan repayments decreasing over the term
Split or combination loans Part of the borrowing is on a variable interest rate and part of the borrowing is on a fixed interest rate
Home equity loans Revolving line of credit
Consolidation loans Two or more loans consolidated into one to make managing loans easier and in most cases reduces the loan repayments required
Low-doc and no-doc loans Little or no documentation to prove a steady income stream
Construction loans Used to fund the construction of a property, involving the progressive draw down of funds
Equity release products Ability to release home equity without the obligation to make regular payments
Equity finance mortgages (EFMs) Boost borrowing capacity or reduce repayments in return for relinquishing a portion of any capital gain

Use Cases

Home loan finance can be used for:

  • The purchase of existing residential property

  • Owner occupation, also known as owner-occupied property used as an investment, for example, a property that is rented out to a third party

  • A construction loan to build a new home, called a construction loan

  • Home renovation or improvements to the mortgaged property

  • Refinancing debt from another loan product and/or credit provider

  • Bridging finance, used to manage the transition between buying and selling properties

  • Investment (e.g. self-managed superannuation fund (SMSF) loans are home loans for those who wish to invest their superannuation in property).

  • Equity home loans allow borrowers to draw down the equity value on their existing property to purchase other items such as cars, boats, shares and other investments..

interest rate options

Variable rate, where the interest rate rises or falls in line with the changes in the official cash rates.

Fixed rate, where interest is paid at a fixed rate over the term of the loan.

Split rate, or a combination loan, consisting of a variable interest component and a fixed interest component.

Target Markets

our brokers provide services to the following markets:

  • owner-occupiers

  • investors

  • self-employed persons

  • persons who have a slightly impaired credit history or whose credit criteria fall just outside the limits of major lenders

  • businesses, including rural and agricultural businesses or other commercial enterprises

  • persons seeking to refinance existing home loans

  • persons seeking to consolidate debt

LENDERS

Broker Network

At RateMarket, our brokers utilise advanced aggregator software to compare home loans from over 40 lenders, including all the major banks in Australia. This comprehensive approach allows us to assess a wide range of loan products and interest rates, ensuring that we find the most suitable and competitive options for our customers.

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What We Do

Why use RateMarket?

Here are some key benefits of working with a mortgage broker:

  • Access to Multiple Lenders:

    Brokers have access to a wide range of lenders, giving you more loan options.

  • Expert Guidance:

    They provide expert advice and help you navigate the complex mortgage process.

  • Time Savings:

    Brokers handle the legwork, saving you time and effort in comparing loans.

  • Negotiation Power:

    They negotiate on your behalf to secure the best possible rates and terms.

  • Tailored Solutions:

    Brokers assess your financial situation and find a loan that best fits your needs.

  • Credit Assistance:

    They can help improve your credit profile to increase your chances of loan approval.

  • Ongoing Support:

    Brokers offer support throughout the entire loan process, from application to settlement.

  • No Cost to You:

    In most cases, brokers are paid by the lender, so their services are free to you.

  • Knowledge of Special Programs:

    They are aware of special loan programs or incentives you may qualify for.

  • Simplified Process:

    Brokers streamline the mortgage process, making it easier and less stressful.