Compare home loan options from 30+ lenders

Name: Home Loan Offers November 2022 – LP | Savvy
Creator: Savvy
Published: 2022-11-15T10:08:45+10:30

Savvy can connect you with Australia's most reputable lenders for your home loan. It's free and comes with no obligations.

No obligation. It won't affect your credit score.

Access to 30+ lenders with comparison rate from 4.20% p.a.

Compare 30+ lenders

We're partnered with a wide range of reputable lenders so you can find the best home loan deal on the market.

Anywhere in Australia

No matter where you live around the country, we can help you get approved online to purchase your new home.

100% free

You won't have to pay a cent to apply for your home loan through Savvy, with the entire process free from start to finish.

Fixed, variable or split

You can choose the best interest rate to suit your mortgage, with fixed, variable and split options available.

Why Australians trust Savvy 

Here's why so many Australians choose Savvy to help them secure their ideal home loan.

Trusted, accredited partners

Savvy is partnered with the Big Four banks as well as a variety of other lenders who you can trust.

Over a decade of experience

We’ve been helping Australians like you source the right home loan offer for their needs for more than ten years.

A customer-first experience

We always put our customers first, which is why we have a 4.9-star Feefo rating for satisfaction among our clients.

Got a home loan question?

Read some of the common mortgage questions we're asked at Savvy.

How do I apply for a home loan with Savvy?

Applying for your home loan with us is easy, as we enable prospective homebuyers like you to complete the process online with us. Simply fill out our digital form, telling us about yourself, your finances and the type of loan you're looking for, and our team will be in touch with you to discuss your potential options for buying your property.

From there, you can relax and leave the rest of the work up to our experts. We'll prepare and submit your application to your preferred lender and be the main point of contact right through to approval and settlement.

How long will it take to get approved for my home loan with Savvy?

The entire home loan application process is online with Savvy, so you can fill out your form and submit your supporting documents in as few as ten minutes. Once we receive your application and a Savvy team member gets in touch with you, we can submit your application to your chosen lender as soon as the same day.

Each lender has its own processes in place when it comes to assessing your application, so the exact time it'll take to receive formal approval and reach settlement will vary. However, your Savvy broker will give you an indication of this time. Get the process started with us today with a free, no-obligation quote.

How large a deposit will I need to apply for my home loan?

In most cases, we advise applicants to have at least 20% of the purchase price of their home available as a cash deposit. However, we still have options available for those who don't have this much saved up. If you have a parent, grandparent or another close relative who is willing to go guarantor on your home loan, this could enable you to get approved at no extra cost.

However, even if you don't have a guarantor, some lenders will approve applications with as little as a 5% deposit if you pay Lenders Mortgage Insurance, which is a policy taken out to protect your lender if you become unable to pay off your mortgage. You can speak with a member of our team to find out what option is best for you.

Can I get pre-approval for my home loan through Savvy?

Yes – we can help you get pre-approval for your home loan if you're still looking for your ideal property. Pre-approval is a great way to let you know how much you're likely to be approved to borrow and the type of loan your lender is willing to offer you. Additionally, because it lasts for up to three months or more, you can take your time assessing your options on the property market. Finally, having pre-approval can help you appear a genuine buyer to a real estate agent, so you may have a better chance of having an offer accepted in some cases.

Have a chat with a member of the Savvy team about pre-approval to find out more about your options.

* Interest Rate from 5.79%, comparison rate of 6.16% p.a. based on a 5 year secured consumer fixed rate loan of $40,000. **WARNING: The comparison rate, monthly repayment and total cost applies only to the example given and may not include all fees and charges. Costs such as broker fees, redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Different terms, fees or other loan amounts may result in a different comparison rate. Establishment fees and monthly fees apply only to consumer loans. Commercial use loans may attract different fees.