Mortgage Shake! Meet the lenders who will take on the big banks in 2021
Australian borrowers seeking lower rates, faster approval processes, and flexible loan terms are abandoning the big banks in search of more competitive lenders. But with so many different options available, which rival lenders really stand out from the rest?
Australian-owned Loans.com.au is winning over fed-up bank borrowers with ultra-low interest rates, hassle-free online applications, and deals within 30 days. Meanwhile, digital lenders Athena and Nano are shaking up the market with zero fees and refinance rates below 2.00%.
For borrowers unprepared to switch to a non-bank lender, rival bank Macquarie is proving to be a popular alternative to the Big 4, thanks to recent rate cuts and a customer focus that makes their home loans unique. even more competitive.
“A lot of people are eager to get out of the big banks and are surprised to find out how easy it is to refinance and what great deals there are with online lenders,” says Lending.com.au CEO Marie Mortimer.
So if you’re looking for a more flexible way to borrow at a low rate that could save you thousands of dollars, read on for our expert roundup of the top home loans these digital dynamos offer….