Home loans
Buying your first home, upgrading, building or refinancing. We compare banks and specialist lenders side by side and explain the trade-offs in plain English.
More lenders say yes than your bank lets on.
Moneywise Home Loans arranges home, commercial and car finance through the major banks and through specialist lenders that only work with brokers. If your income, plans or paperwork don't fit a standard checklist, we find the lender that fits you.
5.0from 104 Google reviews EstablishedMay 2018
Banks lend to a checklist. We start with your story.
Most of the people we help are in a strong position. They just don't look like the example borrower on a bank's application form.
You run your own business
Your income lives in BAS statements and business accounts rather than payslips. Some lenders can assess it exactly that way.
You're ready for the next property
Your bank says you've reached your limit. Other lenders calculate servicing differently, which can open up additional lending.
Your income has a few moving parts
Contracting, commission, overtime, rental income or more than one job, added up properly instead of averaged away.
Your loan no longer fits
Refinance to a sharper rate or structure, consolidate debts, or release equity for whatever comes next.
Your story is more than a score
We look at where you are today and present your whole file to a lender who will read it, not just a number.
The lenders you can't walk into.
Some of Australia's most flexible lenders don't have branches and don't take applications from the public. They work only through brokers, and they're often the difference between a polite no and a yes.
| Topic | A typical bank checklist | A specialist lender's view |
|---|---|---|
| Proving income | Two years of tax returns and payslips | BAS, business bank statements or an accountant's letter can be used |
| Borrowing power | One servicing formula for everyone | Different servicing models that can mean more room to borrow |
| Growing a portfolio | Appetite shrinks with every property | Additional lending for investors building a portfolio |
| Your credit file | A score and a cut-off | A person who reads the reasons and the recovery |
Lending criteria vary between lenders, and every application is subject to approval. We'll tell you honestly which lenders suit your situation.
Find the lender that fitsHome, commercial and car finance, under one roof.
Three kinds of lending, one broker who knows both the banks and the specialists. Every recommendation comes with the reasons behind it.
Commercial loans
Premises, warehouses, offices and business property, with finance structured around how your business really trades, not just last year's tax return.
Car loans
New or used, dealer or private sale, personal or business use. Get pre-approved and walk into the dealership with the confidence of a cash buyer.
From first call to settlement, in five steps.
You'll always know what's happening next and who's doing it. Most of the work sits with us, not you.
Step 1: Talk
Tell us what you're planning and what you've been told so far. No forms and no obligation.
Step 2: Assess
We look at the whole picture: how you earn, what you own, what you owe and where you're heading.
Step 3: Match
We compare banks and specialist lenders and recommend the one whose policy suits you best.
Step 4: Apply
We prepare and lodge the application, deal with the lender and keep you updated at every step.
Step 5: Settle
We work with your solicitor or conveyancer through to settlement, and we're here when your plans change.
Rated 5.0 from 104 Google reviews.
What clients say most often: it was clear, it was calm, and someone kept them in the loop the whole way.
What would your repayments be?
Slide to estimate. When you're ready, we'll work out the real numbers with you.
Estimated monthly repayment
$0
$0Total interest
$0Total repaid
Principal and interest, using the rate you enter. An estimate for general information only, not a quote or credit advice.
Loans for the way you really earn, own and live.
Home, investment, self-employed, refinance, commercial and car finance, through the banks and through specialist lenders you can only reach with a broker.
Home loans
Whether it's your first home, a bigger one or a fresh start somewhere new, the right loan is about more than the headline rate. We look at features, fees, flexibility and how each lender will view your situation.
- First home buyers, including help understanding government schemes
- Upgrading, downsizing or buying your next home
- Building a new home or buying off the plan
- Offset accounts, redraw and split loans explained simply
Investment loans
Building a portfolio is where many investors first hit a wall with their bank. Specialist lenders assess rental income, existing debts and servicing differently, which can open up additional lending for the next purchase.
- Additional lending for your next investment property
- Interest-only and principal-and-interest options
- Using equity from properties you already own
- Structuring loans so your portfolio stays flexible
Self-employed and alt doc loans
If you run your own business, your last tax return rarely tells the full story. Alt doc (alternative documentation) loans let lenders assess your income using documents that show how your business is performing now.
Documents that can be used instead of full tax returns:
- Business Activity Statements (BAS)
- Business bank statements
- An accountant's letter or declaration
- Recent profit and loss statements
For sole traders, partnerships, company directors and trust structures.
Refinancing
If you haven't reviewed your loan in a while, there's a fair chance it no longer fits. We compare what you have with what's available and only recommend a change when it's worth making.
- A sharper rate or lower ongoing fees
- Consolidating debts into one repayment
- Releasing equity for renovations or investing
- Changing your loan structure as your life changes
Commercial loans
Commercial lending is assessed on the property, the business and the people behind it. We present all three properly, to lenders who understand them.
- Buying business premises or commercial property
- Refinancing existing commercial loans
- Low doc commercial lending
- Releasing equity to grow your business
Car and vehicle loans
Straightforward vehicle finance, arranged before you start negotiating, so you can focus on the car and not the paperwork.
- New and used cars
- Dealer and private sales
- Business vehicles, utes and vans
- Pre-approval before you shop
What to have ready.
Every lender asks for something slightly different, and we'll give you an exact list for your application. This is a good place to start.
If you're employed
- Photo ID, such as a driver licence or passport
- Your two most recent payslips
- Bank statements showing savings and spending
- Details of any loans, credit cards and buy now pay later accounts
If you're self-employed
- Photo ID, such as a driver licence or passport
- Your ABN and business details
- Recent BAS or business bank statements
- Your accountant's contact details
Questions we're asked a lot.
Something else on your mind? Ask us. There's no such thing as a silly question about money.
What is a second tier or specialist lender?
A lender that isn't one of the major banks, often a non-bank lender. Many work only through brokers and have their own lending policies, which can suit self-employed borrowers, investors and people whose finances don't match a standard checklist.
Do I need two years of tax returns if I'm self-employed?
Not always. Alt doc loans can use BAS, business bank statements or an accountant's letter instead. Requirements differ between lenders, so we match you with one that fits your paperwork.
Can I borrow more than my bank offered?
Possibly. Lenders calculate borrowing power in different ways, so the same income can support different loan amounts. We show you the options before you apply.
Will talking to a broker affect my credit score?
No. A conversation about your options doesn't involve a credit check. A credit enquiry only happens when you decide to apply.
How are you paid?
We explain exactly how we're paid, including any commission from the lender and any fees, before you commit to anything.
Do you only arrange home loans?
No. We also arrange investment, refinance, commercial property and car and vehicle finance, for individuals and businesses.
Repayment calculator
Estimate repayments on a home, investment or commercial loan. Switch between weekly, fortnightly and monthly, test extra repayments and see how much interest and time you could save.
Your loan
Repayment frequency
Repayment type
Estimated monthly repayment
$0
$0Total interest
$0Total repaid
$0Interest saved with extra repayments
0 yearsTime saved
An estimate for general information only, not a quote or credit advice. Your actual rate, repayments and fees depend on the lender, the loan and your circumstances.
Loan balance over time
Your repaymentsWithout extra repayments
How the numbers work.
Repayments
Calculated with a standard amortisation formula, using the rate you enter for the whole term. Fortnightly and weekly repayments divide the annual rate across 26 or 52 periods.
Interest only
Shows interest-only repayments for the first five years, then principal and interest repayments over the remaining term.
Extra repayments
Assumes the same extra amount is paid with every repayment and that your loan allows it. Some fixed rate loans limit extra repayments.
On the borrower's side since 2018.
Moneywise Home Loans is an Australian mortgage and finance broker. Since May 2018 we've helped people borrow for homes, investments, businesses and cars, with a particular knack for situations that don't fit a bank's checklist.
Good borrowers deserve more than one answer.
A bank can only offer its own products and apply its own rules. When those rules don't fit, the answer is usually no, and plenty of people stop there.
We don't. Our job is to know which lenders, banks and specialists alike, will look at your situation the way it deserves, and to present your application so they can say yes. Then we explain every option, cost and trade-off before you decide anything.
What we promise, in our clients' words.
Three things we hold ourselves to, and the reviews that keep us honest.
Clear explanations
Every option, cost and trade-off, explained before you decide.
“They took the time to explain everything clearly, answered all my questions, and made what can be a stressful experience feel smooth and straightforward.”
Constant communication
You'll always know where your application is up to.
“There was constant communication and the process was stress free.”
Complicated is fine
Self-employed, investing or mixed income: it's the work we enjoy most.
“My loan was complicated and [the team] were so patient, professional and guided me all the way.”
Rated 5.0 from 104 Google reviews.
A few more of the things clients have said after settling their loans.
Registered and licensed
Moneywise Home LoansABN 83 626 429 034Credit Licence 553783Established May 2018
Let's talk about what you're planning.
Call us, email us or send the form and a broker will get back to you. A conversation costs nothing and doesn't touch your credit file.
- Call1300 167 644
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- LicensedABN 83 626 429 034 · Credit Licence 553783
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Moneywise Home Loans
ABN 83 626 429 034
Credit Licence 553783
Established May 2018
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Let's find the lender that says yes.
Tell us what you're planning. We'll tell you honestly what's possible and how to get there.