Shake up your mortgage! Meet the lenders taking on the big banks in 2021
Australian borrowers looking for lower interest rates, faster approval processes, and flexible loan terms are seriously leaving the big banks for more competitive lenders. But with so many different options, which competing lenders really stand out from the crowd?
Australian-owned Loans.com.au is attracting annoyed bank borrowers in droves with extremely low interest rates, hassle-free online applications and 30-day transactions. Meanwhile, digital lenders Athena and Nano are mixing up the market with zero fees and refinancing rates below 2.00%.
For borrowers not yet ready 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 customer focus that makes their home loans even more competitive.
“Many people like to leave the big banks and are surprised at how easy it is to refinance and what great offers are available from online lenders,” says Loans.com.au managing director Marie Mortimer.
So if you’re looking for a more flexible way to borrow at a low interest rate that can save you thousands, check out our expert review of the best home loans offered by these digital dynamos….