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Whether you're refreshing your home or car loan this season
Spring to it with Australia's home of loans
Why Aussies Choose Us
Awarding winning loans & service
Flexible loan options this Spring
Australian based lending & local support
Fast and simple to get you started
Average Australian Mortgage Size in 2025
According to the latest lending indicators from the Australian Bureau of Statistics (ABS), the average mortgage size for owner-occupier dwellings is $631,000 as of June 2025. Values have decreased by $29,000 from March 2025. However, compared to June of last year, the average mortgage size has increased by $47,000 or 7.44%.
How long does it take to get a home loan approval?
Generally speaking, for a basic scenario where the clients have prepared their supporting documents, a home loan approval can be sought in as little as 3 to 5 business days.
How often should you refinance your home loan?
Whatever your situation is, refinancing can have benefits. Think carefully if it makes sense to refinance your home loan.
Guide to Buying a New Car
How does an offset sub-account work?
Guide to Buying Your First Home
Get a free property report
Takes 5 minsYour personalised property report gives you a clear edge in the market. It includes recent sales of similar homes in your area, current listings of comparable properties, and a tailored estimate of the property's value, helping you make confident, informed decisions.
We're here to make your loan journey easier
Apply anytime, and from anywhere.
Fast tracked pre-approval in minutes.
Smarter lending to get you moving sooner.
Online convenience, local support.
Our home loan application process
Apply Online
Complete your application through our online platform.
Upload & Track
Submit your documents and monitor your application in real time via our onTrack portal.
Speak to our Specialist
Our lending specialists will guide you through the process to switch over and refinance your home loan.
Approval & Signing
Review and sign your mortgage documents securely via onTrack.
Settlement
We'll liaise with your current lender to discharge your existing loan - you don't need to notify them.
Manage Your Loan
You'll receive your login details to manage your repayments and account details via our Smart Money app.
Refresh your home or car loan this season
Refer your friends or family to loans.com.au and earn big rewards!
When they settle a home loan with us, you'll both receive a $1,000 reward. Plus, if they choose a car loan, you'll get a $250 bonus, and they'll enjoy $150 off their settlement fee. It's our way of saying thanks for spreading the word!+
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Frequently asked questions
As an online lender, we operate without the overheads of a physical branch network or broker commissions. Our digital processes and innovative technology help us keep costs down. This allows us to pass those savings directly on to you through competitive home and car loan rates.
If home loan interest rates change, your variable may or may not change depending on the type of interest rate change and how this affects your lender. Your interest rate can increase or decrease with market fluctuations, which may occur due to a number of different reasons, for example a change in the RBA cash rate, or a change in your lender’s funding costs.
Yes, you can change your home loan from a variable rate to a fixed rate, by simply reaching out to our Customer Care Team via phone on 1300 593 396, email customercare@loans.com.au, or by messaging us through Smart Money.
A discounted variable rate mortgage is a type of home loan that offers a discounted rate for a period of time, usually 12 or 24 months. After this discounted period expires, your interest rate will revert to a standard variable interest rate.
Yes, you can add an offset sub-account to the variable portion of your split rate loan.
An offset sub-account is linked to your home loan and helps reduce the interest you pay. Instead of earning interest like a regular savings account, the balance in your offset reduces the portion of your loan that accrues interest. This can help you pay off your loan faster and save on interest costs.
Key things to know:
- It's a sub-account of your loan, not a separate deposit account.
- Funds in the offset sub-account are not covered by the government deposit guarantee.
- The offset cannot exceed your home loan balance.
If you have any questions, our friendly team is here to help!
Marie Mortimer
Managing Director of loans.com.au
Launched in 2011, loans.com.au is one of Australia’s first online lenders
We've since grown to become one of Australia's largest lenders, helping thousands of customers save with award-winning loans, consistently low rates, fast approval, and a seamless digital experience. Our Australian-based lending specialists are on hand to support our customers on their home ownership and car-buying journey.
Sarah
Lending Specialist
Real people, based in Brisbane, Australia
Your home loan specialist will help from start to settlement matching you to the best loan options for your needs.