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Homestar Finance Home Loans

Since 2004, Homestar Finance has been providing Australians with access to a simple range of low rate, feature-rich home loans. Homestar Finance is a non-bank lender which operates without the overheads associated with the big banks. This low rate lender has no branch network, but does offer its customers access to a nationwide network of home loan specialists. This lean lender passes the savings onto its customers by way of low interest rates and no ongoing fees.

Homestar Finance Basic Refinance Loan

The Homestar Basic Refinance Home Loan allows borrowers with a clean credit history to access loans of up to $500,000. Owner-occupiers looking to refinance can save interest with this low rate loan. With no application or annual fee, this loan gives you the choice to split your loan into both fixed and variable interest rates and lets you choose from weekly, fortnightly or monthly repayments. This loan has no offset account but does allow extra repayments which can be accessed through the redraw facility. This loan has a maximum loan term of 30 years and requires a minimum deposit of 30 per cent.

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Homestar Finance Honeymoon Home Loan

Homestar Finance Standard Variable Loan

The Homestar Finance Standard Variable Loan gives borrowers access to a flexible, low rate variable home loan with a list of simple, yet appealing features. Complete with a 100 per cent offset account, this variable home loan includes the ability to make additional fee-free loan repayments. Any additional repayments can be accessed using the loans redraw facility via online or by using an ATM debit card. Homestar’s Variable Home Loan has no application, annual or settlement fees and owner-occupiers can borrow up to 95 per cent of property value for a loan term of 30 years.

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Homestar Finance Easy Refinance Loan

The Homestar Easy Refinance Home Loan is ideal for borrowers looking to switch lenders in favour of fewer fees and a lower rate. This Homestar loan can be used to refinance your home, renovate, purchase investment property or can be used to consolidate debt. With no monthly or annual fee, this low rate loan lets you choose between weekly, fortnightly or monthly repayments and gives you access to an offset account and redraw facility. Borrowers looking for the best of both worlds can split this loan into both fixed and variable rate payments.

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Home Loans from Homestar Finance

Pros
  • Home loans have low fees.
  • Flexible loan options.
  • Loans have competitive interest rates.
Cons
  • Limited branch network.
  • Limited options to contact the lender.
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Customer Service

Homestar Finance customers can make contact with customer support by calling the contact centre or by using the online enquiry form. As Homestar Finance is an only-only lender there is no option for face-to-face customer support. Customers can access their loan details through an online banking interface.

✓     Customer service centre (phone)

✓     Online banking

Applying and Eligibility

Borrowers wanting to apply for a Homestar Finance home loan can either complete an online enquiry form or call through to the Contact Centre for more support. Before applying for a Homestar Finance home loan, consider what you can afford to borrow and what other costs you need to factor in. To apply for a Homestar Finance home loan, you will need to supply the following information:

  • Proof of identity.
  • Proof of income and employment.
  • Provide information about the property you’re using as security.
  • Provide a list of assets and liabilities.
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