As a direct to consumer digital home loan, Unloan aims to take the time and hassle out of mortgage applications.
Unloan’s new technology and processing infrastructure allows it to approve a home loan application in as little as ten minutes, managed entirely through its app.
By utilising a variety of digital verification methods, including Open Banking, Unloan can shift the way that borrowers interact with mortgage lenders, which could offer value to borrowers wanting to digitally manage their home loan.
Additionally, Unloan is rewarding owner-occupiers and investors with a loyalty discount of 0.01 per cent per year for up to 30 years.
Unloan is backed by the Commonwealth Bank of Australia (CBA) though its x15ventures fintech program.