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Tiimely Home home loans
Tiimely Home (formerly Tic:Toc) is an online-only lender that offers a completely online application process. Applicants can apply any time from their phone or computer and can have approval on the same day. Tiimely Home doesn’t charge application fees, valuation fees or loan processing fees. Borrowers can choose between variable rate and fixed rate loans, with offset accounts available for both. Repayments can be made weekly, fortnightly or monthly. Note that Tiimely Home is backed by Bendigo & Adelaide Bank.
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Why choose Tiimely Home
Tiimely Home Home Loans
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Use our home loan calculator to see how much you’d have to repay under different borrowing scenarios.
How to Apply
Borrowers wanting to apply for Tiimely Home home loans should know that the process is 100 percent online, though if they need any assistance there is a customer service phone number available. Before applying for an Tiimely Home home loan, consider what you can afford to borrow and what other costs you need to factor in. To apply for an Tiimely Home home loan, you may to supply the following information:
- Proof of identity
- Australian citizenship or permanent residency. You must also live in Australia
- Proof of income
- Internet banking logins or at least 3 months of transactional statements
- Have a 10% deposit
Tiimely Home home loan rates
Tiimely Home mortgage rates are typically on the lower side for both owner-occupiers and investors, compared to the Big Four Banks.Tiimely Home is an online-only lender, so it doesn’t have to maintain the expensive branch networks run by traditional banks, which means it can undercut them on interest rates. They also offer fewer frills than large banks, making it easier to charge their customers lower rates.
Tiimely Home home loan rates vary from product to product. While most of Tiimely Home's interest rates tend to fall between very low and moderately low, investors do pay higher rates than owner-occupiers. As a general rule, principal-and-interest borrowers are offered lower rates than interest-only borrowers, and variable home loans have lower rates than fixed home loans.
Tiimely Home home loans review
Tiimely Home home loans are perhaps better suited to customers looking for a competitive interest rate, and do not rely on face-to-face customer service. Home loans offered by Tiimely Home are relatively no-frills, and in return, they tend to have low interest rates and low fees.
Tiimely Home does not operate any bank branches, so their mortgages are only suitable for those who are comfortable with their customer service living 100% online and over the phone.
Tiimely Home does not charge an application fee or monthly administration fees. There is no charge for redraw, though customers do pay a monthly fee for offset accounts. Customers are permitted free unlimited additional repayments.
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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.