Once you have signed offer to purchase on your new home Better Compare is here to help you find the best interest rate and deal on your home loan. Our home loan comparison service will send your application to up to 8 banks. Your own bank may not offer you the best deal, so it pays to compare multiple quotes from more lenders!
Increase the speed of getting a home loan offer, since more banks will compete for your business. Simply complete our quick and simple home loan quote form to get going.
Technology now makes it easier to get multiple quotes from the top banks. We’ll submit one application from you to multiple banks, including your own, saving you time and effort. These banks will then typically take 3 to 5 days to assess your home loan application. They will check things such as your employment, salary and credit history. Your application will then be approved, declined or the bank may require a little more information.
Once your home loan is approved in principle the bank will instruct an assessor to value the property. Once the bank is happy, a formal quotation will be provided to you. Our service will then help negotiate the best interest rates for you.
Once you have accepted the quotation, the bank will arrange for their bond attorney to register their bond over the security of your property. The final step is registering the bond which may take two months or so.