We believe home loans should be easy to get, and easier to live with. Before you get started on refinancing to Unloan, here’s a quick guide on the process.

Whether you’re falling off a fixed rate, or feeling the crunch with interest rate rises, you could be on your way to saving thousands when you refinance to Unloan. Before you begin your application, see how much you could save with our savings calculator. You can also use our repayments calculator to see your minimum repayments over the life of your loan.

We believe home loans should be easy to get, and easier to live with. We’ve used the latest technology to make your application experience faster and easier, with six easy steps. Want to learn more about eligibility, loan structures or verifying your income? Visit our Learn hub here.

Complete your Unloan application and one of our home loan experts will be in touch to guide you through next steps, and answer any questions you have. At Unloan, 1 in 5 customers have their applications approved within 24 hours of it being submitted. Isn’t that speedy?

You can check the status of your loan application along the way. Find out how here.

Sign, settle and save! Once you kick off the discharge process with your existing lender, settlement can take between two to three weeks. Our home loan experts will be there, every step of the way to guide you through the process, ensuring it’s smooth. Learn more about settling your Unloan here.

Ready to apply? Let’s get started.

This article is intended to provide general information only. It does not have regard to the financial situation or needs of any reader and must not be relied upon as financial product advice. Please consider seeking financial advice before making any decision based on this information.‍

Unloan is a division of Commonwealth Bank of Australia.

Applications are subject to credit approval, satisfactory security and you must have a minimum 20% equity in the property. Minimum loan amount $10,000, maximum loan amount $10,000,000, and total borrowings per customer across all Unloan loans is $10,000,000. (For purchase loans a minimum 10% equity is required - however a Lenders Mortgage Insurance (LMI) premium and higher interest rate apply. In some cases, depending on the property’s location or type, an LMI premium may also be required for LVR between 70.01% to 80%). For loans with Lenders Mortgage Insurance (LMI) the minimum loan amount is $10,000, maximum loan amount is $3,000,000 and total borrowings per customer across all Unloan loans is limited to $3,000,000).

Unloan offers a 0.01% per annum discount on the Unloan Live-In rate or Unloan Invest rate upon settlement. On each anniversary of your loan’s settlement date (or the day prior to the anniversary of your loan’s settlement date if your loan settled on 29th February and it is a leap year) the margin discount will increase by a further 0.01% per annum up to a maximum discount of 0.30% per annum. Unloan may withdraw this discount at any time. The discount is applied for each loan you have with Unloan.

*At Unloan, we do not charge any annual, application, banking, account, transaction, late or exit fees. In certain circumstances you may be required to pay a Lenders Mortgage Insurance (LMI) premium. Learn more about why this is applied and how it works. Government fees may also apply. Learn more about government fees here. Your current lender may charge an exit fee when refinancing.