While you want to make sure your home loan gets approved, don’t hesitate to research how to get a lower interest rate, too.

Interest rates are determined by multiple factors, such as: the lender you are considering, your income, your deposit and more. You can certainly do some things on your end to improve the rate you receive.

Let us guide you through 6 quick tips tailored by our Experts that may help you get a lower interest rate.


How To Lower The Interest Rate On Your Mortgage

Improve Your Credit Score

Starting from your payment history and account balances, your lender will take a good look at your credit situation when analysing your application.

If you aim to secure the lowest interest rate possible, it’s time you start improving your credit. In case you are applying for a joint loan with a spouse or other partner, pay attention to their credit as well.

Although credit bureaus like Equifax don’t disclose their credit score calculation process, here’s a brief estimation of the formula they use:

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Our relationships with our panel of lenders allow us to negotiate your interest rate.

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We can help you navigate the often complex pre-approval and application process.

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We get a complete understanding of where you’re at and what your ultimate goals are.
You’ll get a recommendation in just a few simple steps.

free assessment
1

Complete our free assessment form or call us.

situation
2

We assess your situation.

options
3

We look at all the options from our panel of lenders.

suitable home loan deals
4

We will find you the most suitable home loan deals.

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Facts
about us

50+

lenders on
our panel

$4B+

lent Australia-wide
and counting

Westpac
ANZ
Nab
AMP
Qudos
Firstmac
Common Wealth
St George
ING
Homeloans
Macquire
Suncorp
Pepper Money
Me Bank
Bankwest
75%

of our borrowers get
approved with a major bank

95%

of our borrowers get a discount
below the bank standard variable rate