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    Reduce Home Loans
    Based on 632 reviews
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    sara yuansara yuan
    03:52 18 Mar 24
    Working with Ben Ithell and his team was a great experience. The team was very knowledgeable and patient with my questions. They were always on time and reply my emails quickly.Excellent…I would give them my highest recommendation!
    Mark JohnstonMark Johnston
    01:37 06 Feb 24
    Ben Ithell was fantastic, laid all my options out for me. Got me good deal especially considering the unusual circumstances I was in. He kept me up to date, communicated well and was always available to help as I needed it.
    craig kimptoncraig kimpton
    10:02 18 Jan 24
    Professional staff that keep you well informed throughout the process, and provide great savings with lower rates.Ben Ithell was a pleasure to consult with, diligent and extremely professional throughout. Thanks Ben.
    vineet sagarvineet sagar
    08:06 16 Jan 24
    Vaughan Enright was great to deal with. Not only he is well versed with all the home loan technicalities, he also has soft skills to deal with not so knowledgeable people like myself. Communication was outstanding with emails/calls immediately being answered.
    Angie ChuAngie Chu
    11:16 09 Jan 24
    Thank you Reduce Home Loans! If we could give more than five stars, we would. Especially to Ben Ithell whose professionalism and help throughout the entire process was second to none. He is genuinely attentive, caring and a patient customer service/finance manager! We would certainly recommend him to anyone!
    Havea ValaHavea Vala
    16:41 08 Jan 24
    Jonathan DoddJonathan Dodd
    06:47 02 Jan 24
    Amazing experience, I cannot recommend this company or Kurt more. He found a path forward when multiple brokers (at other companies) could not make it work. Kurt does not mess around and I wholeheartedly recommend him if you need to get a loan.
    Alex JenkinsAlex Jenkins
    03:46 21 Dec 23
    I used Kurt Trendle from Reduce Home Loans when completing my refinance. I found him to be extremely helpful, patient and found the right loan for me. I found the whole process to be extremely easy with Kurt. Thanks again!
    Patrick SimonettiPatrick Simonetti
    13:25 22 Nov 23
    Kurt was excellent to deal with. Great customer service, very helpful and experienced. One of the best rates on the market.
    Kate EverettKate Everett
    08:27 08 Nov 23
    Exceptional customer service provided by Nick Freney in assisting us to navigate three separate loans. Wouldn’t hesitate in strongly recommending him to other prospect customers.
    Patrick DawsonPatrick Dawson
    05:55 30 Oct 23
    Just settled on my refinance with Vaughan at Reduce Home Loans. He made the process super easy and efficient. Was also great to be informed regularly throughout the entire process to put my mind at ease.Thanks 👍
    Rina WRina W
    23:27 28 Sep 23
    We have been with Reduce Home Loans since 2015 and they've consistently secured the best rates and account features for us. This month we refinanced to a very competitive rate thanks to our Personal Finance Manager Connor.Connor provided us with helpful guidance and thoroughly answered all our questions. Everything was completed promptly and he was so responsive with our queries. The application process has also become much more streamlined and user friendly over the years.Thanks to Connor (and previously Rhyse) at Reduce Home Loans, we've been able to achieve our dream of having a home for our family. We highly recommend them for their personalised, exceptional service and expertise, as well as their broad product offering. Thanks again!
    Dev GovekarDev Govekar
    23:10 24 Sep 23
    I have used Reduce Home Loans recently. I have dealt with Vaughan from Reduce Home Loans. I find Vaughan very helpful and easy to approach. I think they have great knowledge and great interest rates options and cash back offers. I will recommend to seek their advice for new home loans. Thanks, Dev
    Hin LHin L
    06:42 07 Sep 23
    Zachary has been fantastic through out the whole process.
    James ZhangJames Zhang
    07:43 21 Aug 23
    Kurt was phenomenal, very knowledgable, patient and communicative across the entire process. Can't recommend them highly enough.
    Melanie MaclureMelanie Maclure
    04:35 10 Aug 23
    Vaughan Enright has been an absolute pleasure to deal with. He is always extremely responsive and helpful, listens to my needs, and has been working with me to get the best he can. He has been reliable, getting back to me quickly, calling when he says he will (great timekeeper). Very happy with the experience as I initially called 3 or 4 months ago, he has been very informative from tyre kicking/semi serious stage to now at crunch time. Definitely recommend working with him.
    Wendy ReevesWendy Reeves
    02:23 03 Aug 23
    I have used Reduce Home loans several times to refinance our loan. I cannot recommend them highly enough. They are extremely knowledgeable and have access to highly competetive interest rates. Their communication throughout the loan application process is excellent and it is very easy to get in touch with them when you need to. Definitely use Reduce!
    Brad GosbellBrad Gosbell
    07:41 21 Mar 23
    Nick and the team never fail to impress and always achieve better than expected results. With a great network of lenders and products they always manage to deliver, keeping you well informed along the journey. Always know I am in capable hands and a achieving the best of what's out there.I cannot recommend Reduce highly enough. 11 out of 10! Keep up the good worm 👍
    Richard WRichard W
    04:34 20 Mar 23
    Prompt customer service and staightforward process. Access to great rates. Clear communication. Loan settled without problems and would definitely use them again.
    Kumbi MKumbi M
    04:06 20 Nov 22
    We have been working with Reduce Home Loans for a few years now. We have done some refinancing of home loans and have applied for new home loans with Reduce Home Loans. Each and every time we managed to get some awesome deals, lowest variable rates available on the market. I highly recommend Reduce Home Loans. We will definitely use them again in future!!
    Michelle DavisMichelle Davis
    21:15 15 Sep 22
    Nick Freney, from reduced home loans, was fantastic. He made the whole process of refinancing my house loan, hassle free and also got me a great interest rate. I can't recommend Nick and his team highly enough.
    Goran MaricGoran Maric
    03:46 15 Sep 22
    Reduce were very easy to work with, and they got us the lowest variable rate on the market - which is saving us thousands each year.Highly recommend. We'll definitely go with them again in the future.
    David ElmerDavid Elmer
    10:05 30 Aug 22
    Overall, we are happy with our experience at Reduce. We moved from another non-bank lender, who wouldn't move our rate, despite their new owner rates being much lower, and our loans under what we originally borrowed. Nick and the team from Reduce were very easy to deal with, and our rate has been competitive since we started with them.
    Jon McilveenJon Mcilveen
    06:52 11 Aug 22
    Just refinanced with Reduce Home Loans. Better interest rates, staff have been nothing but helpful and easy process. Can't ask for more!
    Chris LimChris Lim
    07:55 04 Aug 22
    I had a fantastic experience dealing with Reduce Home Loans who provided finance for my SMSF to purchase an investment property in July 22. I was particularly impressed with Bryce Stimpson's helpfulness, knowledge, responsiveness, professionalism and pleasantness. I received an excellent rate and am happy I went with Reduce.
    Peta GeakePeta Geake
    02:41 04 Aug 22
    Using reduce loans has saved me a lot of money on our home loan. The staff are professional and caring, always easy to get in contact with and there to help with any questions you. The switch from one of the big 4 banks (wont name names of who was ripping us off!) was easy with reduce loans. I highly recommend anyone to get in contact and see how many money they can save you.
    Amanda BeresfordAmanda Beresford
    20:09 16 Jun 22
    Reduce Loans were able to find us a much better home loan rate. The process was so easy and we were walked through every step. Everything was done online and the whole process was handled quickly. I would highly recommend working with Reduce Loans.
    Matt HingstonMatt Hingston
    00:42 16 Jun 22
    We secured a great loan with Reduce far below market rates of the large lenders. Was particularly impressed by their flexible banking style in setting up the loan and Nick Freeney was great to work with in the loan application. The only issue is the application process was longer and more admin intensive than some other loans so removing one star - but if you stick with it you can save a bunch over the life of the loan.

    Our Simplified Home Loan Process For You

    At Reduce Loans, we have developed our process to make it simple for you to apply for a home loan. 

    Our dedicated team is here to help you each step of the way, from the moment you are thinking about purchasing a property to the day of settlement. 

    We are committed to keeping our customers informed throughout the entire home loan process, so you will feel confident in their decision-making. 

    Our process provides you with a streamlined approach designed to get you into the home of your dreams!

    1. You’ve decided to buy a home!

    You’ve made the big, exciting decision to buy a home, or move to a new home. Your first step is to find the best home loan. 

    Reduce Loans can help you through the entire process. 

    Our friendly experts are ready to provide you with tailored advice and product recommendations to make sure your home loan is best for you and your needs and makes financial sense in the longer term. To get started on your borrowing journey, contact our team of Personal Finance Managers at 1300 REDUCE (733 823). We’ll be more than happy to discuss all things related to home loans and guide you along each step from start to finish. 

    If you’ve got any general enquiries not covered by our managers, feel free to explore our FAQs for quick and easy answers. Reduce Loans is here for you!

    2. Find the best home loan for you

    Reduce Home Loans makes it easy for Aussie customers to access affordable finance, with low-rate loans available across the country. Our process is simple and stress-free, no matter where you’re from! 

    Don’t take our word for it! Compare Reduce against the Big Banks on Australia’s leading financial comparison tools like Rate City, Canstar, Finder and Mozo – you could save hundreds of dollars a year. 

    Alternatively, have a look at our fantastic product range directly and compare our home loans to find the one that best suits your needs. 

    Don’t hesitate to talk to Reduce Loans today – we make loan comparisons painless and efficient!

    3. Complete your home loan application in minutes

    Applying for a Reduce loan is the biggest step you can take towards owning your dream property.

     Reduce makes it easy with our process – simply visit our home loan pages and select the right Reduce product to fit your needs. Better yet, give us a call on 1300 REDUCE (733 823) to speak directly with one of our accredited Personal Finance Managers who are always ready to answer your questions, provide advice and assess your serviceability. 

    Life doesn’t get any simpler – no jargon, no obligations and absolutely no fuss! So don’t hesitate to reach out – before you know it you’ll have the team at Reduce helping you get the best deal possible.

    Loan application form

    4. Easily send and receive all your documents with your own personal portal

    Reduce Loans strives to remain as transparent and helpful throughout the entire process of applying for a loan as possible. We provide a digital platform that is easy to navigate and use, plus our support and advice services are available at all times. 

    Once you submit your application form, our Personal Finance Manager will review that paperwork with Credit Approval Officers to get you Conditionally Approved. If any additional details are required, your Personal Finance Manager will contact you straight away.

     This level of customer service makes Reduce Loans stand out from the average loan providers. We put in the extra effort to ensure our customers are in the know about the current status of their loan applications. 

    What documents will I need for my home loan application?

    Typically, documents required to secure a home loan include: 

    • Identification
    • Payslips and proof of sustainable income
    • A list of assets and liabilities
    • Other documentation may be needed, depending on your personal circumstances. Your Personal Finance Manager will confirm all documentation needed for your application.

    5. Conditional Approval – You’re almost there!

    Congratulations on taking the first step towards achieving home loan approval! 

    With your Conditional Approval, Reduce Loans has given you an insight into how much they’re willing to lend. From the documentation submitted, they’ve established that you’re capable of servicing the loan amount once it settles. 

    To achieve Formal Approval, there may be further information that Reduce Loans needs to receive from you. Your friendly Personal Finance Manager will be in contact with any required documents and is always available for any questions you may have, as well as organising a valuation for your new home. 

    Reduce Loan’s efficient process can give you peace of mind knowing your application is in safe hands!

    6. We’ll arrange the valuation of your home

    After you have received your Conditional Approval, a valuation company representative will get in touch with you to accurately price your home. 

    Rather than settling for data from real estate websites, the valuation representative from our team will inspect the property and provide the lender, your Personal Finance Manager and yourself with a clearer and more accurate picture of its true worth.

    Things to consider when applying

    7. Congratulations! Your loan has been Formally Approved

    Receiving Formal Approval for your loan application is a huge accomplishment and something to be celebrated! 

    This seal of approval from the funder means that your property purchase has been accepted as an acceptable security for the amount and terms you requested. 

    Now, all that remains is to provide your Personal Finance Manager with purchase documents from the Real Estate and agree on a settlement date. 

    Different lenders have varying waiting periods between Formal Approval and Settlement; however, generally loans settle within 6-12 weeks so you’ll soon have access to your funds. Congratulations on this momentous occasion!

    8. Settlement date – Get the keys to your new home today!

    Your Settlement date marks the end of Reduce Loans’ process and the start of an exciting new chapter for you. 

    All involved parties sign off on the purchase or property transfer documents, allowing you to receive your loan funds and finally get the keys to your new home. 

    If this settlement represents a refinancing, be prepared to enjoy all of the benefits of a reduced rate, like increased savings and added financial freedom. 

    We are happy you chose Reduce Loans to make this transition easy and stress-free for you.

    Enjoy your new home!

    Find the Cheapest Home Loan that’s right for you

    No matter what stage of the home loan journey you’re at, we’re here to help you find a great rate across variable, fixed or a mix of both.

    Our home loan range also offer great features and flexibility, so you can apply with confidence.

    Crunch the Numbers

    We’ve got a number of home loan and finance calculators available for you to easily crunch those hefty numbers. Give it a try!



    Compare rates, features and fees across all our home loans in this easy table.