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I’m not sure which type of loan or features will best suit my needs. What do I need to know before I apply online?

While it’s not essential to know all the features you’d like with your loan, you will need to know which Qantas Money Home Loan you’d like to take out so you select the relevant ‘apply now’ button on our website. You’ll be asked a series of questions during the application process that will allow us to assess whether you’re eligible for one of our loans.

For example, we’ll ask what the loan is for and what your goals and objectives are for acquiring the loan. We’ll also help you narrow down things that are important to you, including:

  • If you prefer knowing how much your repayments will be so you can maintain a budget (i.e. fixed rate) or if you prefer loan flexibility (variable rate)
  • If you’d prefer Principal & Interest repayments, or Interest Only
  • How long you would like to pay off the loan
  • Whether you want features with your loan, such as an offset facility and debit card

You can switch between a Basic and Offset Home Loan during the application process if your preferences require it. However, because the Atlas Home Loan is funded by a different lender, you can’t swap between a Basic/Offset Home Loan and an Atlas Home Loan. If you’d like to change, you’ll need to start a new application. Please note that if you start a new application with a different lender, a separate enquiry will be noted on your credit file.

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