What different scores mean
9+
Excellent
These home loans offer low costs, coupled with a host of features, giving the best overall value.
7+
Great
These home loans may have slightly higher interest rates or fewer features but overall, a competitive offering.
5+
Standard
Usually the home loans would offer above average rates. They may still include some competitive features.
0+
Basic
Higher costs and/or fewer features.
Compare HomeStart Finance home loans
Hit the "Load more" button to see a bigger selection. You can also find more information on each individual product by clicking "More Info".
1 - 5 of 6
Compare alternatives
We currently don't have a partnership for that product, but we have other similar offers to choose from (how we picked these ):
HomeStart Finance lender profile
- Created by the South Australian Government in 1989, HomeStart offers home loans with less upfront costs, a lower initial deposit and an innovative repayment system that keeps monthly payments at a stable amount despite changes in variable interest rates. It's a for-profit service, but also has an ethic of social responsibility.
- HomeStart Finance is not a Bank, it is a State Government organisation that is 100% focused on providing home loans for South Australians.
- This lender offers other financial products such as existing home, build, refinance, or buy land now and build later.
How do I apply for a HomeStart Finance mortgage?
If you'd like to apply for a home loan from HomeStart Finance, please contact the lender directly.
Eligibility
Each HomeStart Finance product has specific eligibility criteria but some will apply to all products. For example:
- Age. You must be over 18 years of age.
- Residency. You should be a resident of Australia.
- Employment. You should have a regular source of income.
Documents required
When you apply for a mortgage with HomeStart Finance you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:
- Identification documents. You will need identification such as a driver's license, passport or birth certificate.
- Proof of income documents. Recent payslips can establish your income.
- Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).
Detailed guide to home loan applications and paperwork
Looking for more mortgage options?
- Online lenders. Compare more mortgages from online lenders.
- Big Four banks. Check out home loan rates from Australia's Big Four banks.
- Investors. Compare loans for property investors.
- Mortgage brokers. Find out how to get free, expert guidance from a mortgage broker.
What is Finder Score?
The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.
Read the full Finder Score breakdown
More resources on Finder
More guides on Finder
-
Average Australian first home buyer deposit statistics
How much does the average Australian home buyer need to save for a house deposit?
-
Calculate the income needed to buy a home in any suburb in Australia
Work out how much you need to earn to buy a house in any Australian suburb.
-
What is loan to value ratio (LVR)?
Your guide to home loan LVRs and how you can determine your loan to value ratio.
-
Mortgage stress calculator, plus tips and support
Mortgage stress refers to when a homeowner is paying over 30% of their income towards repayments on their home loan.
-
LMI waiver for professionals
Repay your loan faster and save thousands by finding a lender that will reduce your LMI. To find the right home loan for you, compare different loans today.
-
Loan Portability – What is home loan portability?
Loan portability allows you to transfer home loan accounts, from your current home to a new property, without refinancing.
-
Compare low deposit home loans
You may be able to get a low deposit home loan with just a 5% cash deposit. Here are the lenders who are more likely to lend you a 95% loan.
-
Lenders mortgage insurance (LMI)
Lender's mortgage insurance is the upfront charge that you pay when you borrow over 80% of your property's purchase price.
-
Variable home loan rates comparison
Find a great deal on a variable interest rate home loan from lenders large and small. Start comparing and saving today.
-
Best home loan rates – 6 expert picks
Learn how to compare rates to find the best home loan and start saving money on your mortgage today.
Ask a question