Loan Features
We've designed a home loan that gets you home, sooner.
Get ahead with a Skip Loan
Low Deposit
Borrow up to 98% LVR. Means your savings go further.
Low Rates
Competitive rates. Means lower repayments
Low Fees - No LMI
Find a lower fee or LMI offer and we'll beat it. Means you know you're getting a great deal.
Everything you need
FAQs
Find answers to your most pressing questions
Visit our Rates & Fees page to see our current interest rates.
At this stage, we are unable to offer Interest Only loans. We hope to be able to expand our offering in the future.
At this stage, we are unable to offer fixed interest rate loans. We hope to be able to expand our offering in the future.
Yes. You will have access to a redraw facility through your primary loan. See our Loan Features page for more information.
At this stage, we are unable to provide you with an offset account for your loan. In the future, we hope to be able to expand our offering to include this. For now, we have a redraw facility and you can make unlimited prepayments at no extra cost. For more information on our benefits/features, click here.
The short answer: We’ve focused on helping borrowers who don’t have a “full” 20% deposit. By building a suite of products designed specifically for our borrowers, we’ve been able to make our loans cheaper and more accessible.
There’s no catch.
We’re a mission driven business and our mission is to improve access to homeownership for young Australian families. We’ve done this by creating products we’d use and encourage our friends and family to use. Our loans are simple and we don’t take any equity in your home or have any equity-based incentives.
We’ve worked *very* hard to provide the lowest-cost loans possible and will work even harder to make things even more affordable for you – Australia’s next generation – as we build.
"We would highly recommend Skip to anyone in search of a home loan provider. We are grateful for their assistance in making our homeownership dreams a reality. From start to finish, the process was smooth and efficient and they were really good at communicating what was required in every step of the process."
"The savings and flexibility we had with Skip allowed us to buy our home and add a pool at the same time. Years earlier than we thought possible! By avoiding LMI, Skip reduced our deposit by $21k. We kept that extra $21k in our bank account and used it to build a pool, something we thought would be years away.”
“My family are truly blessed and privileged to get associated with Skip as they made my first home loan process easier. Anyone looking for home loan without LMI,
Skip is there for you!
Way to go Skip!”
“We would definitely recommend Skip to other home buyers - the end to end service has been fantastic.We would like to give a shout out to Mario, He was fantastic and made the whole process really enjoyable. Thank you!”