Quick Summary
Funded by:
Advantedge Financial Services
LMI Provider:
Helia (formerly Genworth) and QBE LMI
FASTLend is a non-bank lender that believes in making the loan experience as easy as possible. As a member of FAST, a mortgage broker is accredited with NAB Group, one of the largest broker groups in Australia.
With a FASTLend home loan, you can get personal expert service, along with the tranquility of mind knowing that your loan is managed by Advantedge Financial Services, also part of the NAB Group.
How do FASTLend’s home loans compare?
Cons
- Customer Care team is unresponsive and slow for support
- A lot of back and forth to get the loan approved
- Very difficult to navigate and limited online tools
- Their loan rates are not competitive
- Hidden fees and high break costs during refinance
- Only available through brokers accredited with the aggregator FASTLend
What home loan types does FASTLend have?
FASTLend has straightforward and flexible home loan products to help you get the property of your dreams. Whether it’s a variable-rate, fixed-rate or a construction loan, you get to choose according to your needs and situation.
Variable-rate loans
This product is for flexibility. You can make extra payments and redraw the surplus funds, so you’re ready for the unexpected. A variable-rate loan gives you the liberty to repay your loan your way, while also enjoying FASTLend’s competitive interest rates in the market.
Fixed-rate loans
This product is for certainty and peace of mind. You can calculate exactly how much your interest rate and repayments will be, with an option of fixed-rate terms from 1 to 5 years.
Construction loans
This product is for the funds to build your dream home. Your builder will receive progress payments as each stage of your home is completed. Construction loans can be chosen for the full cost of constructing your home or just the portion of the building contract, and you pay interest as your progress payments are paid to your builder.
Compare FASTLend with other lenders
Not sure which lender is right for you?
Our mortgage brokers at Home Loan Experts can help!
Give us a call on 1300 889 743 or fill in our assessment form to discuss which other lenders may be suitable for your situation.