How to get started with Well Money
Get the home buying advantage
Homely has partnered with award winning mortgage provider, Well Money to help you with your dream home. With some of the lowest rates in Australia, Well Money is here to guide you through the smart financial decisions that will make that dream a reality.
Join the family today and experience the Well Money difference.
5.81%
5.85%
No upfront credit checks, so it doesn’t hurt to have a look. Find out how much you could borrow today!
Get your free consultation today
Choosing the right partner for you
Why choose Well Money?
We’re not like other online lenders. As a 100% family owned business, we understand that everyone’s needs are unique. That that means some good old fashioned customer service is at the heart of what we do.
Well Money started with a mission of keeping our rates as low as possible while ensuring that the service we provide to our customers is second to none.
We believe that technology should enhance, not replace, the human interaction so we combined our technology with a dedicated team to ensure you get a personalised experience, tailored to your unique needs.
Lower rates
Our competitive rates can make your finances more manageable.
Dedicated experts
Real people, online. Get a helping hand and speak to our dedicated home loan experts for any finance questions at all.
Tailored solutions
With a variety of loan types and options, a Well Money home loan can be personlised to your unique situation.
Effortless digital process
A simple online application experience can be done with as much or as little hand holding as you'd like.
Featured Well Money home loans
Rates and options for owner occupied loans
Get lower rates from day 1 with our super-low rate home loans.
No unfair loyalty systems or unnecessary features. Just great features, at a great rate.
- Max 95% LVR available
- 10-40 year loan terms
- Visa Debit card
- 100% Offset accounts
- Self employed options available
FEATURED "live-in" loan
Ultimate Live-in
- Avoid renting while you buy
- 100% Offset available
- 60% max LVR
- Loan amounts: $150K - $2m
5.81%
Interest rate p.a.
5.85%
Comparison rate p.a.
Complex "live-in" loan
Flex Live-in
- For complex situations
- 100% Offset available
- Flexible income options
- Loan amounts: $150K - $3.5m
7.27%
Interest rate p.a.
7.64%
Comparison rate p.a.
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How to get started?
Once you’re ready to chat about a Well Money home loan it only takes a few minutes to get started. Filling out our easy enquiry form (so that we can make sure you’re eligible) is all it takes!
At Well, it’s as personal as online gets.
Enquire now
Enquire about our home loans by filling out the enquiry form, booking an appointment online or using our livechat features.
Talk to the experts
Once we've got your enquiry, we'll get you booked in with an expert who can chat to you about your owner occupier options.
Get approved
Once you've been approved, you'll be able to rest assured that you're ready to go with the buying and selling process.
Settlement!
Once you've settled your home loan, you can start the process of relaxing in your new dream home.
Frequently Asked Questions
Important information
Once you’re ready to explore a Well Money home loan, it only takes a few minutes to get started. Filling out our easy application form (so that we can make sure you’re eligible) is all it takes!
At Well Money, it’s as personal as online gets.
What can I be conditionally approved for?
Homely has partnered with Well Money to provide access to award winning home loans. When you buy a house and require finance or look to refinance an existing home, the Well Money team of experts are able to help. A WellCheck is an indication of your scenario to provide quick access to your borrowing power.
A conditional approval provided by Well is based on the Well Money credit criteria and can only be provided once you apply. The team of Well experts will guide you through loans, options and features after a WellCheck so you can be conditionally approved and have finance ready for your property needs.
Who can apply for a Well Money home loan?
By getting starting with a WellCheck you can find out what sort of loan and how much you can borrow in just a few minutes. You can apply entirely online and at any time, you can speak to an expert. In general, the eligibility for a Well Money home loan includes:
- You are over 18 and you’re an Australian/NZ citizen or permanent resident living in Australia
- You have a deposit of some kind (see below for deposit information)
- At least one borrower has a job. There are options for PAYG, Self Employed and Casual too.
- Good credit history. Overall, you must have decent credit. A few blemishes can be ok and if you’re not sure, just call us. NOTE: A WellCheck and Pre-Approval with Well assumes that you have no credit issues. A credit report is not run for a WellCheck.
- The property that you are looking for may affect how much you can borrow and we have some LVR restictions on apartments and other property types outside of metro regions. We will be able to advise you on the type of property with your pre-approval.
What sort of conditions are on my approval?
With any conditional approval there are some conditions (hence the name!). We will outline the conditions of your approval on your official paperwork so that you will know at all times. Typically, conditions would include:
- Subject to a credit check. We assume you have good credit. If we find out you don’t, then the approval might not progress to a full approval and you might be without finance.
- You don’t go spending your deposit on anything other than a deposit.
- The location and property type needs to be in line with the details provided. Don’t go buying something that we can’t lend on!
- Don’t be spending far in excess of what a property is worth. Do your homework. For example, don’t pay $600,000 for a property that would only be worth $300,000. You can get property reports these days.
- Keep in mind that we will still need to do a full assessment. This will include valuing the property for mortgage purposes, potentially getting LMI, checking your credit and maybe asking more information of you.
If there’s ever any doubt, it’s always best to ask us first. We want you in that home as much as you do!
About this partnership between Well and Homely
Well Money is the trading name of Flexstar Mortgage Corporation Pty Ltd ACN 154 777 152 and holds an Australian Credit Licence number 430334. Homely Pty Ltd (trading as Homely) and Well Home Loans have enterred into a strategic partnership to help make home buying simpler and more affordable. This partnership provides for Homely.com.au to bring the Well Money calculations and tools into the Homely.com.au website experience to create better experience for users searching for property.
Homely Pty Ltd may be compensated for referring customers to Well Money for finance and any commissions on your loan will be disclosed by Well Money prior to entering into a credit contract.