Unloan | Top Up your home loan

What is a Top Up?

Home loan Top Ups allow you to increase your existing home loan by borrowing against the home equity you’ve built up in your property.

Whether you’re looking to renovate your home, buy an investment property or purchase a new car, a home loan Top Up can be a great and cost-effective way to access extra funds when you need them.

How does a Top Up work?

When you apply for a home loan Top Up, your lender will need to look at your current financial situation, including factors like your income, debts, and what your property is currently worth.

To be able to access extra funds through a home loan Top Up, you’ll need to have built up enough home equity first. Find out more.

We may be a good match for each other if:

You’re refinancing a residential property for up to 80% of its current value
You’re 18 and over and have an Australian Drivers Licence or Australian Passport that is valid or expired within the last two years
You earn a PAYG or self-employed income

Learn more about our eligibility criteria.

We dislike fees as much as you do! That’s why we don’t charge any application fees, ongoing account fees, or exit fees.

In certain circumstances you may be required to pay a Lenders Mortgage Insurance (LMI) premium. Learn more about why this is applied and how it works . Government fees may also apply. Your current lender may charge an exit fee when refinancing.

We’re a fully owned division of CommBank meaning our home loans are built and backed with the financial strength and modern banking technology of CommBank, Australia’s leading bank.

Unloan’s mission is to provide a low-cost home loan that’s easier to take out and more rewarding to live with. As a digital-only home loan, Unloan is available exclusively via our website and our customer support is provided by our dedicated lending team based here in Australia.

For every year your home loan is active, we’ll increase the discount by another 0.01% p.a.** No negotiation, no follow ups. You just get an increased discount every year. Automatically.

It’s our way of saying thanks for staying with us.

We understand our responsibility to safeguard your privacy, and apply strict security and privacy controls in how we handle your information. To find out how we manage your personal information, please read our Privacy Policy.

Our application process is completely digital and designed to make your home loan experience easier. You can apply in minutes.

We’re available to chat between 8am to 6pm (AEST) on weekdays and 10am to 6pm on weekends. Just look for the bubble icon located on the bottom right of your screen to start chatting with our team.

You can also email us at [email protected].

You may also want to check out our FAQs for more answers to common questions.

Unloan offers an unlimited redraw facility that lets you access extra repayments you’ve made on your home loan, above your minimum scheduled repayments.

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