Homestar Finance will be offering a $30 Coles Myer voucher to customers with newly settled loans, to encourage them to write a positive or a negative review starting from March of 2017. It is possible that reviews were written by customers who received such a reward.
Reviewer Photos & Videos
No more Banks For Me
Dorene & Ash was superb making it so much easier than expected to refinance our home and getting us an interest rate lower than we expected saving us 100s of dollars each month, we wont be using a bank again after teaming up with homestar fianance,we was unsure to start with not using one of the big four banks to refinance but its a case of who dares wins with excellent service directing us all the way through.
Helpful and friendly
Ghada was amazing throughout the whole process and was supportive of my buying a first home. She made it simple and explained things that I didn't understand without making me feel like I didn't know what I was doing! I'll definitely go back again if I get the chance :)
Credit approval takes too long - And Im too old
Once the seemingly endless back and forth about evidence was satisfied, the approval process commenced and communication ceased. One month later and a brief message to say credit denied - because I'm too old. I mean 1 month to work that out?
Low rates and helpful customer service
Decided to refinance to Homestar on the basis of their low variable rate, the good reviews on this site and the fee waive offer at EOFY. Whilst I didn't expect to have to put in so much paperwork I can understand the need to supply it all and thankfully Richard guided me through every step of the process. Now the mortgage is in place I find their website very easy to use and so far everything has been smooth sailing.
Top customer service having your own loan specialist. No frills low interest rate!
I've been with Homestar for a couple of years now and changed over from the Commbank due to its attractive interest rate. Homestar doesnt have all the fancy features as the big banks, but it saves you decent coin. Homestar have recently updated their user interface for banking and it is a lot better now. Does the job!
The other best thing about it is having your own loan specialist. Ghada is absolutely amazing at providing the support you need. She is very busy but always manages to find the time to help you. Thanks Ghada!
High customer service with low rates
Ghada our home loan specialist have been awesome every step of the way in helping us refinance. Clear communication with no hidden cost. Homestar also provided the lowest rate that I could find. Ghada listened to our requirement and was so helpful in the process. I was interested in a couple of the loans available and she provided me with details information and what our options were considering our circumstances. Even the settlement agent was helpful as I had to ring to get assistance in filling out the form.
It was a great experience for me with an online lender as I've dealt with banks and mortgage brokers before and the service is on par with low rates.
good for saving money. reassuring loan specialist
We looked around for what would be most friendly for our finances, but with good customer service reviews. Up came homestar. Due to our circumstances we are of limited income, and so didn't have huge confidence that we would get passed for our loan.
We met the unofficial hurdles at the start, but met a speed hump over a high student loan situation.
Our consultant, Ghada Coulton was able to explain things in more certain terms to the bean counters that we would still be able to meet the terms of the loan, despite the student loan, as objectively - that was reality.
Thank you Ghada, we wish you well,
Mary and Bruce
- Verified customer
Overall very satisfied at the beginning of my loan.
Disclaimer: I'm writing this with the expectation I'll receive a giftcard for sharing my experience.
I refinanced with Homestar on the Star Gold Home Loan. I chose this loan as I wanted the lowest cost variable loan by low fee and low interest rate.
- The application process was easier than I expected (lots of information required but I had clear instructions).
- friendly and helpful staff (thank you Patrick and Ash), I received very prompt responses to all of my queries.
- refinance settled exactly when I wanted, the first business day after my fixed term expired elsewhere.
- no annual fee.
- most upfront fees waived with an EOFY special offer....
Low Rates, Flexible Loans and Fantastic Service.
I found Homestar through Cannex. I found their home and investment loan products to be very competitive, flexible and to top it off highly competitive interest rates. I applied for these products for both investment and residential loans and I was given a very good interest rate. I would also like to single out PATRICK VERGA who dealt with my application. PATRICK at all times was clear, timely and very professional and patient with us.
Super competitive rate and efficient service
I contacted homestar for refinancing and spoke with Carolyn from the sales support team. Despite being a little inquisitive about my current loans and securities, all was good and she then put me in touch with Rick from their loan specialist team. Rick was excellent. Super efficient and clear in his communications. Our loan wasn't so straight forward (we came from a loan set up with 1x PPOR and 1x IP with both loans cross collateralised and needed to set up just 1 security against 2 split loans) and Rick did a great job in assessing this and ma...king sure it all worked out. We had to fill out a lot of documentation but this is not unusual (unless a broker is preparing your loan). During the process we also came across a competitors product which was slightly more competitive so we discussed this with Rick and he managed to set us up with a great deal. The new internet banking looks very good and easy to use and just waiting now for our debit cards to come through. The customer service phone line has always been very helpful and efficient. It honestly feels as though you are dealing with a small family company in that everyone you speak to has the authority and the ability to just get things sorted and make decisions. That shouldn't be taken the wrong way either as they were highly professional in all their communications. We are extremely happy with the competitive rates and solution offered by Homestar. I just wish we made contact with Homestar sooner! Only negative would be the lack of Apple/Google/Samsung pay on their debit cards, but this is something we can live with when you consider the fantastic rates from Homestar. Thanks especially to Rick for his support and service.
Great rate with no ongoing fees and friendly service.
I reached out to the Homestar team after some research to refinance our properties. Patrick throughout the whole process was very prompt to assist with all our enquiries. Ash was very helpful in assisting us with liaising with the solicitors. The documents required was abit more than the standard big 4 banks but once you get all your docs sorted it's following the bouncing ball. Patrick and Ash was a great team who got the job done for us with our refinance. Highly recommended.
Really good interest rate and helpful staff
Was looking to refinance my home loan for a better interest rate and found HomeStar Finance. They have a great interest rate and were very easy to deal with. Patrick & Ash were so helpful and guided me through the process of refinancing my home loan. Everything was explained well and the process and documentation was relatively painless. I would recommend Homestar Finance on my experience so far.
Great interest rate - easy to refinance
Ash was our home loan consultant and most communications were completed through email which suited us as we had things in writing to refer to as we went along the process. It was mostly hassle free. Ash kept us up to date in a timely manner. The reason we refinance was because it was a much better interest rate. Would recommend Homestar Finance to anyone looking for a better rate.
Competitive Interest Rate
We recently refinanced our Mortgage from one of the Big 4 Banks to Homestar. Our Loan specialist Jenny H helped us navigate through all the forms that had to be completed. She worked really hard for us to ensure we had the best possible rate. She was very prompt with any queries.
My Original bank even tried to offer us a better rate to keep us, but they couldn't match Homestar rate.
We got an 100% offset account to provide the flexibility for us, so we can ensure all our savings is working on paying off our mortgage. We don't have to pay any a...
Really slow moving company
I put an application to this company due to the fact that there were a lot of positive reviews, but I think they are not true because people are offered reward for positive reviews. Therefore I would like to write a real and truthful experience. After sending the signed contract to them, they said they need 10 business days for final approval. Now it is almost 3 weeks and we are still waiting. Instead of listing all the questions for us to attend, the ask us one question a day. We attend immediately to the question, then few days latter another...question, then waiting, then another question... just keep going. They should have work more efficiently, list all the questions, tick the list then move to the next client. In addition, the communication was not there, we need to chase up and call up at least few times per day to see the progress. I deal with the other banks before and the process was really smoothly, and now my financial position is much more better than before, they still come up with some weird and irrelevant questions. They might be a cheaper than other banks but the required hassles and efforts are a lot. I think I made a mistake of going to this cheap lender.
Questions & Answers
How do I private msg you on product review to obtain my $30 voucher.
Homestar F.Homestar Finance
To private message us, hover your mouse over our logo in our reply to you, click on it and you will have the option to send a message. This is a private message.
I hope this helps.
I would like to know if you give owner occupied home loan for IT Contractors working on ABN from more than 2 years and previously worked in Permanent PAYG role for several years. With 20% home deposit.
Homestar F.Homestar Finance
Could you please private message us with your full name and contact mobile number? To private message, hover your mouse over our logo (in our response to you) and you will have to option to message. This is a private message.
Once we have your details, we'll be able to give you a call, and discuss further with you.
Current cash back offer upto 1500 dollar? What is the minimum cash back offer guaranteed out of 1500 dollar and how will we get this amount in our account? Is that after settlement of loan or before? Thanks
Homestar F.Homestar Finance
Hi Niroj K.,
I hope the below answers all your questions:
Eligibility Criteria for Cash Back
• Owner Occupied Only
• Principal and interest repayments only
• Minimum loan size $250,000
• Maximum Loan Size $850,000
• Maximum LVR 80%
• Refinance only
• New Customers only (excludes borrowers refinancing from Origin Mortgage Management Services)
0-70% LVR = $1,500 Cashback
70% to 80% LVR = $1,000 Cashback
Construction loans excluded or loans introduced to Homestar by a third party. Cashback offer is only available for new refinance applications received between 01.08.20020 to 30.9.2020. Offer available on Star Essentials and Star Classic products for refinance, principal and interest loans. Only 1 cashback per borrowers initial borrowing with Homestar will be paid regardless of the number of loans involved. This offer excludes customers already within the Origin Mortgage Managers Network. The cashback will be available as redraw 60 days after settlement. Discharge penalties will apply if you discharge the loan within 12 months of settlement.
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