Reduce Home Loans (page 2 of 39)

We are very happy with our awesome deal, low interest rates and the extra effort made to meet our short settlement time. The only reason this is not a 5 star review is while the people and broker are lovely people to talk too we found our broker quite hard to contact at necessary times. This meant our settlement was 3 days late. Thankfully all worked out ok and we are happy with our overall experience so far.

Reduce have been so helpful getting us our new home loan, they took the time to fully explain every step and we there to support us at each one. We are saving hundreds each month and couldn’t be happier!

easy application process. However some smaller stuff ups due to lack of accuracy, which got resolved eventually from Reduce Home Loans.
Overall a great interest rate and quick approval process though.

Easy to deal with. Open communication with regular updates about the status of the application. Highly recommend given the large reduction of the interest on my previous home loan with one of the major banks.

Reduce HL has the lowest comparison interest rate that I could find. Reviews showed that they were great to deal with and had even won some industry awards.
The application process took a little longer than I had anticipated, but I now have the loan I want at a great interest rate.

Reduce Home Loans offered us a market beating rate and the option of an offset account (great if you've got savings with current low returns on savings accounts). The application process is straightforward and completely online. Account managers are responsive when needed (not that we needed much assistance). We had to pay $250 valuation fee, up front which was refunded upon settlement. Online banking is available; there aren't many whistles and bells with the online accounts but that really isn't an issue.

Very happy with my Reduce Home Loan. The process took about 9 weeks which was a bit longer than hoped, but with the lowest interest rate I could find, I can’t really complain. Online banking available but no app, but still for the low interest rate it’s a compromise I’m happy to make. Would definitely recommend Reduce.

The customer service was great, online submitting of documents was easy and overall it was a good experience. I would recommend others look at Reduce as the interest rate is very competitive.

What a great company. I am always so confused when it comes to home loans, but Reduce Home loans communicated with me in simple language so even I could understand it. There were some communication issues along the way where a request was made by reduce but not received by us, so the application was stalled for a short while (hence why they only get 4 stars). But all in all one of the best companies I have dealt with when it comes to mortgages. We got a great rate and I am happy with the outcome.

Take longer time than other banks (5 weeks for us) but worth the time as the interest rate is low. Good service. Get response promptly from the case manager or credit team.

The process took a while but worth the effort and time in the end..! Dane and the team helped us through the process all the way - it was super duper..!

There is a bit off effort that goes into the approval process, but once you are through, this is the best interest rate you can get! Would get all of my future loans through Reduce.

Customer Service was good, helpful and friendly but requires more communication between different departments-same paperwork requested multiple times and slowed things down. Rates are the lowest I have found to date! The whole process of refinancing was very slow and at times frustrating, but it was worth the wait!

All the staff were helpful with whole process. The refianancing process took bit longer than expected but other than that it was good. All our queries and questions were well addressed.

Fantastic, easy to deal with.had a very smooth transaction refinancing my home loan and saving thousands on interest. My interest rate was second to none. No hidden costs everything explained.

Other than the rate received for the loan, which contributes to 80% to why I went with Reduce Home Loan, my experience have not been fair. In the end I had to do most of the leg work to lock in a settlement date, while the staff at Reduce just kept saying it was the out going lenders problem.

Fortunately I was refinancing so I wasn't in a hurry to settlement the loan. But I can understand why I have seen reviews elsewhere that some lenders missed their opportunity on landing their dream home because of the Reduced/Galilee.

I would recommend Reduced if you are looking for the lowest rate and if you are not in a rush.

The rate is best in market, so the end result is what we wanted, however the process in getting there is very frustrating. The same details requested multiple times, over a period of time that got increasingly long. We were refinancing, so time was not ultra critical, but I would not use if I was purchasing a property and required finance by a certain date in order to fulfil a contract.

I got a great rate and am happy with the end result. My only issue was the slow response rate - other than my broker, all other enquiries needed to go through generic email addresses, so the response was extremely slow.