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Reduce Home Loans

4.4

About this business

Location details

WeekdayScheduleStatus
Mon8:30 a.m. to 5:00 p.m.
Tue8:30 a.m. to 5:00 p.m.
Wed8:30 a.m. to 5:00 p.m.
Thu8:30 a.m. to 5:00 p.m.
Fri8:30 a.m. to 5:00 p.m.
SatClosed
SunClosed
4.41,182 reviews
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Anna OC's profile image
Anna OC 
recommend  Recommended
6 years ago

I've only just joined and it's definitely the best rate I've been able to find. Some of the switching process was a bit clunky but I've never done it before so I wasn't sure what to expect. Everyone has been really friendly and helpful.. I haven't accessed my online banking yet but I'll come back in a year to re-review! 

Camis Ware's profile image
Camis Ware 
recommend  Recommended
6 years ago

We first found Reduce Loans while researching online for lower interest rates for our home loan. They seemed too good to be true so read up on some reviews and discovered they were legitimate. The application process was all done electronically which is great because we live in regional Australia. The whole process took longer than expected but it was good to be able to contact by phone or email and speak to the same couple people throughout. It is all sorted now and saving money so it's all good. 

Nick Curtis's profile image
Nick Curtis 
recommend  Recommended
6 years ago

I had a very good experience using Reduce to refinance my home loan. As a contractor who had recently started a new contract my situation was not ideal to be seeking a new loan - however with Reduce Home Loans help I was able to secure what was likely to be the lowest interest rate product available in Australia at the time. I would have given them 5* but at the end there was a time when the communication around settlement could have been a bit better. 

Brett Muncey's profile image
Brett Muncey 
recommend  Recommended
6 years ago

Cheap and professional refinance. very happy with the service from reduce home loan team. better rate than i was on with P&N. cant go wrong with saving a few dollars 

Rachel Kneller's profile image
Rachel Kneller 
recommend  Recommended
6 years ago

They required A LOT more information from me than my previous bank and it was a couple of months of emails back and forth almost daily but it was worth it for the money I'm now saving. The same loan is now costing me $150 a fortnight less so I definitely feel it will be worth my trouble over the life of the loan :) Also they sent me a kit to grow your own chives as a welcome present so that was a cute touch. 

Waiter E. Piatt's profile image
Waiter E. Piatt 
recommend  Recommended
6 years ago

The process took longer than anticipated, but only due to their large workload because of the good product they offer. The team I dealt with were friendly, knowledgeable and professional. I will gladly and confidently recommend this product to family and friends. 

Abhinav Bana's profile image
Abhinav Bana 
recommend  Recommended
6 years ago

Have been with them for over 3 years - always provide best rates, are knowledgeable and prompt in their response. They take the time to review, listen and understand the situation and respond promptly 

Irina Henderson's profile image
Irina Henderson 
recommend  Recommended
6 years ago

Quite smooth process, customer support, dealing with the same person throughout the whole process, comprehensive instructions 

Osndy Lau's profile image
Osndy Lau 
recommend  Recommended
6 years ago

I save $3500/year in interest repayment with Reduced Loans. 

Frequently asked questions about Reduce Home Loans

How is Reduce Home Loans rated?

Reduce Home Loans has a 4.4 star rating with 1,182 reviews. 

When is Reduce Home Loans open?

Reduce Home Loans is open now. It will close at 5:00 p.m.