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Reviews

4.3

344 reviews
5
(234)
4
(59)
3
(9)
2
(10)
1
(32)
  • Transparency
    4.4 (177)
  • Customer Service
    4.5 (181)
  • Loan TypeVariable Rate (173) · Split (4) · Fixed Rate (3)
  • Application Process
    4.3 (175)
  • Timeliness
    4.2 (173)
  • Loan used for
    • Refinancing (107)
    • First Home (34)
    • Investment Property (11)
    • Second Home (8)
  • Loan Term28.561 years (98)
  • Online Tools
    3.8 (69)
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Reviewer Photos & Videos

Great rate, amazing service, easy refinance!

published

We are so happy with Homestar! We've just settled on our loan, refinancing from one of the big banks and our new rate is a whole percentage point lower than we were on before! Our loan specialist was Jim Kiloh and he has been so helpful and supportive the whole time. Could not recommend him enough!! We looked at a few different places to refinance, and we are so glad we went with Homestar. If you're thinking about it and you're not quite sure, give these guys a go. You won't regret it!!

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateMarch 2020
Loan used forRefinancing
See all answers
3 comments
Homestar Finance
Homestar F.Homestar Finance
Amanda
Amanda

Hi, that's great Thank you,
How do private message you?
Amanda



Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review



Mark

Mark

  • 4 reviews

Quick, easy and save $$$

published

Quick and easy process done from the comfort of your own home. To top it all off you get one of the lowest (if not the lowest)comparison rates on the market. Give the big banks the bird - I did and saved heaps

Transparency
Customer Service
Application Process
Timeliness
Loan TypeFixed Rate
Loan Start DateMarch 2020
Loan used forRefinancing
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1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

emelee

emeleePerth, WA

  • 2 reviews

Best Rate, Amazing Service!

published
Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

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Liz

LizSouth East Queensland, QLD

Refinancing made easy with Homestar Finance

published
Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forRefinancing
See all answers
2 comments
Homestar Finance
Homestar F.Homestar Finance
Liz
Liz

Message sent. Thank you so much Homestar

Peter G.

Peter G.Metropolitan Adelaide, SA

Highly recommended

published

Amazing customer service/communication. Helped me every step of the way.
Very informative upfront and honest.
No hidden costs.
Extremely low rates. Very happy.
Justin Ho really looked after me and made the whole process smooth.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan Start DateMarch 2020
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

Terrible customer service

published

Good rates however the customer service is pretty dismal. They are very nice and helpful right up to the point the application process begins, after that customer service goes out the window. You definitely don’t feel like a valued customer and you are made to feel like you’re lucky to being doing business with them. I have not enjoyed the experience. I would consider going elsewhere if I had the opportunity again.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance
HandN

HandNGreater Melbourne (Inner), VIC

Refinancing & Investment property acquisition

published
Transparency
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan used forInvestment Property
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1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

Michelle Parnaby

Michelle ParnabyPerth, WA

  • 2 reviews

The future of banking

published

Ghada was amazing and went into bay for me in winning my loan to refinance and experience a better life without debt
The rate is very low compared to banks who wouldn’t even consider giving me a loan.
I highly recommend Ghada

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan used forRefinancing
See all answers
3 comments
Homestar Finance
Homestar F.Homestar Finance
Michelle Parnaby
Michelle Parnaby

Oh where do I private message

Homestar Finance
Homestar F.Homestar Finance

Excellent service and great rate

published

Great customer service great rate and very satisfied with over all performance and decent savings on my current loan high recommendation to the people who are interested on saving money

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

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Slow application process & online banking laughable

published

Took over 2 months from our initial application to settlement, with lots of hidden fees along the way. We would not have changed from our big 4 loan if we had been aware of all the costs and laborious paperwork involved - including $49 EACH for the VOI at the Post Office (which also takes a good 30 mins).
The online banking system is embarrassing. There is no option to transfer additional funds into the loan account, I can't find the loan account details, and I'm not able to edit our fortnightly transfer amount. We have not heard anything from Homestar since the loan settled - no welcome pack, no debit card, no account detail notification. I tried contacting them again this morning and keep getting told to call their 1300 number.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance
Richard E.

Richard E.Sydney Surrounds, NSW

Saved my family's finances!

published
Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance
brownbag

brownbagSouthwest, VIC

  • 3 reviews
  • Verified customer

Great experience lending with homestar

published

I've now used Homestar twice and would go back to them again if possible. They made the process easy and were efficient all the way. My loan specialist worked very hard to ensure that all was done in time, even coping with our change of plans.
Homestar are not as able to take into account business circumstances and partnerships as some lenders but if you have a simple setup you'll get great service, and all the basic benefits that you need (offset, redraw) without paying a premium in interest.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forInvestment Property
See all answers
2 comments
Homestar Finance
Homestar F.Homestar Finance
brownbag
brownbag

The reviewer stated that an incentive was offered for this review

Kent & Selena

Kent & Selena

  • 2 reviews

Excellent rates and easy process

published

After shopping around which also included going back to our Mortgage broker Homestar finance still came in cheaper across all other products I looked at. All interaction was done over the phone and by email and once all of our documents were submitted assessment and settlement of our loan to be refinanced was done very quickly. Would definately recommend them to family and friends.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

Jodie M.

Jodie M.Sydney, NSW

Great to deal with!

published

Customer service was fantastic. Our loan was processed quickly with ease. I appreciated our Home Loan Specialist Andrew’s help along the way. I would recommend if you are looking for a new lender to go with Homestar.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance
David

DavidSydney, NSW

Best rates in the markets. Relatively straight forward and agile process

published

After shopping around for a while we found Homestar offered the best rate we could find at the time. All interaction was through email and phone, but Patrick, the home specialist looking after us, was on top of everything and assisted well with the process. We just had a relatively last minute issue with Lender Mortgage Insurance apparently added in the eleventh hour whne it shoulnt. It was not such and more a product of not totally clear wording, and eventually everything turned out as suggested, without LMI or any unexpected fees. If anything I would suggest getting the wording crystal clear, as in the absence of face to face contact total clarity is a must.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forFirst Home
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance
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The team were very helpful with very comparative interest rates. The process was easy and funding came through promptly!

published

The team were very helpful with very comparative interest rates when financing the purchase of my new home. I and my husband were living in different locations but the process was made simple. It was quite easy and funding came through promptly!

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forSecond Home
See all answers
3 comments
Homestar Finance
Homestar F.Homestar Finance
Bronwyn Waters
Bronwyn Waters

[Personal Details Removed]

Homestar Finance
Homestar F.Homestar Finance

Thanks Bronwyn, I've requested review.com to remove your personal details as this is a public website.

WayneC

WayneCFar North Queensland, QLD

  • 9 reviews

No frills. Best available rate

published

John from Homestar helped us through refinancing our home loan. Great communication, quick to respond to all my emails. Settlement went through without any dramas. Easy to navigate online access.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan Start DateDecember 2022
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance

Homely Service and Competitive Rates

published

Richard looked after us along each step of the process. Rates were very competitive. I would recommend it to friends and family. Look forward to starting the journey with Homestar.

3 comments
Homestar Finance
Homestar F.Homestar Finance
TShi
TShi

Private message here?

Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

Phil

Phil

  • 2 reviews

Excellent customer service and top rates.

published

I was refer to homestar by my colleague for remortgage. My experience with homestar customer service was excellent and they know their products and happy to walk you through the process without the hard sale tactics.

Transparency
Customer Service
Application Process
Timeliness
Loan TypeVariable Rate
Loan Start DateNovember 2022
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance
Meghan K.

Meghan K.Greater Melbourne (Outer), VIC

Highly Recommend

published

Ash and Rick were so helpful and prompt with organising our home loan for us. Paperwork was collected in advance to ensure no delays. They were always there to answer any questions or concerns we had. Communication was over and above. Best decision to move from one of the big 4 banks to homestar finance.

Transparency
Customer Service
Application Process
Timeliness
Online Tools
Loan TypeVariable Rate
Loan Start DateFebruary 2020
Loan used forRefinancing
See all answers
1 comment
Homestar Finance
Homestar F.Homestar Finance

The reviewer stated that an incentive was offered for this review

Page 2 of 18
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Questions & Answers

Raymond

Raymondasked

Are there atm fees to withdraw money from visa debit card?

1 answer
Homestar Finance
Homestar F.Homestar Finance

Hi Raymond,
If you visit any of the Big 4 banks' ATM's, you won't be charged any ATM fees when withdrawing from your visa debit card.

Kind regards,
Homestar Finance

Michelle

Michelleasked

Hi

I was looking to refinance and I saw an ad for an owner occupied loan at 2.99% with your company. I want to confirm that:

1)the 2.99% is NOT a honeymoon rate, therefore not increase after a set amount of time. Is there any disclaimer I should be aware of? I have heard people being burnt by offered a low rate but then after a few years the loan rate increases and this is not even in response to a RBA rate increase.

2) if there is another rate cut, will these also be passed on to customers? I know Athena home loan swears by this for their loan products. Is yours similar to this? I want to know there is transparency

Thanks
Michelle

2 answers
Homestar Finance
Homestar F.Homestar Finance

Hi Michelle,

1. No the 2.99% is not a honeymoon rate.

2. We cannot predict the future, but we can tell you that the past 3 rate cuts by the RBA, have been passed on in full to our Homestar customers.

Please note: You do need to meet specific credit criteria to get this rate.

Kind regards,
Homestar Finance

Michelle
Michelle

Thanks you! That is excellent

Banzaii

Banzaiiasked

Who manages your offset accounts and provides visa debit cards? Do these need to managed via a linked account from a bank etc. Are deposits into offset guaranteed?

1 answer
Geoff B.
Geoff B.

The loan and the offset are managed via the website and are underwritten by ANZ, the deposits are guaranteed. (BSB no’s are ANZ)

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