Am I eligible for a Tic:Toc home loan?

Tic:Toc isn’t for everyone. To make sure, you'll need:




To be borrowing at least $50K but no more than $2 million, to buy (or refinance) an established home worth at least $150K (not land, or off the plan).



Your home to be in a capital city or major regional centre.



Have at least a 10% deposit or equity, plus be able to cover stamp duty and all other government charges (for investment and interest only loans you’ll need at least 15%). You'll also need to be currently employed, either through PAYG or self-employment.



To be applying by yourself or with one other person. You'll need to be Australian citizens or permanent residents, and live in Australia. 



Once we start to get more serious, a form of ID for yourself (and your plus one, if there is one.)

What do I need handy to apply?

So our Tic:Toc robot can complete your application, you’ll need to have some things on hand. 


If you’re buying, you'll need the address of your new home. If you’re refinancing, it’s the address of the home you’d like to refinance.

You can borrow up to 80% of your property's value, without paying Lenders’ Mortgage Insurance (LMI), or up to 90% using our low deposit option.

So that we know it’s really you applying for the home loan, we need at least one form of ID (but more is better).

Per year, gross income before tax. We’re not judgemental, but the Tic:Toc robot uses this information to determine if you can repay your loan.

We’ll ask about things like groceries, utility costs and childcare. They’re just estimates, so no need to pull the clumps of receipts from the bottom of your handbag (or manbag).   

We use world leading encrypted technology to read copies of your transactions, online. Or you can submit them manually, but a human will need to look at them. 

Talk to a human.

Is there anything you’re still curious about when it comes to a Tic:Toc home loan?