BUYING A HOME TO LIVE IN

Own your home.
Own your loan.

Why choose Athena?

Customer Savings 60k

Fiercely fair value

Changing home loans for good is in our DNA and can save you money. So far we've saved thousands of Aussies a total of $678m** and counting.
No Fees

Max borrowing power and no fees

Grab the home you really want by maximising your borrowing power with Athena. We get you fully credit pre-approved in days, and you can make changes to your loan without being charged.
List of offset accounts

Offset and save

With Athena's offset accounts, you can stash your cash any way you want with our Power Up loan. The more money you put in your offset, the less interest you'll pay.
Split your loan

Easily split your loan

Split up to 10 loans against your property with our Power Up loan. Customise each split loan — choose fixed or variable, owner occupier or investment, P&I or IO and set different loan terms.
Athena's Loan Ranger team

We find a loan for every home

We have loans for every borrower. From home owners and investors, to specialist loans for construction, self employed, bridging and even the trickier situations. Talk to us.

If we can't give you a loan, we'll find someone who can. We do the search, the paperwork and negotiations.
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Doing business for good

Balancing profit with people and purpose, Athena is a certified B-Corp. Proof we're committed to a better, fairer world. B-Corps are businesses that meet high standards of social and environmental performance, accountability, and transparency.
Athena Logo

The home loan wrecker

Since our launch in 2019 we've settled over $6.3 billion in loans for Aussies. Home loans are all we do, and we're obsessed with changing them for good. We continue to rewrite the rules, creating tools, products and policy that put the power back in our customers' hands.
Read more about Athenar

Our loans for Home Owners

Simple or sophisticated, stay great rates - we’ve got a loan for your property.

How do I...?

ATHENA'S BORROWING POWER SUPERPOWERS
  • Borrower friendly policy

    Get the dream home you want - fast - with more borrowing power thanks to our friendly policies.
  • Tools and expertise

    Use our borrowing power calculator to do the maths; text or talk to our dedicated team of Aussie experts to workshop your scenario.
  • Money saving hacks that last

    Get more than just borrowing power with fee-free offsets, great rates that stay great, and fiercely fair value.
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“I had a customer who couldn’t find a lender that would allow her to borrow the amount she wanted. She was beyond shocked at how much she could borrow with Athena thanks to our policies and we got her application submitted the same day over the phone.”

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Lauren, Athena Loan Expert

TAKE THE NEXT STEP

Calculate your numbers

We’ve slashed the time, paperwork and hassle. Get a quote fast and start owning!
Calculator

Calculate

Calculate your borrowing power and your repayments; check your eligibility. No credit checks here!

3 mins
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Apply

Our online application is simple. Submit and we'll get you pre-approved in days not weeks.

15 mins
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Settle

Once approved, review and return your docs. We’ll get you sorted and into your new home.

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Real Home Owners.
Real love.

Join the thousands of happy Athena customers and hear their stories on Trustpilot.

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LOCAL KNOWLEDGE

Help when you need it

Our Aussie-based Loan Experts are here if you need a hand. Reach us by phone, SMS or live chat to ask a question and they’ll even do the application with you.

Check out our tips for buying your dream home

Article Block 7 Steps to Buying a House in Australia Hero

7 Steps to Buying a House in Australia

Here are all the steps in buying a home – right from the initial planning to the official transfer of title.

Article Block: How to buy a house at auction

How to buy a house at auction

It doesn’t matter if you’ve never bought property at auction before, it’s all about sticking to a plan and being prepared.

Article Block Hero-Understanding the home loan process

Understanding the home loan process

Have a read of these 5 steps to getting a home loan, so you’re one step ahead when you’ve found the right place to buy.

FAQs

How much can I borrow?

You could borrow up to 80% of your property’s value.

Calculate how much you can borrow here. No credit checks yet and it only takes 3 minutes. You’ll also be able to check your eligibility and see how much your repayments could be.

How do you work out how much I can borrow?

The maximum amount you could borrow is determined by your financial situation which we assess against our affordability requirements. We look at things like your income, your expenses, savings and credit history.

We’ll also look at any existing commitments such as credit cards, personal loans and car loans. As part of our responsible lending criteria, we also apply a few rainy-day scenarios such as interest rates rising, RBA cash rates going up or contingent income, like bonuses, not being paid.

Why can I borrow less/more with Athena compared to other lenders?

Every lender has different lending policy and criteria. This means you may be able to borrow less or more with Athena compared to other lenders. This would be based off LVR requirements, every lender will stress test your scenario differently.

How much deposit do I need to take out a home loan?

You generally need a 20% deposit to take out an Athena home loan. In certain cases we require a 30% deposit depending on where your property is, what type it is, or if it is valued at over $2.5 million.

Calculate the deposit required for the area you’re looking to buy in here. It only takes 3 minutes, no credit checks yet!

What's the home loan process like if I want to buy a property?

If you’re thinking of buying a property or have found your dream home, great! We’ve made our process super easy so you can get settled fast.

To get started, calculate your borrowing power and check your eligibility here. It takes 3 mins with no credit checks. You can then complete our online application which will take 15 mins. If you need pre-approval, we’ll work to your timings. If we have all the required information and documents we can provide pre-approval in as little as a few days. If you’re in a hurry, let us know and we’ll speed things up!

When you’ve found your dream home, upload your signed contract of sale straight away. We work fast so you don’t miss any deadlines in your contract such as a finance clause or settlement date.

What is a pre-approval and unconditional approval? What are the differences?

There is so much lingo when it comes to approvals and every lender seems to have a different meaning for it. Let’s clear the air. Here’s what it means for Athena.

Pre-approval -  This is also known as conditional approval or approval in principal. This is not final approval, but it gives you an estimate of how much you could borrow for a home loan. Unlike other lenders, a pre-approval with Athena is fully credit assessed. It means it is more accurate so you can shop around for your dream property with confidence. It lasts for 90 days and after this period, we’ll need you to re-submit a few documents to ensure we have the latest information for the pre-approval to remain valid. 

Unconditional approval – This is the final approval that confirms we can offer you a home loan for your property, no strings attached! It lasts for 90 days and all you need to do is sign the required documents. Once the documents are signed, you’ll have 90 days to settle. If it’s been more than 180 days since you received unconditional approval from us, you’ll need to submit a new application as we are required to run a complete assessment again.

How long does it take to receive pre-approval?

Whatever stage you’re at with buying a property, we’ll work to your timings. If we have all the required information and documents we can provide pre-approval in as little as a few days. If you’re in a hurry, let us know and we’ll speed things up!

How long does it take to receive unconditional approval?

Once you've signed your contract of sale, upload it straight away. We work fast so you don’t miss any deadlines in your contract such as a finance clause or settlement date.

On average, if you’ve purchased a property, it takes about 2 weeks from when an application is submitted to unconditional approval. It helps if you have all the required information and documentation ready. Everyone’s situation is different but we will always keep you in the loop.

How long will settlement take?

The settlement period will start from the day the contract of sale for the property is signed by both you and the seller. It ends on the settlement day stated in the contract and this is typically 30 to 90 days from the beginning of settlement period.


Generally the period is 6 weeks but can vary depending on which State the property is located or if you negotiated on the settlement day with the seller. On settlement day, the last few legal bits are finalised and you become the legal owner of your property!

What are the costs involved with buying property?

It’s true, we really don’t – no application or valuation fees, no annual or monthly fees, no discharge fees on our Straight Up or Power Up home loans. Seriously WTF, Where’s The Fees? There are no Athena home loan fees, although there will be Government charges involved, regardless if you’re buying or refinancing.

If you’re buying, there are upfront costs charged by the Government and third-parties that you will need to consider. These can include stamp duty, transfer fees, mortgage registration fees, legal fees, pest and building inspections fees, and home, building and contents insurance. Upfront costs will vary depending on your situation.

Calculate your borrowing power and indicative upfront costs here. It only takes 3 minutes, no credit checks yet!

Do you lend to First Home Buyers?

We're absolutely open for business for confident first home buyers making their first exciting purchase.

Quick heads up, although we’ll help you get a kick ass home loan, we currently don’t do the paperwork for First Home Owner Grants. Your solicitor or conveyancer will be able to help with these. As we build out our offering we'll have more guidance and tools over time, but for now you can rest assured you'll be setting yourself up with a red-hot home loan!

Find out if you’re eligible for a First Home Owner Grant.

Athena acknowledges the traditional owners of the land on which we gather the Gadigal people of the Eora nation. We acknowledge that sovereignty was never ceded and respect their continued and continuing connection to this place.