Open Home Loans 180 Flinders Street, Melbourne, Victoria 3000
About the Business
Welcome to Open Home Loans, Australia's first institution designed to uncover and negotiate your best home loan rate. Located at 180 Flinders Street in Melbourne, we are an establishment that specializes in finance and is a point of interest for those looking for the most competitive home loan rates.
At Open, we believe in transparency and putting your needs first. We are ASIC and ACCC regulated, ensuring that your details are protected through strict standards. Our commitment to excellence has been recognized with industry awards, and we have successfully funded over $100 million in loans.
One of the things that set us apart is our large market-leading partnerships, which are designed to benefit you. We have established relationships that allow us to offer you the best deals and options available in the market.
When it comes to your personal information, we take security seriously. Open has been approved by the ACCC due to our secure environment. Your information is stored securely with big providers like Microsoft and Amazon AWS. Regular audits are conducted to ensure the utmost security of your data.
We also utilize Open Banking, a system created by the Treasury and ACCC, to gather most of the necessary information for your loan application. This system gives you control over your banking data, allowing you to choose who sees it and making it easier to switch banks for better deals.
Finding your best loan with Open is quick and simple. With just a few questions, our digital platform can find the perfect loan fit for you. Applying online takes minutes, and our savvy mortgage brokers will review your chosen product to ensure it suits your needs. Rest assured, all your uploaded documents are kept secure.
Once you've made the switch to Open, you can opt-in to our Open App. This app regularly hunts for better deals that align with your preferences. If your current bank can't match it, you have the freedom to switch or stay put.
We want to make it clear that we don't charge any fees for using our services. Our commissions are paid by the banks, not by you. We receive both upfront and trail commissions, which enable us to provide active loan management and constantly search for better deals on your behalf.
Traditional brokers have high overhead costs, but at Open, we have streamlined our processes and reduced our expenses to pass on the savings to you. We are committed to delivering significant value to our customers.
As mortgage brokers, we are bound by the Best Interest Duty, which means we prioritize your needs above all else. Our recommendations are based on finding the best loan that fits your circumstances, goals, and wallet. You can trust that we are legally obligated to find the best deal for you.
With Open Home Loans, you can instantly find the best loan in just 30 seconds from over 35 banks. We regularly shop around for you and will notify you when it's worth staying or switching.
Experience the ease, transparency, and savings that come with Open Home Loans. Start for free and let our technology do the hard work for you. We're here to shake things up, challenge old ways, and reshape the rules to ensure that everything we do is in your best interest.
Photos
Location & Phone number
180 Flinders Street, Melbourne, Victoria 3000, Australia
Hours open
Monday:
08:00 - 19:30
Tuesday:
08:00 - 19:30
Wednesday:
08:00 - 19:30
Thursday:
08:00 - 19:30
Friday:
08:00 - 19:30
Saturday:
Closed
Sunday:
Closed
Reviews
"Had a great experience with Ben and the BFG team. Super helpful, friendly, and responsive. Helped me, a first home buyer, navigate the process, and figure out eligibility for FHB benefits as a NZer in Aus. Would recommend."
"We have really appreciated all the hard work Ben and the team have done for us, they are incredibly knowledgeable and professional, and got us a great deal on refinancing our home loan. We highly recommend this company."
"Ben and the BFG group have been very helpful in helping me find the best home loan suitable for my needs. They are very knowledgeable and assisted in every step of my home loan application process. Ben also encouraged me to ask questions to ensure that I understand every part of the loan so I can make the right decisions for myself. Thanks for all your help Ben and the BFG team. You guys have been great!"
"I spoke to Ben to discuss our planning for buying our first property. He was very knowledgeable and helpful, and spent time with us to ensure all the information was clear and easy to understand. It was especially important for us as we were looking for guidance on the first home buyer scheme and not only he clarified everything but also provided us with all the points we needed to make an informed decision, Thanks BFG team!"
"A really terrific and assured feeling working with Ben and others at BFG. They were attentive, assuring and not afraid to do the work and research in finding solutions for my wife and I as first home buyers. Ben’s communication before, during and after purchasing has been second to none! I’ll be sure to use and recommend BFG in the future."
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