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Yes. The application process is the same, but you'll need to meet these requirements:

• Provide your registered ABN
• Have been self-employed for at least 1 year
• Provide your most recent business and personal tax return with notice of assessment
• Be registered for GST If your turnover is more than $75,000p.a.
• Have a good credit history
• Meet our standard eligibility criteria

Financial validation requirements: Tiimely Own home loans require a year's worth of up-to-date tax returns or business financial statements.

Unlike PAYG applicants, we can't instantly validate your income through bank account linking. You'll upload your business financial statements, tax returns, and notice of assessment instead. Our Credit Assessors will then review your application.

While not instant, you'll still receive an answer much faster than traditional lenders. Our assessors only review what our technology couldn't validate.

Find out more about applying as a self-employed applicant.

Our Tiimely Home application isn't just a digital form. It's a secure, intelligent platform that assesses your eligibility in real time, meaning less back-and-forth than the traditional home loan process. This speed and efficiency lets us offer highly competitive rates.

Is Tiimely Home a bank?

No, we’re a non-bank lender. Our home loans and offset accounts are funded and administered by Bendigo and Adelaide Bank. This means deposits held in your offset account are protected by the Australian Government’s Financial Claims Scheme (FCS) up to $250,000 per account holder, per ADI (including any other eligible deposits you hold with Bendigo and Adelaide Bank under the same licence). Read our guide on the Financial Claims Scheme (FCS) and why it's important.

Any funds we loan you come from Bendigo and Adelaide Bank, who have been our partner since we processed our first home loan and continue to be an important shareholder and invested in our future.

Why does Tiimely Home need a bank partner?

Partnering with a bank enables us to:

• Reduce our overhead costs and offer lower interest rates
• Focus on tech innovation for the home loans industry
• Combine the best features of a bank (like offering a guaranteed offset facility) with the best features of a Fintech (100% online application)

Yes. You can link up to six offset accounts to your home loan with our Offset home loan.

An offset account works like a savings account attached to your loan. The balance in your offset account is deducted from your loan principal when calculating interest. For example, if you have a $500,000 loan and $50,000 in your offset account, you'll only pay interest on $450,000.

The more you hold in your offset accounts, the less interest you pay, and the faster you pay down your loan.

We offer 100% offset accounts with all Tiimely Own home loans, including fixed rate loans.

Find out more about our offset account.

Can you withdraw money from an offset account?

Offset accounts have most of the features of a normal transactional savings account. You can deposit money and withdraw it any time to pay bills or for day-to-day expenses. However, the more you have in your offsets, the less interest you’ll pay.

All the protections of a bank

Your offset accounts are managed by our funder, Bendigo and Adelaide Bank, an Authorised Deposit-Taking Institution (ADI). This means your offset accounts are guaranteed under the Australian Government's Financial Claims Scheme (FCS) for up to $250,000 per account holder, per ADI. (Shared with the account holders’ other eligible deposits with the same ADI)

How much does it cost to have an offset account?

Unlike some lenders, we don't build the cost of our offset facility into our interest rate. You simply pay $15 per month

Our offset accounts include:

• A Tiimely Home Mastercard Debit card which you can use like any other Mastercard Debit or EFTPOS card. Any Suncorp or Bendigo ATM usage is free of charge.
• A BPAY facility for bill payments and a swipe option for retail transactions.
• Deposit and debit features like any standard bank account.

Adding or removing offset accounts

If you’ve settled on a Basic home loan but want to add an offset account, you can switch to an Offset home loan for $15/month. If you’re on a fixed interest rate, a break cost will apply.

To add or remove an offset account, give us a call on 08 7109 9010 or email myloan@tiimelyhome.com.au and we’ll make the change for you.

Note: If you have an LVR higher than 80%, you are only eligible for our Offset home loan.

Find out more about offset accounts and how they differ from redraw facilities.

We’re known for our fast assessment times, with our online application taking as little as 15 minutes to complete. Assessment time depends on the complexity of your application and the number of applications we're processing at the time.

Once you’ve completed the application process, you’ll either be approved, politely declined, or referred to one of our home loan experts to get more information so your application can be assessed.

We’ll also let you know if we’re experiencing any delays and once we pick up your application for assessment, we immediately start working towards approval. The quicker you’re able to respond to any requests from our Credit Assessors, the quicker we’ll be able to fully assess your application.

Our application is entirely online.

We thought home loans were too complicated and worked to reimagine the process from the ground up, making it more efficient and easier to understand.

If you're approved, you'll get an email from us detailing the next steps, along with your home loan contract. You’ll also get a settlement pack which will outline further steps.

What may delay my home loan approval?

Sometimes delays occur if we need more information. Opting to validate your financials manually instead of securely linking your accounts slows the process down significantly, and one of our Credit Assessors will need to assist. Submitting an incomplete application or providing inaccurate estimates of your expenses or any information regarding your income, expenses and debts, also requires manual work from our Credit Assessors, so make sure you’re ready before you apply.

Due to our competitive rates, we can receive large volumes of applications, and it takes us a little longer to assess your application. We work hard to keep up with demand and are continually growing our team to maintain our fast assessment times.

If your application is time-sensitive or if there is a deadline you’re trying to meet, please speak with our team for current approval times. You can chat with us over Connecting... or on 1300 842 405.

What happens if my application needs to be reviewed by a Credit Assessor?

If we need more information, we’ll refer your application to one of our Credit Assessors who’ll help you complete your application. Our Credit Assessment team move fast, and if you’re proactive in responding to their requests, they’ll be able to process your application quickly.

Sometimes they only need one or two things like updated payslips or a bank account statement. Everyone’s situation is unique, so if your specific application is more complex than most, you might be asked to provide more detail. If you’ve chosen to validate your financials manually, this typically requires more information and your application will take longer to assess. If you choose digital validation, our team receive the exact same information, but much faster.

If you’re ready to try a better way to do home loans - start your application process.