You're after the best possible mortgage deal - we can help.
Our online mortgage auction challenges banks and other lenders to bid transparently and competitively for your loan. The tables have turned - now you're in control.
It's safe, simple, and it's free to borrowers.
You get:
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When you apply for a mortgage with Fundit, you're in control of the auction process from the beginning. You set the terms, such as:
- the amount you want to borrow
- fixed or floating interest rate
- your favoured repayment options
- which lenders can bid on your mortgage
- how long your auction will run
At no stage are you required to accept any bids from Lenders.
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When the lenders bid for your loan they state the main terms they're offering you - including: amount, interest rate, repayments, fees, term of the loan etc. You can then easily compare the offerings and pick those that best suit you. And we help you do that. That's how Fundit provides transparency.
Also, Fundit is independent, which means we don't favour a particular lender. Any lender who wins an auction pays Fundit a small one-off charge, while Fundit is absolutely free for you, the borrower.
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We want to take the endless phone calls, meetings and hassle out of finding a mortgage. Fundit allows you to apply for and accept a mortgage online, whenever and wherever is most convenient for you.
The Fundit website is available 24 hours, 7 days a week. Our helpdesk is open 7am - 11pm weekdays, 2pm - 6pm Saturday and 5pm - 9pm Sunday.
Lenders will bid during business hours, but you can begin the application process or check the progress of your current auctions anywhere, anytime.
You can set an auction to run for one, two or three days. Lenders are then required to provide offers within that time period. You just sit back and wait for the offer that works best for you.
