Unloan home loans
Earn Velocity Points with a new home loan
On this page: Earn Points with Unloan Why Unloan? Frequently Asked Questions
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Annual loyalty discount
Get a 0.01% p.a. discount every year with Unloan#
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Simple and fast
Apply on Unloan's website with a fast application and turnaround
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No fees
Enjoy no application, banking, account, change or exit fees charged by Unloan~
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Unlimited redraw
Have access to unlimited fee-free redraws on your home loan
Terms and Conditions
This document has been approved by Unloan, a division of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL / Australian credit licence 234945.
*Velocity Members could receive up to 250,000 bonus Velocity Points (Offer) if they apply as the Primary Borrower for and settle an Eligible Home Loan with Unloan. Offer commenced on 30 March 2026 and will continue for a minimum of 6 months until withdrawn (Offer Period). The offer may only be varied or withdrawn after 30 September 2026. The date on which withdrawal of the Offer becomes effective will be the Closing Date. If the Offer is varied or withdrawn, reasonable notice will be given where possible. If the Offer is withdrawn, Tracked Home Loan Applications that have been submitted prior to the Closing Date may be eligible for the Offer provided that the associated Eligible Home Loan Settles within 90 days of the Closing Date and meets all eligibility criteria.
Offer Bonus Points vary based on settled loan value, as per the below:
- 50,000 Velocity Points for loans up to $249,999.99
- 100,000 Velocity Points for loans between $250,000 and $499,999.99
- 150,000 Velocity Points for loans between $500,000 and $999,999.99
- 250,000 Velocity Points for loans of $1,000,000 or more
To be eligible for this Offer, a Velocity Member must meet the following criteria:
- Be an Australian resident aged 18 years or over;
- Click the ‘Learn more’ link on this Velocity partner page for Unloan; and
- Meet all eligibility criteria and steps on Unloan’s website.
If a Velocity Member chooses to submit an application for an Eligible Home Loan, they must do so during the Offer Period and within 90 days of clicking the ‘Learn more’ link, and must Settle the loan within 90 days of the Closing Date of the Offer Period. The application must be made in the same browser and on the same device that the Velocity Member clicked the ‘Learn more’ link. There is a limit of one Offer for each Eligible Home Loan that will be allocated to the Primary Borrower. The Offer cannot be combined with any other offer or promotion offered by Unloan. The Offer cannot be shared or credited between multiple Velocity Members.
The first and last name of the Velocity Member attached to the Velocity membership number provided to Unloan must match the first and last name of the Primary Borrower in an Eligible Home Loan application. If Unloan is unable to validate a Velocity Member’s Velocity membership, the Offer may be forfeited.
Velocity Points will be allocated within sixty (60) days of Settlement of the Eligible Home Loan.
This home loan product is offered by and issued by Unloan, a fully owned division of Commonwealth Bank of Australia ABN 48 123 123 124 (Unloan) who is a credit licensee Australian credit licence 234945. Velocity Frequent Flyer does not hold an Australian credit licence and is not a credit representative of Unloan. Applications for credit, are subject to Unloan’s credit approval criteria. Terms and conditions, fees and charges, and other eligibility criteria apply.
Refer to Unloan’s website for details including their Target Market Determination. You should consider if an Unloan home loan is suitable for you before applying. Velocity Frequent Flyer is not suggesting you should apply for a particular product with a particular provider. You should consider the available options and select an option you consider is appropriate for you. Velocity Frequent Flyer is not responsible for the information provided about the product by Unloan and is not liable for any loss you may incur as a result of relying on or using this information.
Full Terms and Conditions for this Offer available on Unloan’s website. Capitalised terms not defined in these Terms and Conditions have the meaning given in the Full Terms and Conditions on Unloan’s website.
Velocity Membership Terms and Conditions apply.
^Comparison rate is calculated on a $150,000 secured loan over a 25 year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
#Rates shown are inclusive of a 0.01% p.a. loyalty discount off our reference rate. On each anniversary of your loan’s settlement date, you will receive an additional discount of 0.01% per annum, up to a maximum discount of 0.30% per annum. For purchase loans with a Loan to Value Ratio (LVR) between 80.01% - 90% LVR, a lenders mortgage insurance (LMI) premium and higher interest rate apply. In some cases depending on the property’s location or type, LMI may also be required for LVR between 70.01% and 80%.
~In certain circumstances you may be required to pay a Lenders Mortgage Insurance (LMI) premium. Learn about why this is applied and how it works. Government fees may also apply. Your current lender may charge an exit fee when refinancing.