Avoid home loan anxiety with fast approvals

  • Approval in minutes, not weeks
  • Rates from 3.24% p.a. Variable & Comparison*
  • No fees
  • Fee free 100% offset sub-account & mobile app
  • Instant payments, Visa debit card^, BPAY, Apple Pay & Google Pay

We take the stress out of the home loan approval process

​Get approval in minutes, not weeks

Step 1

Apply online

All you need are your ID documents and the address of the property you have in mind to buy

Step 2

Get Nano approval​

We assess your financial information and credit in real-time, so we can give you an answer in minutes, not weeks

Step 3

Buy your property​

With Nano approval you’re ready to make an offer or bid at auction with confidence​

A simple home loan, with no fees 

3.24
%
p.a.
Variable + Comparison Rate 
3.74
%
p.a.
Variable Rate
3.43
%
p.a.
Comparison Rate
Why is our comparison rate lower 
Principal +
Interest
Interest
Only
3.54
%
p.a.
Variable + Comparison Rate 
3.84
%
p.a.
Variable Rate
3.66
%
p.a.
Comparison Rate
Why is our comparison rate lower 
Principal +
Interest
Interest
Only

No Nano fees

  • No application fee
  • No monthly fees
  • No offset sub-account fees
  • No exit fees
  • Simply no Nano fees

August 2022 RBA announcement

The Reserve Bank of Australia (RBA) has increased the official cash rate by 0.50%. We’re reviewing our variable interest rates and will communicate Nano’s new rates here shortly. We remain committed to giving new and existing customers the same fair low rates without charging fees.

Am I eligible?

A full feature home loan, at no extra cost​

100% free offset sub-account​

To save you interest with no account or transaction fees.

The Nano app​

To manage your home loan, with direct access, anywhere, anytime.

One simple account

Choose how you spend with your Nano Visa debit card^, pay bills with BPAY, Apple Pay or Google Pay.

Frequently asked questions

At Nano, we can lend up to 80% of the property value, this is called the Loan-to-Value ratio (LVR). You need a minimum deposit of 20%, and don’t forget about other government charges like stamp duty.

Currently, Nano has a minimum loan amount of $100,000 and a maximum loan amount of $2,500,000, as well as a maximum total customer loan limit of $5,000,000. However, the total amount you can borrow will vary depending on your personal financial situation. You can calculate how much you can borrow using our Borrowing Power Calculator.

Unfortunately, if you are a first-time home buyer we don’t support you just yet. We will be opening up to first home buyers sometime in the near future.

No, not yet. But keep a look out, as this feature will be coming soon.

Some lenders offer a “pre-approval”, which is essentially an estimate of the amount you could be eligible to borrow without having to complete a full home loan application. Because other lenders often have a cumbersome and lengthy application process, a pre-approval is necessary, as the real process can take weeks. However, the downside of not going through a full assessment of your personal information such as your income, expenses and liabilities, is that the pre-approval will only be an estimate, and you could risk being declined for the loan after you have already agreed to purchase the property.

At Nano, thanks to our seamless digital, data-driven application process, you can be approved in minutes, not weeks! All you need is an idea of the property you are interested in purchasing, a little bit of information about yourself, and Nano may provide a fully approved* loan so you can bid or negotiate prices with confidence.

If you are earlier in the buying journey and are still researching properties, you can use our Borrowing Power Calculator to get an estimate of how much you might be able to borrow with Nano.

* Full approval is subject to credit eligibility criteria.  

At Nano, you can be fully approved* in minutes (not weeks!), thanks to our market-leading digital application and decision-making process.

There are some instances, however, where you may be conditionally approved if additional steps are required before progressing to a full approval, such as organising a valuation or finalising the identification check.

* Full approval is subject to credit eligibility criteria.  

That’s a shame! But the good news is that once you find your next dream property, you can update your property address and we can reassess your application and give you an answer in minutes, not weeks, with minimal fuss or hassle.

To switch your property address, please reach our customer support team, who will be able to help.

Call: 13 NANO (13 6266)
Email: [email protected]

Make a smart money move

^ The Nano Card is issued by Hay Limited ABN 34 629 037 403 (Australian Financial Services Licence 515459). See terms and conditions.