Buy a property without the home loan stress

Land your next property with full approval* in minutes, not weeks

Where are you in your buying journey?

We offer a low-rate, fee-free home loan with all the features and benefits you’d expect, including upfront full approval*.

I’m looking at properties

Great, let’s get you ready to buy. When you’ve found a property Nano’s full approval gives you the confidence to bid or offer with certainty. Start by calculating your borrowing power.

I’m ready to make an offer

We believe your property journey should start with the confidence to bid or offer with certainty. That’s why we offer upfront full approval in minutes, not weeks.

I’ve had an offer accepted

Congratulations! Let’s get you approved fast to remove settlement stress. Paper free and hassle free; get an answer in minutes, not weeks.

Low variable rates with no fees

You’ll always get our great rate, no need to ask. We reward new and existing customers alike with fair rates that don’t hide pricing gimmicks like honeymoon rates and cashback offers. 

2.24
%
p.a.
Variable + Comparison Rate 
2.74
%
p.a.
Variable Rate
2.42
%
p.a.
Comparison Rate
Why is our comparison rate lower 
Principal +
Interest
Interest
Only
2.54
%
p.a.
Variable + Comparison Rate 
2.84
%
p.a.
Variable Rate
2.65
%
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

Apply now

Nano loan types and eligibility

Property type


Owner occupied

Investor

Repayments


Principal & Interest

Interest only

Application


Single

Joint

Eligibility


$100K minimum household income

Loans from $100K to $2.5M

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 card^, scheduled payments, 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.

We currently only lend for existing or newly built residential properties. We do not lend for:

  • Off the plan properties or house and land packages
  • Vacant land
  • Rural Properties greater than 2 hectares (20,000 sq m)
  • Construction and structural property renovations
  • Property development
  • Non-residential, business or commercial use
  • Debt consolidation of short-term credit contracts
  • Funds being used to create any additional financial liabilities (other than when limit increase (equity release) is used to create equity contribution or pay deposit for purchase and settlement of additional property financed by Nano), or
  • Margin lending for shares.

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.

* Please note that a loan that is fully approved is not an offer to make a loan and Nano may decline to make a loan in certain circumstances including for example, the information provided is incorrect or we may identify other information in relation to the property or title which makes it ineligible for a home loan. Carefully read the loan contract setting out the terms of the loan.

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]

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

* A full approval is not an offer to make a loan and Nano may still withdraw an offer and decline to make a loan in certain circumstances. Credit eligibility criteria applies. Government fees apply.

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

Make a smart money move