Tic:Toc Home Loans

Tic:Toc is a provider of home loans but it’s not a traditional bank or a mortgage broker. It offers home loans directly to customers online, and the loans are funded by Bendigo and Adelaide Bank.

What home loans does Tic:Toc offer?

Tic:Toc offers both fixed and variable rate home loans for application online. If you wish to know more, Canstar has a guide to the different types of home loans available and how they work.

Below we’ve listed a snapshot of Tic:Toc’s owner-occupier home loan interest rates available at the time of writing, for loans with principal and interest repayments and loan-to-value ratios equal to 80%. Interest-only and investment home loans are also available.

Tic:Toc variable rate owner occupier home loans

Live-in Variable Home Loan for new borrowers

  • Interest rate: 1.89%p.a. (comparison rate 1.90%)
  • Fees: No upfront or ongoing fees
  • Features: Full online application, unlimited extra repayments without penalty, free online redraw, 100% offset account available for a $10 monthly fee (different comparison rate applies)

Tic:Toc fixed rate owner occupier home loans

Live-in Fixed Home Loan for new borrowers

  • 1 year interest rate: 1.84%p.a. (comparison rate 1.90%)
  • 2 years interest rate: 1.89%p.a. (comparison rate 1.90%)
  • 3 years interest rate: 2.14%p.a. (comparison rate 1.96%)
  • 4 years interest rate: 2.59%p.a. (comparison rate 2.12%)
  • 5 years interest rate: 2.79%p.a. (comparison rate 2.25%)
  • Fees: No upfront or ongoing fees
  • Features: Full online application, extra repayments of up to $20,000 per year, free online redraw, 100% offset account available for a $10 monthly fee (different comparison rates apply)

Compare Home Loans

How do I apply for a Tic:Toc home loan?

Before getting started, you might first like to take a look at our applying for a home loan checklist for some pointers, and use the Canstar website to compare home loans with other providers before choosing a product that suits your needs.

If you decide to apply for a Tic:Toc home loan, you can start your application online and call customer support for further assistance.

Can you make extra repayments on a Tic:Toc home loan?

Yes, Tic:Toc allows you to make unlimited extra repayments on its variable rate home loans, and extra repayments up to $20,000 on fixed rate loans. Terms and conditions may apply; contact the lender for further details.

Are redraw facilities offered on Tic:Toc home loans?

Yes, Tic:Toc offers redraw facilities with its variable and fixed rate home loans. Fees and charges may apply; contact the lender for further details.

About Tic:Toc

Launched in 2017, Tic:Toc is a financial institution with an Australian Credit License and operates differently from a traditional bank. Tic:Toc offers home loans directly to customers and does the loan assessment process online, but the actual funds for the home loans come from Bendigo and Adelaide Bank which operates as a traditional bank with the protection of the government’s Financial Claims Scheme (FSC). This means loan repayments and a customer’s offset account would be accessed via Bendigo and Adelaide’s online portal, and the bank would be responsible for processing any changes borrowers might want to make to their loan, not Tic:Toc.

This content was reviewed as part of our fact-checking process.

Written by: Sean Callery | Last updated: October 1, 2021