RateMyLoan

The reverse auction for home loans

Make brokers compete for your home loan.

Post your loan once. Mortgage brokers bid with their best rates. You choose the winner — no cold calls, no haggling.

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How it works

1

Post your loan once

Tell us the loan amount, property value and the kind of rate you want. No personal contact details are shared.

2

Brokers bid for you

Verified mortgage brokers compete with their sharpest rates and fees before the auction closes.

3

Pick the winner

Compare quotes side by side, accept the one you like, and the broker takes it from there.

Person inspecting a loan document with a magnifying glass, surrounded by coins and banknotes

Compare every quote side by side

Purchase · 80% LVR

$640,000

2 days left
  • Alpha Home LoansBEST5.89%
  • Credit Union Direct5.99%
  • Harbour Mortgage Co.6.09%
Person reviewing a finance planning board with a receipt in hand, next to a wallet and a pie chart

For mortgage brokers

A live feed of borrowers actively shopping for a loan. Quote on the deals that fit your panel, sharpen your rate while the auction is open, and win clients who have already chosen you.

  • Qualified, in-market leads only
  • Sealed bids — competitors never see your quote
  • See the current best rate to stay competitive
  • Upload-ready borrower documents once you win
Join as a broker
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Questions

Does it cost anything?

Posting a loan request is free for borrowers.

Will brokers spam me?

No. Brokers only see your loan details, not your contact info. Only the broker you accept gets in touch.

Am I obliged to accept a quote?

Never. If none of the quotes beat your current deal, simply let the auction close.