1 in 4 Australians want an online home loan

Consumer demand for a wider range of online banking services is growing, with 24 per cent of respondents to a survey by ME Bank saying they would prefer to complete a home loan application online.

This is a surprising finding, given that online applications currently account for only a few per cent of home loan sales.

An online home loan application can save time, money and effort for the borrower. Infochoice lists online-only lenders.

Source: Banking Day