The search for the best home loan rate can be an exhausting and utterly confusing process. Endless meetings with banks and mortgage brokers, pamphlets and jargon...how do you know whether you have truly received the best rate?
At Joust, we understand the struggles you go through when you’re searching for a home loan. That’s why the Joust platform was created - to simplify a complicated process so that you can get the end result you’ve been hoping for.
So, how does Joust help you to get the best home loan rates?
With Joust, you're comparing apples with apples. That's one of the great things about Joust versus using comparison websites. Because you are rate focused, bids are only displayed on your Joust leaderboard ranked from the lowest rate to the highest rate. Real auction rules apply so banks can only submit a new bid if it is lower than the current leading bid.
If you have a brand allegiance, the second lowest bid on your leaderboard after conducting a Joust might be your favourite bank. With Joust, you're absolutely free to choose a bank that might be second, third, or fourth on your leaderboard - it’s completely up to you.
Joust is a totally transparent digital market place for home loans
We're simply trying to connect good consumers like yourself with lenders to help you obtain a great mortgage interest rate.
There's no obligation on either you or the lender. Think of us as a matchmaking service for customers trying to get the best rates.
The banks have complicated the home loan market over the last 20 years by adding so many different features and products. It's simply too confusing to try and understand the differences between the thousands of home loan product variations available.
It can be extremely difficult to understand the actual benefit of having all these different features. This is why people often approach a mortgage broker or an accountant, so they can act as a translator to help you find the best home loan.
But, if you’re just interested in finding the best home loan rates available, you don't need to be bombarded by all the different features. With Joust, the banks are competing on a normalised home loan product - either with or without an offset account included.
We understand that with all the home loan calculators, mortgage brokers and banks complicating your search for the best home loan rates, clarity and simplicity are incredibly valuable.
When doing a Joust, your leaderboard makes it very easy to determine who has the lowest offer.
We want to help you to find the best possible home loan rate. And, through our no-obligation, free to use platform, you can do just that.
If you would like to learn more about how to find the best home loan rate, we have a great free eBook you can download called “19 Secrets to Finding the Best Home Loan Rate”. It’s packed full of expert industry knowledge to help you.