Xinja home loans on their way!


Xinja was recently granted an ACL by the regulator ASIC! This is an Australian Credit Licence and it means that very soon we can offer home loans. Our goal is to able offer a 20 minute loan, where customers can start an application and be approved within that amount of time. This is scheduled for May or June.

It’s the first of 3 licences we’ve applied for, the others (an AFSL and a RADI) will allow us to offer a transactional account and call ourselves a bank. We’re hoping to get these also by May or June.

More info on home loans here

The home loans we’re designing are based on a lot of the feedback we’ve had from Founding Xinjas. We’d love to hear your thoughts & ideas about what would make an ideal home loan for you and how you’d like to see it work across all your financial bits and pieces. So please let us know below.

We’ve had a lot of people asking to get one of the first Xinja home loans - if you’d like to be an early Xinja home-loaner - let us know also!


@digixinja How was the home loan prototype session last night?


It went well thanks, although it wasn’t actually a prototyping session for home loans, it was more to do with our some features we were testing that relate to our prepaid card. We received some really interesting feedback.


What’s the status for this?


Hey QTron, we’re still aiming for the next few months! There’s a few boxes we need to tick on our end to ensure everything runs smoothly. We’ll be sure to keep you all updated both here, and our social channels.


Any news on home loans?


Not yet John, soon though! We’ve rolled it out to some pilot users, so if everything goes swimmingly, it should be very soon!


Im in if you do refinance. Bugger NAB off


Will these be for residential only ? or will Investment loans be included too?


My name us phanu
I am new to this community


Hi @Robbiedog - we have residential & investment properties in our roadmap but not commercial loans at this stage. We will let you know if this changes


Welcome @phanu - let me know if you have any questions about our forum!


Keen to try this product when out and happy to provide feedback along the way :grin:


That’s great thanks @XinjaPat - please email and one of our experts will let you know next steps. Thanks :_ninja_emojis_lilac_01:


Really want to try never use the card yet


Geting xinja-ing with our card @phanu! :ninja_emojis_pink_02::_ninja_emojis_turq_02::_ninja_emojis_lilac_01::ninja_emojis_blue_02:


Prioritisation to personal loans over home loans announcement was made this week. Do we know when home loans would be available?

Was holding off refinance to wait to be a xinja beta home loan customer but looks like this may be delayed for an unknown period now?


This is interesting. The way I read it; it’s a Xinja with home loan capabilities only. Not sure exactly how it differs to a bank but meant to be a start up/disrupter


Athena’s rates are very enticing.


Yup! @brett 're intending to be as competitive. Got to credit them, we were hoping to use that line! Love it! :ninja_emojis_pink_03: