How Home Loan Bidding Works

ROSHI gets banks & brokers to bid for your home loan request to help you get the best rates in the market.

It takes just 5 minutes to set up, is free to use and won’t affect your credit score.

Three Simple Steps:

Set Up Your Home Loan Auction

First you’ll need to enter your loan details and personal information. To ensure ROSHI gets you the best available rates, make sure all information entered is correct. You can also to upload your credit report which will help banks and brokers to determine your creditworthiness and if the information entered is incorrect or incomplete, we won’t be able to launch your auction.

Watch Banks & Brokers Bid

Once your home loan auction is live, all of your bids will be displayed on your auction dashboard andonce you like the look of a bid, you can discuss the loan details with the respective lender or broker. The auction goes for up to 5 business days and you get to watch the bidding online as it happens.

Your Choice

At any time of your live home loan auction, you can award a winning lender or broker option. to get the ball rolling and discuss next steps in more detail. There are no strings attached and no obligation toproceed. It’s free to use and won’t affect your credit score.

Bid now coming soon

To get the most out of your home loan auction, a great profile meets the following requirements:

A steady income

Your income indicates your capacity to repay a home loan. A steady income is an important factor that banks and brokers consider when offering better rates to help you save money during the life of your home loan.

A healthy credit score

Your credit score lets banks and brokers know how financially fit you are for a home loan, determining your creditworthiness and demonstrating how responsible you are with money.

At least 25% deposit

If you’re looking to refinance and have a minimum of 20% equity in your current residential home or a deposit of 25% or greater for a new purchase,banks and brokers could offer you a better rate.