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Distribution of mortgage lenders used to procure a home loan among first-time home buyers in Australia in 2022

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Source

Release date

August 2022

Region

Australia

Survey time period

April 2022

Number of respondents

1,001 respondents

Age group

18 years and older

Special properties

sample includes 372 participants who purchased their first home in the previous 12 months and 629 participants who intended to purchase a home in the next 12 months

Supplementary notes

Original survey question: What kind of lender did you/will you get your home loan from?

ANZ = Australian and New Zealand Banking Group
CBA = Commonwealth Bank of Australia
NAB = National Australia Bank
Westpac = Westpac Banking Corporation

Citation formats

Mortgage lenders used to procure a home loan by first-time home buyers Australia 2022

Published by ÌÇÐÄÆƽâ°æ Research Department, Jan 11, 2023
In 2022, a survey conducted among first home buyers in Australia revealed that over half of respondents intended to or had already procured a home loan from a big four bank such as the Commonwealth Bank of Australia. Only percent of respondents had or intended to use a digital bank to get a mortgage loan.
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Topics

Mortgages in Australia Mortgage industry in the U.S.Mortgage industry worldwide: developed marketsResidential housing market in AustraliaReal estate industry in New Zealand
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