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Security & Privacy

Everything you need to know to protect your personal information.

Frequently asked questions

What is Tiimely Home's data security?

Your Security is Our Priority

At Tiimely, we’re committed to protecting the privacy of our customers and take the protection of your personal information seriously. We employ rigorous measures to safeguard your data and ensure that it is protected from misuse, interference, loss, unauthorised access, modification or disclosure.

We adhere to industry standards and maintain a suite of policies and controls that are aligned with industry standards. Regular security assessments and training are part of our commitment to ongoing security.

Your data is encrypted and securely stored. Our security measures include network segmentation, in-flight and at-rest data encryption and a committed security team.

Envestnet Yodlee: Elevating Our Technology

At Tiimely, we have partnered with Envestnet Yodlee, our world-leading encrypted technology partner, to enable real-time financial data collection to support our online application process.

Founded in 1999, Yodlee is a US-based company specialising in digital financial solutions. They serve over 20 million paid users and collaborate with 850+ financial institutions and fintech innovators. Notably, 12 of the largest 20 US banks trust Yodlee.

Yodlee places a strong emphasis on security and compliance, with key US regulators regularly examining their practices. For more on their security measures, refer to their security statement.

Protection of Your Login Details

Your banking login details are used by Yodlee in Australia solely to fetch read-only copies of your transaction history. These details are encrypted and securely stored during the home loan application process and are destroyed after validation.

How It Works

Yodlee never sees your credentials. Your information is encrypted and stored securely. Tiimely can only access a read-only copy of your transactions for loan assessment.

We chose Yodlee for its secure and efficient live transaction data aggregation. Your financial data is handled with the utmost care.

Is entering my online banking details safe?

Your banking login details are requested for one sole purpose: to retrieve read-only copies of your transaction history, direct from your banking sites.

It is impossible for Tiimely Home to transfer, move or do anything else with your bank accounts aside from receiving a copy of your transactions and loan statuses. We only see the information we need to approve your loan application – the same information you would supply us if you were submitting the documents manually (once you find them, print them, scan them, email them). It’s just much faster this way.

We think our way of digitally validating your financials is far safer than sending financial statements via email.

When you enter your online banking details, no human will ever see your credentials. Your password isn’t retained. It’s encrypted and hashed all the way back through the hardware.

Your data is secured by our world-leading encrypted technology partner, Envestnet Yodlee (Yodlee). We chose them because they’re the best in the business, and they’ve been at the forefront of financial technology security for over 20 years.

We know it sounds strange asking for your banking login details, but rest assured that nobody (not even Yodlee) sees them. As soon as your details have been entered and validated in the approval stage of your home loan application, they are encrypted, separated, and securely stored. Once your financial validation has been completed they are completely obliterated, never to be seen again.

Don't want to enter your bank details? That's okay too.

You can simply upload copies of your transaction statements and any other documents we may need to verify your financial position. Just be aware that this will mean a Tiimely Home team member will be required to review them, so the application process will take a little longer.

If you'd like more detail about how you can read more on our security page.

What is Tiimely Home's privacy policy?

Your Security is Our Priority

At Tiimely Home, we’re committed to protecting the privacy of our customers and take the protection of your personal information seriously. We employ rigorous measures to safeguard your data and ensure that it is protected from misuse, interference, loss, unauthorised access, modification, or disclosure.

We adhere to industry standards and maintain a suite of policies and controls that are aligned with industry standards. Regular security assessments and training are part of our commitment to ongoing security.

Your data is encrypted and securely stored. Our security measures include network segmentation, in-flight and at-rest data encryption and a committed security team.

Should I worry about getting my home loan online?

No, at Tiimely Home we’re committed to protecting the privacy of our customers and take the protection of your personal information seriously. We employ rigorous measures to safeguard your data and ensure that it is protected from misuse, interference, loss, unauthorised access, modification, or disclosure.

We only see the information we need to approve your loan application, which is exactly the same as if you manually uploaded your documents. And as soon as it’s been validated, it’s encrypted and securely stored.

We adhere to industry standards and maintain a suite of policies and controls that are aligned with industry standards. Regular security assessments and training are part of our commitment to ongoing security.

Your data is encrypted and securely stored. Our security measures include network segmentation, in-flight and at-rest data encryption and a committed security team.

If you want more information, read more about our security and our privacy policy.

Legal information about our rates
Our home loans are subject to credit criteria and eligibility requirements. Home loan interest rates are for new customers only and can change. Our comparison rates are based on a $150,000 loan amount over a 25 year term. They factor in fees associated with applying for the loan; ongoing fees and fees associated with leaving the loan. Our fixed loans roll to a variable principal and interest rate at the end of the fixed term. If the interest only period is not specified, the comparison rate is calculated on a one year period.

WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Tiimely Turnaround
^Our turnaround times are up to 2x faster than the industry, based on a comparison of our average platform submit to approval time compared to industry submit to approval time, published here  (June 2023). Customer turnaround times are dependent on individual circumstances and may require an assessor to obtain more information.

Our trade mark
Tiimely is a registered trademark of Tiimely Pty Ltd.