As an Active Home Loan Manager, uno stays on top of the best rates in market so you don’t have to.
New research released today by uno Home Loans has found Australians are wasting an estimated $4.2 billion annually on home loan waste. In other words, homeowners are throwing away billions each year largely because they – or their brokers – are not being proactive about shopping around for a better rate.
Research detailed in the uno Household Financial Waste
The cost of inaction
This bank loyalty – or inactivity – is costing Australian homeowners an exorbitant amount each year.
When it comes to home loans, one of the main barriers to refinancing is customers having to shop around or ask their broker to shop around for a better deal. Using data from its customer base, uno found 84% of homeowners would be more likely to refinance if they were alerted about not having the best deal for their situation.
It found the same number (84%) of people would be more likely to refinance if there was a service that automatically found and alerted them to cheaper loans tailored to their situation.
Enter uno’s Active Home Loan Management, which acts in the best interests of home loan customers. uno can proactively manage the home loans of Australians on their behalf, so consumers don’t have to worry about them.
There are 3 stages to the Active Home Loan Management service:
ANALYSE – uno will scan the market using our unique loanScore technology to check customers’ loans against thousands of home loan products in the market.
ALERT – When a customer’s potential savings hits their chosen savings threshold, uno will alert them that a better deal may be available and also send them regularly updates.
ACT – With the customer’s approval, uno will either renegotiate with the customer’s current lender or switch them to a better deal.
Already, loanScore customers have been shown to have a potential median 3-year saving of $5,200.
The cornerstone of uno’s Active Home Loan Management is its loanScore technology, which analyses a customer’s home loan against thousands of other loans in the market and enables customers to see how their loan compares. They can also see how much they could save if they take action to change it.
1 All loan applications are subject to uno assessment and lender approval. uno does not guarantee that it will be able to find a customer a better loan than the one they currently have or to save them money
2. uno will check your home loan by comparing the most recent data you have provided uno about your current home loan against uno’s available lender data and calculating the loanScoreTM. Refer to for further details on how your loanScoreTM is calculated
3. Variable rate, owner occupier, P&I loan with LVR under 80%. Results are based on what you entered and should be used as a guide only. Lender rates and products may change. We cannot suggest you remain in or switch to any loan until we complete our assessment. Fees and charges apply. We cannot recommend a product until we have double check that the home loan is suitable for you
4. WARNING: This comparison rate is 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. The comparison rate is calculated on the basis of a loan of $150,000 over a term of 25 years.
We were recently approved for finance with Scott Wilkinson at UNO Home Loams. Scott was friendly and professional the whole way through the process and obtained the finance for us when many others had said they wouldn’t be able to. Thanks to Scott we were able to get everything done and settled in quite a short amount of time considering the complexity of the deal. We knew where we stood the whole way and no details were hidden or forgotten .
Thanks Scott you are highly recommended by myself and my Wife.
Paul Davey and the team were amazing! As Kiwi's who have moved to Australia I wanted to use someone back home or who had experience with helping FHB in Australia. Paul answered all of our questions in a timely manner and helped us to secure the home loan and move into our new home. We had a few meetings with Paul and he did all the the work so us, we just filled in the required paperwork and he and the team did the rest. We dealt with Dalby for the last part of the process and he was also amazing! Highly recommend Paul and the team! Thanks Paul, Dalby and the team and UNO Home Loans.
Mike Parsons: Working with Mike was amazing. My wife and I were a couple from Sydney that had a 7 year stint overseas. On moving back, our loan had gone from Interest Only to Principal and Interest. The challenge: to get 2 recently re-patriated Aussies on an Interest Only loan. With only 1 year of Oz financials. And with income from an overseas company. We had equity in our property, but the ability to service was the issue. A very tough brief. Step in Mike. He contacted all his lenders, knowing that this was a unique situation. He never let up and followed through with calls and whatsapps at every stage of the process. We simply could not have got our Interest Only loan if it wasn’t for Mike. I highly recommend Mike for any loan or re-finance that you’re looking at. His attention to detail and ability to find creative solutions is second to none. And most importantly - he's a good guy that will guide you through the whole process in what can be a stressful time. Steph and Neil
Mike Parsons provided my wife and I outstanding service for our home loan. I have never dealt with someone who is so helpful and goes the extra mile and provides such excellent service the way Mike did. Highly recommend Mike as your broker for all investment/home loans you won’t be disappointed.
Mike Parsons was truly amazing when he organized our home loan. He offered service that far exceeded my expectations. He was on top of everything and was very organised. He has a true “do it now” attitude and ensured everything ran smoothly. He went above and beyond to make sure everything was in place. He was always contactable (even when he was on holidays!). Keeping us up to date at every step and his communication was great! Would VERY HIGHLY RECOMMEND Mike!
Highly recommend Mike - great service, very responsive and helped us through the whole process from product selection, approval all the way to settlement. Mike is supported by a great team at UNO
I had a fantastic experience with UNO Home Loans.
I want to personally recognise the work of Mike Parsons from UNO.
Mike went above and beyond in helping me navigate and select a lender his attention to detail, knowledge of the Market, Excellent Communication skills matched by a patient and friendly personality made the whole process simple and painless.
Thanks Mike and thanks UNO
We received excellent service and a tailored solution to our home loan requirements from Uno. Paul kept us informed at all milestone stages and throughout the process he demonstrated a ‘can do’ attitude that ultimately allowed us to get over the line and meet our deadline. We’re most grateful and very impressed. Highly recommend
Paul helped us from day one before we even arrived in Australia so we knew exactly what we needed to prepare. He’s got a tonne of knowledge and was really lovely and supportive to deal with. Helpful and easy going. Would highly recommend - now in our first Aussie home and Paul made the process all very easy!
After just four months in Australia, our New Zealand home sold, prompting us to stop renting and invest locally. We found Paul through a Kiwi Facebook group, and his exceptional service exceeded our expectations. From initial contact, Paul provided clear explanations, friendly communication, and prompt responses to our queries, making our mortgage process remarkably smooth. We highly recommend him.
Mike Parsons went above and beyond to ensure that our refinancing journey was painless and successful. He was communicative, accessible (even working while on holidays!), and his knowledge of the systems at play meant that he picked up on things that other brokers missed. Would 100% recommend Mike, and will definitely be back next time we need a broker.
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