Articles

Your lender chooses one of three methods to value properties – electronic valuation, drive-by valuation and in-house valuation.

No one wants to borrow more than is necessary, of course, but it can be difficult to predict exactly how much you will need.

A pre-approval or conditional approval from a lender typically lasts 90 days.

Six months ago interest only loans made a lot of sense for property investors. Today, the story is very different.

Expecting a baby, or planning to start a family sometime in the future? You’ll be pleased to hear there are home loan options out there that factor in life changing events such as taking parental leave.

There are a lot frustrated buyers out there, overwhelmed by selling agents’ tactics and sick of underquoting. Buyer’s agents exist to help these people.

We explain all product features you might need to know during your home loan process.

It’s best to contact your home loan lender immediately if you suffer a loss of income for any reason.

Get noticed, show confidence, have a plan and get the timing right and you can score the winning bid at your next home auction. Click to find out more.

The decision to fix your interest rate will depend on your goals, financial situation and risk appetite. It is best to understand how fixed and variable interest rate options work and the pros and cons for both.

Lenders Mortgage Insurance (LMI) is paid on all home loans by the lender to a third party or in-house insurance organisation.

There are many other costs you need to think about when organising a home loan: application fees; valuation fees; settlement fees; ongoing account keeping fees; variation fees; repayment holiday fees; security substitution fees; discharge fees...

Lenders in Australia calculate and accrue interest charges every day.

This includes interest-only loans, low-doc loans, fixed rate and variable rates, loans for first home buyers, as well as loans for investment properties.

You can approach a bank directly if you wish but UNO gives you access to a large number of major and specialist home loan lender in Australia.

Yes, UNO is accredited with a number of lenders, which means we can offer advice on a range of home loan and credit products.

Yes, UNO is accredited with a number of lenders, which means we can offer advice on a range of home loan and credit products.

Use the Profile screen which you can access here to edit any of the data for your home loan product search.

Yes, just speak to your home loan expert about starting a second application.

You may need to verify your identification, and this is likely to depend on whether you’re already banking with your preferred home loan lender.

Your uno Dashboard contains a to-do list and a document checklist. These have been tailored by our home loan experts to show what needs to be done at every step.

Signing documents for your loan contact will vary depending on the lender. You may sign documents with your solicitor or at the lender’s branch.

Just log into your uno account and check the uno Dashboard to see your application status. Otherwise, you can always contact us on 133 866 or through online chat.

The top 3 reasons why you should choose a UNO Broker are Unparalleled Service, Streamlined Process & Technology and Great reviews from customers just like you.

It's a question for all investors; how much should I invest renovating to add value to my property? Click to read our guide on renovating for profit.

Instead of saving for all the deposit, your family can offer a family guarantee. Learn how you can afford your first home with a family guarantee.

If you’re looking to buy a new home, you need to consider what you’ll do with your current home. Should you sell first and then buy? Or buy first and sell later?

If you’re selling your property, paying off your home loan in full, or refinancing your home loan, you’ll need to complete a mortgage release or discharge form.

Ever wondered: What size deposit will I need? What can I do if I have less than required? How does it benefit me if I have more than what’s required?

Don’t spend another year shedding tears, and dollars, because you didn’t refinance your mortgage. Let UNO do some huffing and puffing as we trim down your mortgage, pop it down your chimney and under your tree in time for Christmas morning.

When you’re self-employed and can’t prove your income easily, low doc loans come to your rescue. Here are some tips on how you can choose the right low doc loan for you.

Also known as equity lines, lines of credit offer access to large sums of money, but come at the cost of paying interest. Still, you can make your line of credit work for you.

How a Sydney executive refinanced her multi-million dollar portfolio and locked in the absolute best 5 year deal.

Your real estate agent may appraise your property. However, this isn’t the same as the valuation a lender will carry out. Let’s look at the differences between the two.

It’s prudent to ensure that you have the proper insurance if you want to buy a property in a flood-prone area. If you don’t, you may find it difficult to secure a home loan. We break down some key factors to consider

The answer is 'it depends' - We break down the factors and which ones are key and when

The key risks to consider, how much of a risk they really are and what you can do to manage the risk

There are a range of property types to consider if making an investment, we review thet types and pros and cons of each

In an effort to help the construction sector through the coronavirus crisis, the NSW government has abolished stamp duty for first homebuyers for newly-built houses up to $800,000. They have also introduced discounts for properties between $800,000 and $1 million.

The UNO Household Financial Waste Report details the insights and trends we have uncovered in our analysis. It discusses how this story might unfold from here as consumers embrace technology and data becomes a powerful force for the good of borrowers.

In the world of buying and selling there are some generalist investment strategies, however, that will hold you in relatively good stead.

Buying off the plan can be a smart and affordable choice compared to buying an existing property. But it also comes with potential risks. Let’s look at the reasons for and against.

Not all upgrades to your home will add value, some will add more than others. Consider this if using your equity to improve your home

There are a range of factors to consider and you are going to want expert advice but we break down the things you should consider initially

One of these first homebuyer schemes may be the final piece in the puzzle on your journey to home ownership.

If you need to get pre-approved fast then certain lenders will be your best bet, but which ones and what else is important to consider

Fixing your loan needs to take into account your situation and future needs. This guide helps explain what to consider

A bunch of practical information on how to save your deposit for a home loan faster

Auctions can be high drama or stress but there are ways to be successful or at least navigate the whole thing better

LVR, Loan to Value Ratio has huge implications on your home loan. Understand why and what you can do about it

Research from UNO that indicates you have a 1 in 2 chance of not being on a great deal with your home loan right now

A very useful tool but important to do right so you don't end up paying a lot more in unwanted interest

What you can borrow and what you should borrow are very different numbers, a guide to understanding the difference and living within your means

Most people who have had their loan for more than a year or so are probably no longer on the best deal. We explain why and what to do about it

Sometimes you don't need to change lenders but you do need to be on a better structure with your current lender. UNO explains what options there are and how to navigate this

What do you get when you mix a kombi van, a barista giving away free coffee, and live demos of UNO’s hot new technology? A brilliant three days, that’s what.

A critical factor in borrowing power that is not immediately visible. Understand assessment rates and make sure you work with a broker who can help you navigate them

Syed Hasan was looking to refinance his home loan. He’d used a mortgage broker to secure a loan a couple of years ago, after he and his family moved to Sydney from London. But now he wanted a better deal.

Home loans for for investment properties need to consider the nuances of how an investment property works especially around topics such as negative gearing

Cashflow is a critical part of any investment but is uniquely critical in property investment. Here we break down the topic from a number of angles

Lenders will often talk about genuine savings, what is it, when does it matter and can you work around it?

Australians’ laziness, loyalty and fear is costing the average home borrower who doesn’t switch more than $14,000. Our data shows potentially more than 60% of Australians fall into this category.

While New Zealand citizens can more easily buy property in Australia there is still a lot to consider. In this article we break down all the key considerations

Why being open to smaller lenders will likely lead to savings on your home loan and if the concerns about smaller lenders are well founded or not?

Even with multiple investment properties you can refinance but it requires a competent broker who can manage the complexity and timing

UNO announces $5m investment from Westpac to make further tech enhancements

Alright, so you've just taken on a new job and you're also thinking about getting a home loan. Most people would think this is a terrible time to be actually starting the process. But you might be surprised that there are actually lenders who fully understand that people change jobs even more so in today's society and that this is a very valid time of your life to be considering getting a property purchase or refinancing your loan. So the things to think about here are typically what lenders will be battling with is if you're still on probation, that's usually a challenge, or if you haven't got your first pay slip, that will be a challenge, or alternatively, if you're operating in a new industry, that potentially is a challenge as well.

So you're looking to buy a place and hoping your parents might tip in? There are absolutely options and ways to structure that, which can be beneficial to you and not too much of a risk for your parents, but it really is important to involve them in the process early on. Quite often we see a child or children who come to buy a place and they're looking to get help from their parents, and they're really not bringing the parents on the journey early so that the parents can step through the options, understand the pros and cons of either gifting you some money, giving you some money on a short term loan, or even using an existing property via what's called a "family pledge product". So if you're planning to buy a property and you're looking to enlist your parents' help, make sure you get them involved early, make sure you're bringing a UNO broker who can help you sort of step through the options and what the pros and cons of each are.

Short video explaining some key steps to consider when using your equity to buy an investment property

Moving to Australia is actually the leading website in New Zealand for helping New Zealanders who are considering a move to Australia step through everything that they might need to do.

Experience a stress-free home loan refinance with our handy 3-step process. Visit our website to plan your next refi the uno way. Fast, easy and stress-free.

Are you a first home buyer and have no idea where to begin? Our guide will show you all the basic information you need to know and kickstart your home loan journey.

Buying property is probably one of the biggest financial decisions you’ll make in your lifetime. As such, it requires a large amount of consideration. Whether your a first home buyer or looking to buy again we've created this in depth article that helps you to understand the major steps in the process and some key considerations

You may have a good idea of what the home you want to buy is worth before you go to a home loan provider. However, you may find that your lender comes up with a different valuation than you expected.

Buying property is probably one of the biggest financial decisions you’ll make in your lifetime. As such, it requires a large amount of consideration. It doesn’t matter if you’re buying a six bedroom house on Wolseley Road – or a studio apartment in Tuggeranong, buying property is a very big deal.

As an Active Home Loan Manager, uno stays on top of the best rates in market so you don’t have to.

“Last year when I was thinking about buying a house it seemed so impossible. After talking to Tian and hearing, ‘here are your options’, I knew there was a little bit of hope there; that it was possible.”

If you’re not making the progress you were planning on, and you have a goal of whipping your finances into shape this year, here are three quick and easy actions you can take to make progress towards more money and less financial stress in 2021

Her first purchase had major structural defects but Anna Porter turned her luck around with a series of subsequent property purchases. What drives her is not wanting to have the world’s biggest mortgage when she retires. “I want to have the lifestyle I want to have in my 40s, not my 70s,” she says.

Are you a first home buyer and have no idea where to begin? Our guide will show you all the basic information you need to know and kickstart your home loan journey.

Buying property is probably one of the biggest financial decisions you’ll make in your lifetime. As such, it requires a large amount of consideration.

With confidence returning to the economy and investors returning to the property market, real estate values are tipped to increase in many areas of Australia this year. So which cities are set to enjoy the biggest property price growth in 2021?

Read how concreter Ken Smith consolidated his loans and shaved $7000 off his mortgage.

As we are an active home loan manager that helps people achieve their dream of buying a home, it makes sense that we also help people experiencing homelessness.