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Glossary
November 17, 2023
What is Lenders Mortgage Insurance and how can I avoid it?
Lenders Mortgage Insurance (LMI) is paid on all home loans by the lender to a third party or in-house insurance organisation.
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November 17, 2023
What other costs should I consider when getting a loan?
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...
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November 17, 2023
How does the lender calculate and charge the interest I pay?
Lenders in Australia calculate and accrue interest charges every day.
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November 17, 2023
What different types of home loans are available?
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.
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November 17, 2023
Why wouldn't I just go direct to the bank?
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.
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November 17, 2023
Can UNO provide home loans for unique financial circumstances?
Yes, UNO is accredited with a number of lenders, which means we can offer advice on a range of home loan and credit products.
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November 17, 2023
How do I edit my data?
Use the Profile screen which you can access here to edit any of the data for your home loan product search.
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November 17, 2023
Can I make a second application?
Yes, just speak to your home loan expert about starting a second application.
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November 17, 2023
How do I verify my identity?
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.
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November 17, 2023
How can I check the status of my application?
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.
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November 17, 2023
Does uno offer home loans for investment properties?
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November 17, 2023
Explaining Loan to Value Ratios
LVR, Loan to Value Ratio has huge implications on your home loan. Understand why and what you can do about it
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November 17, 2023
What is the application process?
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