We can help if you need an urgent approval. Contact us immediately on 133 866 or through online chat.
An offset account can make a massive difference to the total cost of a home loan, but only if you know how to use it effectively. Ask us how on 133 866 or through online chat.
Yes, we will do our best to help you organise finance to ease the stress in that anxious period between buying and selling a home. One option is a bridging loan, which lets you finance the purchase of a new home while your current property sells. If you feel you might need to go down
It’s best to contact your home loan lender immediately if you suffer a loss of income for any reason. In most cases they will come up with a plan that will help you through any difficult circumstances, simply because they don’t want you to default on their loan. They will want you to recover financially
Lenders Mortgage Insurance (LMI) is paid on all home loans by the lender to a third party or in-house insurance organisation. It is charged to you if the loan amount is 80% or more of the lender’s valuation of the property you are purchasing. You can avoid paying LMI by contributing at least 20% of
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. If you would like to take advantage of uno’s financial expertise to help you make that decision, contact
A comparison rate gives you an indication of the true cost of a loan. It’s a way of comparing loans equally by including known fees (upfront, ongoing and exit) on top of the interest rate and is calculated on a $150,000 loan over 25 years. As this is a precise reference point, we recommend that
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 (which can be charged monthly or yearly); variation fees; repayment holiday fees; security substitution fees (which can be used to change the property that secures a loan); discharge fees (which
Lenders in Australia calculate and accrue interest charges every day, for instance an advertised interest rate of 5% per annum is actually charged at 5 divided by 365 (or 366 in 2016) per day. These daily interest accruals are added up once a month and the total monthly amount is charged to you, usually via