Is this home loan right for me?
Finding the right home loan can get really complicated. But the UHomeLoan could be right for you if you're looking for:
- a fantastic rate to refinance the mortgage on your home or investment property,
- no application fees or ongoing admin fees, and
- a simple online application process with minimal paperwork
Making sure you're eligible to apply
Answer 'yes' to all the following statements and you're eligible to apply for a UHomeLoan:
- I'm over 18 years old.
- I'm an Australian resident.
- I have an Australian residential address.
- I/We are currently receiving regular PAYG income from an employer (primary source of income excludes rental income, unemployment benefits, superannuation, pension and family payments).
- I'm not self-employed.
- I'm looking to refinance an existing home loan.
- The intended loan amount is less than 80% of my estimated property value.
- A single, fully completed residential property which is a house/unit over 50sqm will be used as security.
- For joint applications, the security property must be owned by both borrowers.
