Homeloans Ultra Plus Homeloans Ultra Plus >$200K LVR >90% to 95% (Principal & Interest) (Owner Occupied)
4.33%p.a Standard Variable
Repayments calculated to take into account ongoing monthly and anual fees.
- Monthly repayment*
- rate per annum
Loan to Value Ratio
Borrow up to the maxium of 95% of the value of the property.
Lenders Mortgage Insurance, or LMI, will be payable on most loans where the borrowings are greater than 80% of the value of the property.
However, you may be able to capitalise LMI into your loan, increasing the overall loan amount by about 2% (in order to cover the cost of the insurance). Contact a loan market broker to find out how LVR and LMI might impact the cost of your loan repayments.
- Capitalise LMI
For Construction and Owner Occupied in NSW, NT, QLD, SA, WA, VIC, TAS, and ACT.
- 5 - 30 years
The level of financial documentaion and credit history required to apply for the loan.
- Full Doc
- Credit History
- Genuine Saving
Save on interest repayments by holding spare cash in an offset account.
- Offset account
Get quick access to cash by drawing on the loan to pay for renovations or other purchases.
- Redraw Facility
- Min Redraw
- Redraw fee
Given the wide range of loans on offer – with different interest rates, product features and fees – it pays to shop around to find the loan that fits your needs and circumstances. Some loans offer features that may be appropriate for your situation and result in savings over the life of the loan.
Some features you may wish to consider include:
- an offset account;
- ability to make extra repayments;
- a redraw facility; and
- linked credit card and savings accounts;
- ability to split your loan between fixed and variable interest rates
- Offset Account
- Redraw Available
- Internet Banking
- Telephone Banking
- Credit Card
- BPay Option
- Portability of Loan
- Professional Pack
- Check Account
- Direct Salary Credit
- Free Transactions
- Minimum Redraw
- Redraw Fee
You can make your repayments Fortnightly, Monthly, and Weekly.
- Interest Only Option
- Max Interest Only
- 0 years
Upfront fess associated with estabilishing the loan. Other loan set-up fees, such as valuation fees and lender's mortgage insurance, and Government charges, such as registration fees and stamp duty on property transfer, have not been included. These will be determined after application.
Monthly and annual fees and charges during the loan period.
Fees associated with prematurely ending the loan.
- Early Repayment
- Switch To Fixed
SPECIAL OFFER Homeloans Ltd is waiving its $199 Application Fee for new loan submissions until further notice OTHER PRODUCT INFO: PLEASE NOTE: Quoted interest rate includes a loading of +0.15% for loans with a base LVR above 90%. The cash-flow test approval level for all loans with a base LVR greater than 90% is 1.25. Construction available. (Funders strict credit policy applies.The building plans and specs need to be submitted with the application up front without any exceptions. Refer to lender for further details). The Homeloans Ultra Plus is a fully featured loan for purchase, refinance or debt consolidation. Features; -Redraw -Extra Repayments -Monthly credit card sweep -Choice of Repayment Frequency Cash Out is available as per following: LVR up to 80%: Unlimited. LVR >80%: Subject to LMI Insurer. Some conditions apply. Once P&I option is selected, P&I repayments are required for the term of the loan. Interest only converts to P&I after maximum of 5 years for the remainder of the time. Please do not hesitate to contact your BDM for further info RATE LOADING MAY APPLY TO LOANS <$200,000, PLEASE REFER TO INTEREST RATE CARD IN DOCUMENT LIBRARY
Owner Occupier max LVR 95% inclusive of any LMI capitalisation. Max LVR 90% for Debt consolidation, Refinance, Cash Out, Construction and Vacant Land.
Genuine savings required for loans >90%
Valuation Cost - Homeloans will cover the cost of one standard val per application up to $300 at Conditional approval Solicitors Fee - No cost to borrowers for standard loans only (individual borrower (s), and a single security property.) Includes document preparation, search fees, bank cheques, postage and all other sundries. Solicitors fees on all other non standard loans (e.g. additional securities, companies, guarantees, trusts etc) are subject to higher fees.