Ratings
LVR options
LVR is an acronym for Loan-To-Value Ratio. The LVR is the amount you are borrowing against the property value being used as security, represented as a percentage.
Unloan Home Loan does not offer tier pricing for lower LVR. With Home Loan, you can borrow upto $80% LVR.
80%
LVR
Unloan
Repayment options
Interest only loans have traditionally been tailored to investors so they can reduce their mortgage repayments and maximise their tax benefits and overall return on investment (ROI). However, getting home loan with interest only (IO) has its place and some lenders are willing to consider your application if you can provide valid reasons.
Interest only repayment option is not available with Unloan Home Loan for first home buyer.
Paying pricinpal and interest
Unloan
Q&As
Does Unloan Home Loan comes with an offset account?
No, Home Loan does not come with an offset account.
Generally speaking, variable home loans without offset accounts are often called basic or 'no-frills' loans, you get lower account-keeping fees and lower interest rate for your home loan. In some cases a basic home loan can actually be cost efficient than a 100% offset account.
What are the costs to apply for Unloan Home Loan?
There is no upfront costs to apply for Home Loan
- Application fee: $0
- Valuation fee: $0
- Settlement fee: $0
Are there costs when I exit or refinance to another lender?
There is no discharge fee for Home Loan. Which is a good news as most lenders charge a discharge fee range anywhere from $150 to $400 when you exit or refinance out.
IMPORTANT: Lenders change their policy from time to time so this information is current only accurate at the time that it was written. You should always check with Unloan or a mortgage broker just to be sure. This information should be used as a guide only.