Mortgage News February 26, 2020
Homeloans Ultra 2 Year Fixed Rates

Effective 19th May, Homeloans reduced their Ultra 2 year fixed rates by 0.05% p.a.


Note: For full doc loans where the loan facility LVR is less than or equal to 80% and the total loan amount is greater than or equal to $200,000 an interest rate discount of -0.10% will apply.

For Lo Doc loans where the loan facility LVR is less than or equal to 60% an interest rate discount of -0.20% will apply.

If up to 50% of the total loan facility is fixed an interest rate discount of -0.15% will apply to both full doc and lo doc loans.

A combination discount of the above is also available.

This means the Homeloans Ultra Plus 2 Year fixed rate Combo loan at 80% LVR is available from 4.84%.

Homeloans Product

Initial Rate

+/-

Homeloans Ultra 2 Yr Fixed

5.24%

-0.05%

Homeloans Ultra 80 2 Yr Fixed

5.14%

-0.05%

Homeloans Ultra Lo Doc 2 Year Fixed

5.57%
5.77% if LVR > 60%

-0.05%

Homeloans Ultra Plus 2 Year Fixed

5.09%

-0.05%

Homeloans Ultra Plus 80 2 Year Fixed

4.99%

-0.05%

Homeloans Ultra Plus Lo Doc 2 Year Fixed

5.42%
5.62% if LVR > 60%

-0.05%

 
Check out the new rates in iLend™.

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