Enjoy competitive home loan rates from UBank with the security of one of the big four banks in Australia.
UBank is an online lender backed by the financial strength of National Australia Bank (NAB) and their deposits are covered by the Government Guarantee (up to $250,000 per person, per institution).
While UBank does not have any physical branches in Australia, representatives can be contacted online, or via phone or Skype.
UBank UHomeLoan Variable Rate - Standard Variable Rate Value Offer (Owner Occupier P&I)
UBank UHomeLoan Value Offer
One of the lowest Interest rate home loans offered in the Australian Market. No application and ongoing fee. Enjoy a competitive variable rate and upfront discount offer.
Compare UBank home loans
UBank home loan rates for October 2016
|Loan||Interest rate||Comparison rate|
|UBank UHomeLoan Variable Rate - Standard Variable Rate Value Offer (Owner Occupier P&I)||3.64% p.a.||3.64% p.a.|
|UBank UHomeLoan Variable Rate - Real Reward Offer (Owner Occupier Interest Only)||4.03% p.a.||4.03% p.a.|
|UBank UHomeLoan Variable Rate - Standard Variable Rate (Investor)||4.36% p.a.||4.29% p.a.|
|UBank UHomeLoan Variable Rate - Standard Variable Rate (Investor with Investor Extra Offer P&I)||3.79% p.a.||3.79% p.a.|
What home loans are available from UBank?
UBank offers two types of loans to borrowers. This includes a fixed rate option available in 1, 3 and 5 year terms and a loan with a competitive variable rate of interest.
UBank fixed rate home loan - The UBank fixed rate home loan carries no monthly account keeping fees, and offers the ability to split your home loan. You can also elect to pay the interest portion of the loan only and choose your own payment schedule.
UBank variable rate home loan - With a low interest rate of the variable rate home loan option from UBank is an attractive offer for those looking to refinance or purchase a new home. The loan offers a free redraw facility. It carries no ongoing fees and a $0 application fee.
Are you able to apply for a UBank home loan?
If you're looking to apply for a UBank UHomeLoan, ensure you meet the following criteria. You must:
- Be over 18 years old
- Never have committed a financial crime or declared bankruptcy
- Be an Australian resident and have an Australian residential address
- Earn a PAYG income from an employer as your main source of income
The application process
If you would like to apply for a UBank home loan, please click on 'go to site' to be safely redirected to the application page.