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Homeloans Broker Update
8 November 2011

In this issue:

  1. Homeloans Variable Rate Decreases
  2. Contact Homeloans
Homeloans Variable Rate Decreases

Effective immediately, the company will be making substantial rate decreases. Homeloans has made the decision to cut rates by up to 0.35% on the Homeloans Ultra and Homeloans ProSmart ranges.

New rates on our MoniPower range will be advised as soon as they become available.

The following rates will apply to all new business.

Homeloans Ultra (Full Doc) Range

 Product Old rate
New rate
Difference
 Homeloans Ultra
7.14%
6.79%
-0.35%
 Homeloans Ultra 75
7.04% 6.69% -0.35%
 Homeloans Ultra Plus
6.99% 6.64% -0.35%
 Homeloans Ultra Plus 75
6.89% 6.54%
-0.35%

In addition, Homeloans has made the following rate decreases:
  • Homeloans Ultra Plus LOC from 6.79% p.a. (-0.35% difference)
  • Homeloans Ultra Plus Lo Doc from 7.14% p.a. (-0.25% difference)
  • Homeloans Ultra Plus Lo Doc LOC from 7.29% p.a. (-0.25% difference)
Homeloans ProSmart Range

 Product Old rate
New rate
Difference
 Homeloans ProSmart
7.14%
6.79%
-0.35%
 Homeloans ProSmart SMSF
7.79% 7.44% -0.35%
 Homeloans ProSmart LOC
7.24% 6.89% -0.35%
 Homeloans ProSmart Lo Doc
8.34% 8.09%
-0.25%
 Homeloans ProSmart Lo Doc LOC
8.44% 8.19% -0.25%

^Interest rates current as at 8 November 2011 and are subject to change. *Up to 5 years. Terms, conditions and lending criteria apply.

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  Contact Homeloans
To be put in touch with your local BDM, please call 1300 78 78 66 or contact us at marketing@homeloans.com.au.
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