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Homeloans Ultra Plus 

The Homeloans Ultra Plus offers a discounted interest rate in return for an annual fee. This home loan works best for larger loan amounts and investors. Pay less interest and become debt free faster!

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Homeloans Ultra Plus features
Loan term 5 - 30 years
Loan purpose
  • Purchase
  • Refinance
  • Debt consolidation
  • Equity release
  • Construction**
  • Vacant land**
Borrower type
  • Individuals
  • Companies/ trusts
  • Non - residents^
Deposit requirements Borrow up to 90% of the purchase price. Borrow up to 95% for owner occupied purchases only#
Interest rate options
  • Variable
  • Fixed
  • Principal & interest
  • Interest only
Repayment frequency
  • Weekly
  • Fortnightly
  • Monthly
Repayment options
  • Salary credit
  • BPAY
  • Direct debit
Split product option Yes, package with Homeloans Ultra Line of Credit
Split rate option Yes. 1 - 5 year fixed rates available
Redraw Available via phone and internet banking, ATM, EFTPOS and direct credit. Variable interest rate loans only.
Additional repayments Yes*
Internet and phone banking Yes
Loan portability Yes
Ongoing fees $330 per year        

**0.10% interest rate loading applies during construction period
^Additional lending criteria apply. 
* Not available during fixed rate period

All applications are subject to normal lending criteria, fees and charges may apply.

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