As an Active Home Loan Manager, uno stays on top of the best rates in market so you don’t have to.
New research released today by uno Home Loans has found Australians are wasting an estimated $4.2 billion annually on home loan waste. In other words, homeowners are throwing away billions each year largely because they – or their brokers – are not being proactive about shopping around for a better rate.
Research detailed in the uno Household Financial Waste
The cost of inaction
This bank loyalty – or inactivity – is costing Australian homeowners an exorbitant amount each year.
When it comes to home loans, one of the main barriers to refinancing is customers having to shop around or ask their broker to shop around for a better deal. Using data from its customer base, uno found 84% of homeowners would be more likely to refinance if they were alerted about not having the best deal for their situation.
It found the same number (84%) of people would be more likely to refinance if there was a service that automatically found and alerted them to cheaper loans tailored to their situation.
Enter uno’s Active Home Loan Management, which acts in the best interests of home loan customers. uno can proactively manage the home loans of Australians on their behalf, so consumers don’t have to worry about them.
There are 3 stages to the Active Home Loan Management service:
ANALYSE – uno will scan the market using our unique loanScore technology to check customers’ loans against thousands of home loan products in the market.
ALERT – When a customer’s potential savings hits their chosen savings threshold, uno will alert them that a better deal may be available and also send them regularly updates.
ACT – With the customer’s approval, uno will either renegotiate with the customer’s current lender or switch them to a better deal.
Already, loanScore customers have been shown to have a potential median 3-year saving of $5,200.
The cornerstone of uno’s Active Home Loan Management is its loanScore technology, which analyses a customer’s home loan against thousands of other loans in the market and enables customers to see how their loan compares. They can also see how much they could save if they take action to change it.
1 All loan applications are subject to uno assessment and lender approval. uno does not guarantee that it will be able to find a customer a better loan than the one they currently have or to save them money
2. uno will check your home loan by comparing the most recent data you have provided uno about your current home loan against uno’s available lender data and calculating the loanScoreTM. Refer to for further details on how your loanScoreTM is calculated
3. Variable rate, owner occupier, P&I loan with LVR under 80%. Results are based on what you entered and should be used as a guide only. Lender rates and products may change. We cannot suggest you remain in or switch to any loan until we complete our assessment. Fees and charges apply. We cannot recommend a product until we have double check that the home loan is suitable for you
4. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rate is calculated on the basis of a loan of $150,000 over a term of 25 years.
I honestly couldn’t recommend Jake de Ruyter more highly! From start to finish, he was absolutely amazing. He made the entire process smooth, stress-free, and easy to understand. His communication was excellent, he was incredibly quick to respond to emails, phone calls, and messages. No matter what we asked, he got back to us straight away and explained everything clearly, which made the whole process feel so much less stressful. Thank you for such an outstanding experience!
Scott and his team has been absolutely wonderful to work with from start to finish. What could have been a very stressful experience was made so much easier thanks to Scott’s support and dedication. I truly appreciate all the hard work he has put in to help me secure the best outcome possible. I would highly recommend Uno Home Loans to anyone looking for reliable and knowledgeable financial assistance.
I contacted Uno on a whim about refinancing a small loan. Once I was in communication with Mike Parsons, I knew I was in safe hands. He was patient throughout the process and I appreciated his personalised, purposeful and professional service, especially the following up when it was required. Mike also comes highly recommended for his knowledge.
I reached out to Mike Parsons and he was knowledgeable, tailored his advice to my specific situation and offered options which were aligned with my goals. Above all he was understanding and professional.The whole process was smooth and stress-free. Mike offered exceptional service and kept me updated throughout the whole approval process.
I highly recommend Mike Parsons from Uno Home Loans. He is a clear, patient communicator who made the complex loan application and settlement process easy to understand. Mike is very thorough and reassuringly meticulous with documentation. He was generous with his time, always prompt with answers, and handled multiple applications and extensions for us seamlessly, while giving useful advice on loan options along the way, even if it meant more work for him. Most importantly, Mike secured us a great loan when other brokers couldn't. I’ve already recommended him to friends and will continue to do so. The best broker I have used out of the several i have interacted with.
We can’t recommend Paul highly enough. He truly went above and beyond for us and made what could have been a stressful process feel simple and manageable. Paul’s communication was clear and honest from the start. He was straight up about everything, provided us with a clear list of what we needed to supply, and then took care of the rest. He was transparent throughout the entire process and always took the time to answer our questions — no matter how big or small. As first-home buyers purchasing in a new country, we were nervous going in, but Paul made the whole experience easy and reassuring. We felt supported every step of the way and genuinely appreciated his professionalism and guidance. Very appreciative of everything Paul did for us — we couldn’t have done it without him.
We had the pleasure of working with Paul Davey to secure a home loan for our first home. Paul was extremely knowledgable and helped make the entire journey of securing a property in Australia a breeze. We can't thank you enough for everything you did Paul, you are a true legend. Thank you very much! We'll be back for our next property.
Mike was recommended to us by a friend and exceeded expectations. He was extremely informative, patient, and flexible, and made our first home purchase a smooth experience. Beyond securing a great rate, the real value was how he managed all communication between solicitors, lenders, and other parties. This made settlement seamless and was incredibly helpful for us as time-poor buyers. Highly recommend.
Jesse provided exceptional guidance throughout our refinance, home sale, new purchase, and the construction loan for our family home. His professionalism, clear communication, and attention to detail made every stage of the process seamless. Highly recommended.
Planwise AU Pty Ltd trading as UNO Home Loans ABN 81 609 882 804 Australian Credit Licence Number 483595. UNO values your privacy and last updated our Privacy Policy on 29 January 2020. L17, 123 Pitt Street, Sydney NSW 2000
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