Ultra Home Loans is committed to assisting First Home Owners!
Ultra Home Loans remains committed to assisting First Home Owners to get their foot in the door in what has become a tough lending enviroment. We specialise in low deposit home loan options for those struggling to save a traditional deposit.
We pride ourselves in providing our First Home Owners with the support they need and the information they want during the daunting process of purchasing their first home.
Ask us any question! We are here to help you.
Ultra Home Loans Townsville has a simple process to assess your loan options and get you into your home sooner!
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What lender is best suited to you? Ultra Home Loans will look at all your circumstances such as work history, savings position, assets and debts, credit history, age and deposit available to work out who can offer you a good interest rate and where you loan is most likely to be approved
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How much can you borrow? We will then use our calculators with those lenders to see what your borrowing capacity is. This will help you determain what price range you should be considering and how much your repayments will be.
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How much deposit do you need? With the above information we can then work out exactly how much money you will need to purchase your property and start working towards your dream!
Homebuying made easy with our
3-step formula!
Not much deposit? We have options!
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We can use your rental history with a Licenced Real Estate Agent to waive the requirement for 5% genuine savings
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Look at lenders that will not require 5% genuine savings and will accept borrowed funds, first home owner grants, gifts and other lump sums towards your minimum deposit
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Consider a Family Gaurantee where a family member uses equity in their own property to secure your loan, allowing you to borrow 100% of the puchase price plus costs
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Try raising a larger deposit of 10% via gifts, First Home Owners Grant, tax returns and so forth to waive the need for genuine savings
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Choose lenders who accept tax returns, work bonus's and sale of assets such as cars as genuine savings