Homeloans has cut its Ultra Plus loan for new businesses by five basis points.

The loan is now available from 4.74%. The comparison rate is 5.08% based on a $150,000 loan amount over 25 years.

Click here to find out how much you can save using Your Mortgage’s home loan calculator.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker