What happens to my home loan if I lose my job?

What happens to my home loan if I lose my job?

It’s best to contact your home loan lender immediately if you suffer a loss of income for any reason.
UNO home loans
UNO home loans

It’s best to contact your home loan lender immediately if you suffer a loss of income for any reason. In most cases they will come up with a plan that will help you through any difficult circumstances, simply because they don’t want you to default on their loan. They will want you to recover financially and start repaying your home loan regularly.

UNO home loans
UNO home loans

* Two year fixed rate, owner occupier, P&I package loan with a maximum LVR of 70% and a loan amount >=$150k. 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. ^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. ± 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.