Ultra Clear Loan

Are you self-employed >12 months or have different income streams, and have a default >2 years old? Your choice is Ultra Clear.

make it

   work for you

Key features of the MKM Ultra Clear loan

Loan Settings

  • Rates from 3.19%
  • Maximum LVR 85%

  • Maximum loan of $3M

  • We pay 0.75% upfront commission with a 0.2 trail

Other features

  • We do not clawback
  • No risk fees on our Full Doc Ultra Clear product
  • Owner Occupied Purchase or Refinance


  • 100% of Income Protection, OT, Allowances, Commissions, etc. (Any verifiable income)
  • Rental or Centrelink income only
  • Discharged Bankrupt > 2 years
  • Flex Doc – Accountants Declaration
  • Short Term Casual employment
  • Full Doc – Income to be evidenced via 2 pay slips and 3 months personal banking statements OR if Self-employed one year’s Tax return
  • > 12-month ABN

What our Ultra Clear customers are saying

I was able to buy out my family home after my divorce. MKM gave me a loan based on the income from my part-time job and child maintenance payments.

“Unlike some other lenders, MKM didn’t see it as a negative that I earn money from more than one job.”

Product Summary

Registered defaults

< $1,000 Ignored if > 2 years


Discharged > 2 years


Zero arrears
1 late repayment < 30 days allowed


Registered > 12 months

Maximum LVR

Maximum LVR: Borrow up to 85% of the property’s value

Minimum amount


Max Loan – 80% LVR


Maximum amount


Maximum term

30 years (subject to expected retirement age)

Minimum term

5 years

Interest structure

Principal & Interest OR Interest Only. Additional terms and conditions apply to Interest Only loans.

Repayment frequency

Weekly, fortnightly or monthly (Interest only is monthly)

Extra payments


Ready to take the next step?

One of our Business Development Managers will be happy to speak with you to find a solution that best suits your needs.