Monthly Archives: September 2011

Rate Discounting Gathering Pace

Recently I posted an article with comparison tables on cost of loans for both small <$250k and big >$1 million deals.  http://www.peachhomeloans.com.au/mortgage-news/2011/09/mortgage-rate-discounting-very-common Rate discounting is hot – with lenders BDM’s crying foul over the antics of CBA and ANZ.  However … Continue reading

Posted in Interest Rates | Leave a comment

Macquarie

Macquarie Bank Mortgage Solutions came back into the home loan market in 2010 and they now offer some competitive products. They (Macquarie Mortgages)  pulled out of the mortgage market during the GFC and so they have a credibility gap to … Continue reading

Posted in Lenders and their policy | Leave a comment

ING Direct

ING are regularly rated amongst the highest lender in customer satisfaction surveys and I can state them in my 10 years experience I don’t remember a single justifiable complaint.  They have historically been one of the very few lenders who … Continue reading

Posted in Lenders and their policy | Leave a comment

Heritage Bank

Heritage have had a rocky relationship with many brokers over recent years as they worked their way through the post GFC era.  But it now appears that Heritge are back in the game and playing first grade with a new … Continue reading

Posted in Lenders and their policy | Leave a comment

St George Bank

St George are a wholly owned subsidiary of Westpac however they maintain distinct products and many distinct and unique policies – although they are not as adventurous as they were in the pre-Westpac days. Like all of the major banks … Continue reading

Posted in Lenders and their policy | Leave a comment

Suncorp

Suncorp are a something of a conundrum for many brokers – they have the potential to be a real contender but….  They managed to squeeze through the GFC and understandably came out of the process with some restrictive policy although … Continue reading

Posted in Lenders and their policy | Leave a comment