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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
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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
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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
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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
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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
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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
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