Our express product-update round up also features no-doc, first home and customer switching offers
Our express product-update round up also features no-doc, first home and customer switching offers
The Flexi First Home offer of a 0.49% discount for two years (a rate of 4.84%) will now continue until 31 December. The offer also includes no loan establishment fee, saving $600.
MPA 30 seconds is just that – an product round-up which will save you time, whilst providing vital business intelligence, every Friday.
1. Citibank slash variable rate for large loans
35bps cut to the Mortgage Plus Standard Variable rate brings it to 4.65% p.a., only for loans over $750k.2. Iden Leasing relaxes no-doc policy
‘Common sense’ no-doc policy now recognises most asset-backed classes, including catering equipment, security systems and gym equipment etc. $22,000 for one year’s ABN & GST registered clients, rising to $55,000 with two year’s registration.3. ANZ expand $1000 customer switching offer
Loans now only need a minimum $700k to qualify, if submitted under ANZ’s Breakfree package. Applications must be submitted by 14 November, and have some element of home loan refinance from another financial institution.4. ING offer 19bps cut on Orange Advantage Variable Rate
Non-major now offers 4.63% if certain criteria are met. New residential borrowings $1m or more; maximum 80% LVR, applications received by 30 September. Can be combined with ING fixed-rate products.
5. Westpac extend introductory variable rate offer
The Flexi First Home offer of a 0.49% discount for two years (a rate of 4.84%) will now continue until 31 December. The offer also includes no loan establishment fee, saving $600.MPA 30 seconds is just that – an product round-up which will save you time, whilst providing vital business intelligence, every Friday.
