This was posted 4 years 1 month 22 days ago, and might be an out-dated deal.

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Interest Rate 2.49% for Accounting Professionals @ MortgagePros

171
Interest Rate 2.49% for Accounting Professionals @ MortgagePros
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downtime on 08/03/2020 - 16:22 mortgagepros.com.au (385 clicks)
Last edited 08/03/2020 - 20:09

Saw this ad on FB: https://m.facebook.com/story.php?story_fbid=2509712199278712

No setup costs, no annual loan fees (edit: for loans above 500k), no LMI, max 90% LVR, possible lender's cashback.

For active members of CA, CAANZ, CPA, CFA, FIAA or IPA. No specific job title or income requirements.

Wish I hadn't been bored of the numbers to study accounting or maybe actuary.

Full spiel:

Practising Accountant, Finance Manager, Auditor or Actuary?

Then you may be able to access special discounted home loan rates as low as 2.49%!

You can also access a range of other benefits including borrowing up to 90% of the purchase price, no Lenders Mortgage Insurance and no annual loan fees.

What’s more, thanks to recent lending changes, you NO LONGER require a specific job title or income requirements!

Available for new home loans, investment and refinancing, you simply need to be
actively registered with CA, CAANZ, CPA, CFA, FIAA or IPA.

Take advantage of this spectacular 2.49% interest rate and reduced assessment rate today.

Click the link below for your free no-obligation assessment: http://www.mortgagepros.com.au/accountants-rate/

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closed Comments

  • kahn on 08/03/2020 - 16:25
    +3

    Mortgage Prostitutes? I thought they shut that place down.

  • [Deactivated] on 08/03/2020 - 16:38
    -1

    I'm not a practicing accountant. I've perfected it!

  • Homr on 08/03/2020 - 16:47

    how long will the Interest Rate 2.49% last for??

  • thushan on 08/03/2020 - 16:49
    +1

    …for everyone else, there's Athena Homeloans @ 2.59% (P&I) and they're awesome to deal with! 8 months with them now and loving their attitude to rates (dropped within 2hrs of the announcement by the RBA!)

    • ozzieozzieozzie on 08/03/2020 - 17:19

      What sort of home loan is yours? If you have redraw, will Athena eat it away over the term of your loan?

  • donbot on 08/03/2020 - 17:19
    +1

    Who's the lender?

    • bigbadboogieman on 08/03/2020 - 17:37

      The pros.. they've got money but don't know where to put it.

    • Bozman on 08/03/2020 - 18:25

      They're brokers, not lenders.

      They'll also pay all annual fees if the loan is >$500k. Pretty good deal.

      • ciab on 08/03/2020 - 19:14

        But it states in the description:

        No setup costs, no annual loan fees, no LMI, max 90% LVR.

        • downtime on 08/03/2020 - 20:07
          +1

          Bozman is correct according to the deal link, so I'll update. Sorry as I am not associated and can't be a customer of this offer, so just paraphrased their ad.

  • Paokara1 on 08/03/2020 - 21:44
    +2

    What's sort of post is this when the lenders unknown

    • Eggsperential on 08/03/2020 - 22:06

      Also states "as low as 2.49%"

  • em on 08/03/2020 - 21:47
    +1

    My loan with BankSA is 2.99% and once the reduction comes in on 17 March it'll be 2.49%.
    No annual fee as it's the basic variable rate.

    • Eggsperential on 08/03/2020 - 21:56
      +1

      The rba only reduced rates by quarter of a percentage point. How are you managing to get half a point?

      • thestig on 09/03/2020 - 06:58

        Perhaps not an accountant…

  • slix_88 on 09/03/2020 - 03:50

    Not sure if I trust FB ads but you should be able to get this (or close) via just a normal broker. I got 90% no LMI back in 2016 with Westpac. All they asked was for a copy of my FIAA certificate. I think most of the big banks offer the same

    • thirtysixd on 09/03/2020 - 09:16
      +1

      Most will waive LMI for up to 90%
      ANZ will go 95% for medico loans (so might do other professions too)

  • Bozman on 09/03/2020 - 07:22

    For those interested, on the back of this deal I decided to look around for other good deals. Everyone’s situation will be different but look at;
    Athena
    Tic Toc
    Macquarie Bank

    Tic Toc look the best as have good features and zero fees, and a good interest rate.

  • thirtysixd on 09/03/2020 - 09:14

    How is this even a deal?

    There is no mention of offset/redraw
    Fees
    Fixed or variable
    Interest rate is from 2.49% so could be something silly like 60% and is probably not 90% LVR

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