I had quite a good response to my last post on oz bargain. Updating things since cashback deals and some rates have changed.
Trying to keep the loan size as low as possible at 400k net of offset to help as many people as possible.
My real goal is to give as much good old fashioned service as possible and if i can help you out now i hope you will continue to use me as your broker into the future.
Ill post a selection of offers available right now from different lenders including comparison rates below. Ive tried to make this as accurate as possible.
Hidden deal - CBA - ive been hearing them offer 2.19% 2 year fixed rates for owner occupied after pricing escalations on their packages for new customer refinances sub 80% lvr. Ive had 2 occasions where my clients got this rate after putting in a pricing request and then escalating it. 2k cashback with cba.
Owner Occupied 2 year fix P&I - ING - 2.09% rate 3.77% Comparison rate
Owner Occupied 2 year fix P&I - ANZ - 2.29% rate 4.02% Comparison rate + 3k cashback from ANZ
Owner Occupied 2 year fix P&I - Suncorp - 2.29% rate 3.16% comparison rate + 2-4k cashback from Suncorp
Owner Occupied Variable P&I - ANZ - 2.72% rate 2.76% Comparison rate + 3k cashback from ANZ - redraw product
Owner Occupied Variable P&I - Bankwest - 2.73% rate 3.18% Comparison rate with offset - 2.68% for balance over 750k 3.14% comp rate
Owner Occupied Variable P&I - Suncorp - 2.78% rate 2.79% comparison rate + 2-4k cashback from Suncorp
Investment 2 year fix P&i - ANZ - 2.49% rate 4.53% Comparison rate + 3k cashback from ANZ
Investment 2 year fix P&I - Teachers mutual bank including emergency service workers & healthcare workers - 2.34% rate 4.05% comparison rate
Investment 2 year fix IO - ANZ - 2.69% rate 4.55% Comparison rate + 3k cashback from ANZ
Investment variable p&i - Suncorp - 3.08% rate 3.09% Comparison rate + 2-4k cashback from Suncorp
Investment variable IO - Citibank - 3.14% rate 3.19% Comparison rate
Ask me about any other lenders you've seen or want information on.
Current cashback offers from the major banks 250+k balance net of offset:
4k NAB Offer - is closed
2k St George
2k 250k balance to 750k 3k for 750k+ balance 1k extra for emergency workers Suncorp ie nurses doctors police teachers fire fighters medics
Sla’s: Time it takes to pick up a file - At the time of posting this: BUSINESS DAYS
ANZ – 17-20 days
NAB – 6-8 days
Stgeorge and Westpac – 15+ days - They are affected by covid-19 and had to shut down some sections of their credit assessment teams
CBA – 3-4 days
Suncorp - 6-8 days
ING - 1-2 days
Bankwest - 1-2 days
AMP - 1-2 days
Teachers mutual - 9 days - introduced auto pre approvals for purchases to bring down their sla's recently
1.Loan applications must be submitted between 02 June 2020 and 31 July 2020.
2.Loans must be drawn down by 30 October 2020.
My offer - $1000 for loans 400k+ loan balance net of offset
A little bio about me:
I pick up the phone most nights and on weekends. My wife is fine with it. Lending is my life.
Ive been in lending now for 10 years. 6-7 of those years were spent on a margin lending desk and as an in branch lender for Commonwealth Bank. The last 3+ years ive been a mortgage broker running my own sole trader company, ive got a loan support & just trying to keep the wheels turning during this corona virus.
Feel free to post a comment or contact me directly on the below details.
Business facebook page - https://www.facebook.com/AdrianPlayerFinanceBroker/
My first home buyers facebook group 280+ in the group - https://www.facebook.com/groups/1916779675065027/
Track record - Ive submitted 25+ files for oz bargainers in the past 2 months, 12 formal approvals booking in for settlement so far with all other files past pre screen document check with no issues sitting in queue waiting for assessment. 2 pre approvals for purchases including 1 settled. 1 withdrawn file due to a security property issue. Slow sla's are the reason half havent settled yet. Lenders are quite tighter in covid times but we are still getting good results.
1st big oz bargainer win - Client had a lender waste their time for 1.5 weeks of their settlement period with no idea where things were at. Deposit was paid already. I got them lodged in 2 days and formally approved with CBA in 1.5 weeks and settled on time in 3 weeks. Client has now referred his brother and family members.
2nd big oz bargainer win - Off the plan property about to settle contract price 850k big 4 bank valued it at 750k and wasted 3+ weeks of the clients time creating a short fall of funds. I used another bank i do a lot of off the plan for and the valuation came back on contract price. Saving the client 120k in funds to complete.
Adrian Player | Director
Adrian Player is a credit representative (498364) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237).