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Fast turn around time. Quick pre-approvals!
owner occupier
Does the cba have offset for fixed rate too? mad
100% offset on fixed rate loans is definitely a special feature
CBA is not the cheapest either. you can get 1.79% with 4k cashback for 2 years fixed
where?
1.79% with 4k cashback for 2 years fixed
Is this from westpac/bank of melb (they're the ones offering $4k cashback but no offset)
isn't westpac offering $3000 and st george offering $4000.
I'm no expert, but the 100% offset feature will most likely beat out most of the other major banks offers who generally offer only 40% offset on Fixed rates. In fact it looks like the loan you linked states "No interest offset account or access to a redraw facility is available while you're in a fixed rate period".
Lot of variables to consider that may benefit people more or less.
If you can find a cheaper fixed rate home loan with 100% offset - please post it. Otherwise not a a valid neg…
So your telling me your company put $192.8 million into communities in 2020?
All the big companies that pay tax support local communities. Every tax payer supports local communities without even realising it.
They would also do this on top of their other initiatives right?
@Wizard: You're really not making a coherent point. This company is putting $x amount into local communities and you're comparing them to other big companies who pay taxes, which this company does too, with no mention of comparisons to what the other big companies put into local communities?
We recently signed up for 3yr fixed with Bendigo Bank due to the 100% offset account, we know we will be making significantly more payments than the minimum per month and the offset account allows us to do this without break fees getting involved.
they part own tictoc.com.au loans which is cheaper than this lol
Probably similar to how Telstra own Boost but is more Telstra service is more expensive.
They have an off-shoot online-only company that is more targeted at millennials and is cheaper due to less overhead but doesn't have to same level of customer service or familiarity of brick and mortar stores.
Telstra don't own Boost though, and never has: https://community.boost.com.au/t5/Setup-Phone-Support-Knowle…
Telstra's budget brand is Belong though.
I stand corrected, I was thinking of Belong.
Can you point me to where they part own TicToc? My understanding was that while Bendigo and Adelaide Bank are funders for TicToc (similar to Well Home Loans and others who are funded by Bendigo/Adelaide) and are partners using TicToc technology, I've not seen anything that indicates they actually own a stake in TicToc.
Brokers HATE when the banks undercut them by going direct to home owner so it's not yelled about or brokers will protest by not writing loans to the mother bank.
the info is out there, pay for the share registry if you wish.
Our loans are funded by the good folk at Bendigo and Adelaide Bank, who are long-time friends of the business (and a shareholder). With a Tic:Toc home loan, you become a Tic:Toc customer.
Thanks! Always interested as to who has a stake in who :) I missed that on their about page when I was looking at TicToc last time.
Bank Australia 1.95% fixed for 3 yrs for <60%LVR including full offset account. OO or Inv.
Link?
This seems like a great offer for a brick-and-mortar bank but little love from the Ozbargain community, what am I missing?
It's a great offer for brick and mortar but not a great offer overall.
I am on 1.89% fixed with a 100% offset. That extra 0.1% over the life of the loan is significant savings.
Through who If you don't mind me asking?
Interested to know as well. Tic toc?
Yeah it was tictoc. Really easy to deal with And set up the morgatge.
We went with Bendigo on this product (though a few months back at 2.19) because:
1- LVR just on 80% meant we weren't able to get the headline rates at the time
2- 100% Offset allows savings to do that little bit extra work.
3- It was a construction loan which allowed us to…build.
There were other products that were cheaper but we would have potentially just miss out on valuation depending on how conservative they were and we would have missed out on those little bits from the offset.
Happy with it overall, even if the timing of things was a little skin of our teeth because the loan manager was chaotic good.
Do you offer any incentives (e.g. waiving or covering application fees etc.) for people to refinance from another bank to Bendigo?
O/O ???
Sorry, i dont understand !
Your title is confusing, although i guess it is related to home loan
Your rate is not as good as other bank, some banks are even lower than your 2%
CBA 1.94% PLUS $2000 cashback
https://www.commbank.com.au/home-loans.html