What do you all think about Unloan? At 4.44% it's the lowest we've been offered for something with an offset.
But it's tied to Commonwealth so I'm just a bit unsure, not that Macquarie (our current lender) is much of a small bank anymore.
Are there any catches?
Just want some opinions before I put my signature on the approval.
Seems like Athena is good during rate cuts cycle with their auto-matching RBA , whilst not so competitive when passing on every rates rise on the way up?
Would you change to HSBC now?
They're offering us a bit higher than Unloan.
why did you leave Athena?
when rates go back down, the auto rate match feature will helpful wouldn't it?
when rates go back down
Yeah , refinance back to Athena when that happens.
I moved from Athena to Unloan, ended up paying less and reducing the term too
Maybe , that's the obvious reason given right there?
when rates go back down, the auto rate match feature will helpful wouldn't it?
ill worry about that when they go down. but for now, they are going up and I'm minimising my loan expense.
i left because its a better rate, reduced the years from 28 to 26 and ended up being a lower amount each week.
I had the worst experience with Unloan. Specifically settlement for a straight forward refi. Loan approval was easy as and even the desktop Val was spot on.
Just not being able to talk to anyone apart from their chat team when they are open.
Missed my settlement twice. They have nothing to do with CBA and even if you go to a CBA branch they have no idea what Unloan is.
we have 6 digit BSB's
to populate them all we need more chaos.
As a CBA customer I do get swamped with Unloan junk mail!
Never got asked if I wanted junk mail!
Unbelievably, Unloan seems designed purely to retain regular Commbank customers looking to refinance - it's not open to new loan applicants.
So they basically use Unloan to stop people leaving Commbank, keeping uncompetitive rates for those lazy enough not to shop around.
was pretty easy for me, I moved from Athena to Unloan, ended up paying less and reducing the term too
hsbc has the same rate depending on LVR and you get a cash back too