Great Post! Couldn't agree more!!
It's a PITA also!
Getting questions like "a mate of mine just applied for a loan and received 4.1%"
Response "Whats the loan amount and LVR"
"No idea mate"
Non bank lender at 80% for rate???
There's a reason the big four dominate the market .... Better the devil you know.
With all my experience, I'd never put my lending with a non bank to save a few points!!
Agree Albanga, however the quoting price for this particular property was way off the mark and I knew this from the beginning. Another agent in the area that I know stated they should be reported as soon as the property was listed for that price
Attended an auction tonight in Essendon purely for research purposes. Barry Plant quoted $1.2 - 1.3m Sold for $1.615m.
Essendon Agents at there finest!!
Sniffer, if you really believe that an offset account is some type of scam, you need a lot more help than just a downloaded budget sheet from the internet!!