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Some pretty good fixed rates around at the moment for anyone who's looking... 6.39% for 1,2 or 3 years at ING. Reverting to 7.12% variable 6.44% for 3 years at ANZ 6.29% -reverting to whatever your relevant variable discount is (for most people its 0.7-0.8%, so about 7-7.1%, or 6.8% for the...

6 months ago, 85bpts - 1% discounts were something to shout about. Now? seems you're doing yourselves out of a lot of dough when you an get 6.58/6.59. Seems unusual that so many investors on this forum would continue to post about obtaining discounts on products that are simply uncompetitive...

Huh? There's a 5 year RBA rate track guarantee on the loan... what are you talking about???? Even if you get 1% off CBA or Westpac with zero fees, you wont get within a bulls roar of either 6.58 or 6.59% with no fees. And need I remind you the only two lenders who raised rates 45 points when...

I said that- there are a few lenders who are great for investor serviceability. No argument on that. But none of them get close to these online deals on rate. I agree the UBank product is light on features but that shouldnt be an issue for most investors. If it is an issue, loans.com.au's offer...

what do you mean by a "cash out option" not being available with UBank? I ask, because UBank allows 100K cash out.

Well I just wrote in my previous post that loans.com.au assesses all existing repayments at "actual" repayments, with no loading. Also said in that post that I can't say what UBank does- the waiting time to get through was horrendous. I guess that means they are getting an awful lot of business...

scooby is right on all five points. No relation to me by the way, Bradsdad... To add to Scooby's points; Maximum Loan size is 750K but there's no limit on the number of loans (They'll do $2.5 million per borrower, but the website doesn't say that- to be fair- but which banks does???) Let me...

From what I can see- what limitations? 80% LVR @ 6.58%, or up to 95% @ 6.69%.. Offset, kitchen sink, tracks the RBA rate for 5 years, no fees...no exit fees. Did I miss something? What Limitations? Cant see how this is a "limited" offer or product in any way?? Seems it has an awful lot more...

Yep - agree, and so on and on.... I guess I just wanted to make the point that lending doesn't begin and end with Westpac and CBA and there are lots of alternatives which offer equal or often better value ( rates, borrowing capacity and fees -wise, I mean) .. and of course diversity of lenders...

It's really dangerous to leave all your loans with one lender for the sake of 5 or 10bpts. You are handing that lender complete control of your borrowing capacity. Also... anyone familiar with the "all monies" clause???

sometimes I wonder whether people read the threads before they post :) You can get better than that at UBank with a 50K loan minimum !!!!

UBank is funded by NAB but its not NAB- its UBank. Can you get 6.59% from NAB? :) If you dont need an offset, its definitely the hottest rate around at the moment. CBA is "better" than loans.com.au? Hmm... this is where the word "better" needs to be explored. Better rate? Better service...

I should also mention - many of you seem to be forgetting that the lenders you keep mentioning. ie CBA and Westpac, have hiked rates outside RBA movements more than once in the last 2 years. They are also the most exposed to offshore debt for their lending, and the ratings agencies are making...

UBank - 6.59% Game, set and match?

Not sure what bank margins have to do with it Sparticus??? The banks have made it pretty clear they see continued upward pressure on their funding costs... so I dont see them dropping their Standard Variable Rates anytime soon, if that's what you meant? Is there a bank CEO in the land...

All these 0.9-1% discounts are fantastic on paper, until they lift their SVR 15, 20 or 30 points more than the RBA with the next RBA increase, or pass on 10 of the 25bpts discount on the next RBA reduction, like they've already demonstrated their enthusiasm and willingness for, more than once...

www.loans.com.au