Thought I would share this with all of you:
I walked into a St George branch today inquiring about pre-approval for a new loan and the loan officer gave me 1% off the standard variable rate just like that. I was a bit shocked to be honest. I asked if she can give me the same discount on my existing loans she said she'll work on that. Fingers crossed.
The new borrowing will take me just above 1 million in borrowing. I remember reading a very popular thread here on rate discounts ppl were getting and from what I recall some ppl with bigger loans than me were only getting 0.9x discount.
I realise you can find better rates than what St George is offering from a smaller lender and I will look into them. I just didn't expect St George to be so 'generous'. Unless this is the new norm that I didn't know about?
I heard Westpec is the least negotiable of the big fours and I expected St George to be the same.
Anyone got a comment or experienced similar things?
I walked into a St George branch today inquiring about pre-approval for a new loan and the loan officer gave me 1% off the standard variable rate just like that. I was a bit shocked to be honest. I asked if she can give me the same discount on my existing loans she said she'll work on that. Fingers crossed.
The new borrowing will take me just above 1 million in borrowing. I remember reading a very popular thread here on rate discounts ppl were getting and from what I recall some ppl with bigger loans than me were only getting 0.9x discount.
I realise you can find better rates than what St George is offering from a smaller lender and I will look into them. I just didn't expect St George to be so 'generous'. Unless this is the new norm that I didn't know about?
I heard Westpec is the least negotiable of the big fours and I expected St George to be the same.
Anyone got a comment or experienced similar things?