Has anyone experienced as an ANZ Private Customer?
Does it get an advantage over a better disc rate with homeloan?
Does it get an advantage over a better disc rate with homeloan?
ANZ Private Customer
- Thread starter God_of_Money
- Start date
U mean will u get a better effective rate ?
ta
rolf
ta
rolf
Simple. No. ANZ Private does not discount on rates. You'll get the standard 0.70% and nothing more.
They have more experienced bankers and credit is better (easier to get the loan approved). However, it very much depends on the person you deal with - like anywhere there are good and bad people. The 'Private' name doesn't guarantee consistency.
My advice is if you call your bank/banker regularly (say 3 times a week or something like that), you'll get value out of Private. However, if you rarely call on your bank, other channels will give you a lower cost.
They have more experienced bankers and credit is better (easier to get the loan approved). However, it very much depends on the person you deal with - like anywhere there are good and bad people. The 'Private' name doesn't guarantee consistency.
My advice is if you call your bank/banker regularly (say 3 times a week or something like that), you'll get value out of Private. However, if you rarely call on your bank, other channels will give you a lower cost.
We managed to get a .80% discount from ANZ through our mortgage broker, ... not a lot extra, but when you have quite a few IP's it certainly helps.
Yes, branch and broker channel will discount. My comments only relate to Private Bank.
Rolf, Yes.. I mean the % discount from variable rates (i.e. lower effective rate).
I got a 0.85% disc with ANZ breakfree package last month on home loan < 1 million.
Has anyone be able to get 1% disc on the loan with ANZ?
The reason why I throw in this posting is to get an opinion. I am going to attend a conference next 2 weeks sponsored by ANZ Private.
I got a 0.85% disc with ANZ breakfree package last month on home loan < 1 million.
Has anyone be able to get 1% disc on the loan with ANZ?
The reason why I throw in this posting is to get an opinion. I am going to attend a conference next 2 weeks sponsored by ANZ Private.
We have 0.9% disc with ANZ on 800k of borrowings.
That said speak to one of the quality brokers on this forum as I am sure they can get you the same effective rate with several banks if that's all you are interested in.
bevo
Not meaning to be arguementatbut PB will offer more than the 0.70% as stated. They can be reasonably aggresive but I've found they offer nothing more than a well presented pricing request from a MB. To clarify, that's not until present when ANZ aren't pricing for the broker network due to volume overflow. I hear that this will change again within the next week or 2.
