Not getting much love from the broker - he thinks the bank will go to 4.45% if I come back to 80%. Says the sharpest rate he's seen from CBA is 4.45 on $3M loans.
Any advice on how to proceed from here?
move branches : )
ta
rolf
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Not getting much love from the broker - he thinks the bank will go to 4.45% if I come back to 80%. Says the sharpest rate he's seen from CBA is 4.45 on $3M loans.
Any advice on how to proceed from here?
Not getting much love from the broker - he thinks the bank will go to 4.45% if I come back to 80%. Says the sharpest rate he's seen from CBA is 4.45 on $3M loans.
Gosh, he mustn't get out much! I got 4.4% from CBA for a client a week or so ago, with about $850k @ 80%.
There was new money involved though, that always helps.
Hi - thanks. When they look at total lending do they take into account cash in offset accounts? If they included that it would be under $1M but total loan size definitely over.
Any advice on how to proceed from here?
Hi - thanks. When they look at total lending do they take into account cash in offset accounts? If they included that it would be under $1M but total loan size definitely over.
Not getting much love from the broker - he thinks the bank will go to 4.45% if I come back to 80%. Says the sharpest rate he's seen from CBA is 4.45 on $3M loans.
Any advice on how to proceed from here?
Got 4.47 with ANZ yesterday which I'm happy with as it was 5.03 before adding the new loans.
4 loans over 3 IP's, one is still fixed at 4.99, total loans 740k with 80% LVR
I've got $1.3 mill with St George at 74lvr and I'm on 4.54 stupid dragon
What!!! I've got $1.3 mill with St George at 74lvr and I'm on 4.54 stupid dragon
What!!! I've got $1.3 mill with St George at 74lvr and I'm on 4.54 stupid dragon
Burned by the dragon
Have you negotiated recently or is that just a legacy rate? Might be worth having a chat with them if you haven't recently, they might surprise you. Definitely speak to your broker about what else is out there too - if St G think they might lose you they may be willing to play ball.
Tell them CBA will do 4.4%.
Hi everyone yes I dealt with them recently about a month before the last ir cut... hmm some of them are line of credit which is why they told me I couldn't get further discounts across all of them. Definitely going to go where its cheaper I want to retire as soon as possible
Hmm kind of in between brokers ATM although iam looking to purchase a property very soon. Could I get a broker to do the haggling before the application or would it work better during the application? Thanks
Hmm kind of in between brokers ATM although iam looking to purchase a property very soon. Could I get a broker to do the haggling before the application or would it work better during the application? Thanks
Hmm kind of in between brokers ATM although iam looking to purchase a property very soon. Could I get a broker to do the haggling before the application or would it work better during the application? Thanks
I tend to get the pricing approval for the whole deal beforehand and submit it with the application. That way, if the offer comes back too pathetic you can escalate it without having the application already lodged.
before wherever possible, before has more power
I take it you're putting in the initial pricing request with a dummy number, then go back and re-apply for the pricing once you've got the actual application number? I've found a couple of emails with the BDM or pricing department (depends on lender) gets a good result if you use the email as evidence of pricing when you lodge the application.