How much are you owing APK? That will have a bearing on any possible discounts.
So let me get this right,
I am in the process of getting a loan of about 500K. I already have a loan of about 145K.
They will all be with ING. I am going through a broker (Smartline Home Loans). So is it right that i can negotiate a better rate than the broker is qouting me?
If yes do i bargain through the broker or the bank directly. If this is the case how come the broker didn't tell me? Does he get more commission or something?
Have 250k loan on my PPOR (60k in offset account, brings down to 190k)
40k in equity loan.
I reckon my PPOR is worth more now, similar property in the street sold for 380k last christmas.
Thinking of talking to westpac mortgage guys for a better discount, like to have a chat with other 3 banks for better deal.
I would like it to be this way for the new loan / refinance. 200k loan on PPOR, 120k to 150k equity loan to fund my 1st IP and investing in share.
I get 85bp off the standard variable with WBC under their professionals package. I get two offset accounts which I use extensively with about $200K-$250K in them at present. My total lend is quite a bit more than yours though so contributes to this discount.
Mine is pretty much the same as Micheal's above, except that I get .9 off the standard, again with Wpac. I will also add that I have several times the amount that you are offering them under finance.