I made $3000 today..ask me how

[twobobsworth]

Okay not made, but interest saved.

All thanks to Marty McDonald (Mortgage Experts), one of the good brokers on this forum.

He has arranged an additional discount on some of my existing loans, resulting in a $3000 saving on my yearly interest.

No return for him but I thought is definitely worth a plug!!

 

[Cherry Pro]

A dollar saved is a dollar earned !

Well done 2Bobs + Marty ...way to go

 

[datto]

So twobob, you obviously saved a quid lol

A bit of negotiation I take it?

 

[Rolf Latham]

even better if a part of that is PPOR interest.................

ta
rolf

 

[Peter_Tersteeg]

Lenders are competitive at the moment. We're negotiating hard on every deal and we're going back and renegotiating older deals as well.

 

[redwing]

Don't forget "A Dollar Saved Is Two Dollars Earned!"...well it's more than a dollar earned anyway, as you have to pay tax or earnings

 

[Marty McDonald]

"Which bank" are absolutely giving away free money at the moment, you don't even have to speak to a person just plug in a few numbers and out she spits the new discounts.

 

[Brady]

"Which bank" are absolutely giving away free money at the moment, you don't even have to speak to a person just plug in a few numbers and out she spits the new discounts.

It's crazy, literally click of fingers and discount. And discounts aren't small either. I've done 155 pricing requests in bit under 3 months.

 

[VaSSagO]

I had almost given up getting further discounts after the last couple of times the customer retention team couldn't do anything (said I was already on a better rate that they could do).

Mentioned it to my broker (Jon Mardell) and got rate reduced within 24hrs and he is confident of getting it further reduced with the next loan application.

 

[BLTN]

Impressive!

I always wonder whether I'm getting the best deal on my mortgages.

 

[Blacky]

Brady et.al.
What sort of discounts are we talking?
I'm on .90 at Cba - can I get any more off this?

Cheers.

Blacky

 

[Peter_Tersteeg]

Brady et.al.
What sort of discounts are we talking?
I'm on .90 at Cba - can I get any more off this?

Cheers.

Blacky

Probably, but depends on total lending and the LVR.

I was chasing up some discounts for a client last week with the CBA, I decided plug my own deals in and got an additional discount for myself.

 

[Marty McDonald]

under 80% LVR? minimum 1.00%

 

[VaSSagO]

Brady et.al.
What sort of discounts are we talking?
I'm on .90 at Cba - can I get any more off this?

Cheers.

Blacky

I started off at 0.8% or 0.9% discount and now on 1.25% discount at StG, so now at 4.74%. This was incremental over time, getting 0.1% each time until this time which I got 0.05% (getting harder I think as the discount gets bigger).

Wanting to get 4.64%, hopefully will happen with the next loan application.

 

[Brady]

Brady et.al.
What sort of discounts are we talking?
I'm on .90 at Cba - can I get any more off this?

Cheers.

Blacky

Shoot me PM

 

[Jamie M]

Shoot me PM

RIP Brady's inbox

Cheers

Jamie

 

[D.T.]

RIP Brady's inbox

Cheers

Jamie

RIP everyone's trails when Brady refi's everyone.

 

[Jamie M]

RIP everyone's trails when Brady refi's everyone.

Maybe the brokers that don't look after their clients...but that's their prob.

Cheers

Jamie

 

[Brady]

RIP everyone's trails when Brady refi's everyone.

$0 benefit for me to refinance existing borrowings. Be a waste of everyone's time. If it's not in the clients best interest won't be doing it.

 

[onion33]

I spent money refinancing from westpac 4.96 to Macquarie 4.84 and now banks are just giving that away. i feel stupid. what rate should i ask Macquarie to match?