Hi guys,
I have paid 10% deposit for my PPOR. Settlement is going to be on 11 Nov 09. My CBA contact refuses to give me more than the standard 0.6% discount off their SVR. (I am on the SVR with Wealth Package). She said my 720k loan is not big enough to justify further discounts.
Heard from a friend today that her broker is writing her an exact same loan but with 0.65% off the SVR. Her loan is only 480k.
Questions:
1. Is it too late to change to my friend's broker to get the exact same loan?
2. Are they going to valuate the property again? even tho it's same bank and same product
3. If I decide to change to using the broker, will there be any new hits on my credit file? How is it going to look to the CBA credit dept?
-Patrick
I have paid 10% deposit for my PPOR. Settlement is going to be on 11 Nov 09. My CBA contact refuses to give me more than the standard 0.6% discount off their SVR. (I am on the SVR with Wealth Package). She said my 720k loan is not big enough to justify further discounts.
Heard from a friend today that her broker is writing her an exact same loan but with 0.65% off the SVR. Her loan is only 480k.
Questions:
1. Is it too late to change to my friend's broker to get the exact same loan?
2. Are they going to valuate the property again? even tho it's same bank and same product
3. If I decide to change to using the broker, will there be any new hits on my credit file? How is it going to look to the CBA credit dept?
-Patrick