Why do I stay?. Well the last purchase involved me leaving them but they undercut IR of everyone to hold my business. Set up as permanent discount I pay 5.03 variable across all my loans.
.
very standard 2 faced NAB stuff, and often they ask for the borrower to get an offer from a broker - then we can beat that.....
The challenge for many borrowers, one day the cheaper rate will come home to roost in other ways
If Borrower As primary reason to use lender X is rate and fees, then Borrower A has only a "hope" strategy in place tocontinue to build a portfolio
Hope is an OK strategy for borrowers with just a ma n pa home loan, or a borrower in consolidation phase ( though often the convenience and price thing doesnt become a problem until consolidation, and then it REALLY bites)
ta
rolf
ta
rolf