Get notifications in real-time for staying up to date with content that matters to you.
Staff Reporter
Proving competition among lenders is still alive and well, one26 mortgages has announced it will prolong its 10 basis point rate reduction special offer.
Originally intended to expire this month, the 10 basis point rate reduction promotion will now apply to any Adelaide Bank loan that is settled before 31 December 2010.
With no ongoing annual fees, minimum loan amounts of only $50,000, 100 per cent offset account and a linked LOC Visa card available, One26 mortgage’s Marty Whitby said the company’s standard variable was now a genuine competitor to the major’s Pro Pack offerings.
“We offer brokers much higher commission rates with no volume, quality or any other hurdles. Our upfront commissions are paid at settlement and trail commission is monthly from settlement,” Mr Whitby said.
ASIC’s raised industry funding levies reflect higher enforcemen...
Construction and retail trade have fuelled business loan growth i...
The majority of Australian borrowers think applying for a home lo...
Join Australia's most informed brokers
Do you know which lenders are providing brokers and their customers with the best service?
Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
What's the longest time you've been left on hold before getting through to a credit assessor?
