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Mortgage Ezy has launched a new fixed rate fee-free product as part of its ongoing strategy to support brokers with competitive alternatives to bank products.
The YZ3 Fixed Solution features zero application fee, zero valuation fee and no ongoing fees at a one year fixed rate of 4.19 per cent.
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It follows the launch of the lender’s YZ3 Variable Term Loan in February, which also features no fees and a variable rate from 5.29 per cent.
Garry Driscoll, Mortgage Ezy CEO, said the lender had made some aggressive changes to its products to fit “hand in glove” with the transaction based models of its broker partners.
“Mortgage managers are prepared to truly partner brokers to help them grow their business as opposed to the major banks who appear to be only concerned about their own profitability,” he said.
