All Topics / Finance / St George – ‘Negotiated Basic Home Loan’ & ‘Basic Home Loan”

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of nitrodropsnitrodrops
    Member
    @nitrodrops
    Join Date: 2009
    Post Count: 132
    August 17, 2009 - 12:42 pm

    Hi All,

    May i find out what is the differences between the 2 loans

    1.) Negotiated Basic Home Loan
    2.) Basic Home Loan

    besides 'Negotiated Basic Home Loan' is 0.09% lower than 'Basic Home Loan'?

    Cheers
    Nit

    Profile photo of hydramaxhydramax
    Participant
    @hydramax
    Join Date: 2009
    Post Count: 47
    August 19, 2009 - 1:13 am

    Nitro

    All new customers with St George are able to apply for Negotiated Basic Home Loan. The idea is to attract new customers to the bank.
    The 2 loans are exactly the same. The 09% discount is for the life of the loan. For current customers to be able to apply they need to increase their lending and then they can convert to the Neg. rate. Just remember a basic HL has minimal features.
    But from my understanding it's there to attract new customers.

    Hydra

    Profile photo of nitrodropsnitrodrops
    Member
    @nitrodrops
    Join Date: 2009
    Post Count: 132
    August 19, 2009 - 8:26 am
    hydramax wrote:

    Nitro

    All new customers with St George are able to apply for Negotiated Basic Home Loan. The idea is to attract new customers to the bank.
    The 2 loans are exactly the same. The 09% discount is for the life of the loan. For current customers to be able to apply they need to increase their lending and then they can convert to the Neg. rate. Just remember a basic HL has minimal features.
    But from my understanding it's there to attract new customers.

    Hydra

    Thnx mate!

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.