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  • Profile photo of bucko666bucko666
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    @bucko666
    Join Date: 2010
    Post Count: 10
    November 24, 2011 - 9:10 pm

    Thanks for all the info guys. As I said, I have no intention of moving (although the ANZ deal did have me thinking) it was more an exercise to see if I could squeeze any more discount out of Westpac.

    Probably an hour and a half of my time all up and I’ve managed a 0.1% discount which will save me around $400 in the first year alone. Pretty happy with that

    Thanks again.

    Profile photo of bucko666bucko666
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    @bucko666
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    Post Count: 10
    November 24, 2011 - 1:51 am

    Alrighty, Westpac have increased to an offer of 0.9% discount and will get back to me later today or tomorrow.

    Pretty happy with that.

    Profile photo of bucko666bucko666
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    @bucko666
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    November 24, 2011 - 1:34 am

    Thanks guys.

    This might be a bit of a silly question, but here goes;

    A broker organised the original Westpac loan for me. Should I speak to him about changing ?? Or will his commission be reduced or cut by changing providers ??

    I don’t mind if he organises the new loan for me If I do go with ANZ, but I want to be confident my interests are at the forefront and not his commission !

    Profile photo of bucko666bucko666
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    @bucko666
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    Post Count: 10
    November 24, 2011 - 12:19 am

    I’ve spoken to CBA, NAB and ANZ about what they can offer.

    CBA and NAB were both 6.76%, however ANZ blew them out of the water and offered 6.65% (0.9% discount) and package fee of $395 waived in the first year.

    Ill put that to Westpac today and see what they can do.

    Profile photo of bucko666bucko666
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    @bucko666
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    November 17, 2011 - 9:11 pm

    Thanks Jamie, I really don’t intend on switching but I want Westpac to think I will to get the best possible discount.

    From what I’m hearing what they’ve offered is pretty good so I guess my original question still stands – should I go with the .05% or take the $395 and “have a great night out” as the guy said ?!?!

    Profile photo of bucko666bucko666
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    @bucko666
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    November 17, 2011 - 6:58 pm

    I didn’t pay LMI due to having a guarantor.

    Does this help my cause much?

    I think I will ring CBA and see what they can offer. If its better, then I will use that in my negotiations

    Profile photo of bucko666bucko666
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    @bucko666
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    November 17, 2011 - 10:32 am

    Westpac

    Curious as to why you asked that Richard, are some banks easier to negotiate with than others ?

    Profile photo of bucko666bucko666
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    @bucko666
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    August 11, 2011 - 3:42 am

    Thanks guys, that answers my question.

Viewing 8 posts - 1 through 8 (of 8 total)