HAHAHAH is banker trying to sell you a loan from the big four. <moderator: delete abuse>. when you say that  there's not many creditable lenders out there that will beat NAB, ANZ or CBA on rates / fees etc. most non bank, credit union or building societies  will beat  any of the big four on rates, fees and everything else, which is the reason no…[Read more]

Aperry what factors are you speaking off. If its the fact that real estate experts keep talking about an undersupply in australia. Well in case you and all the other sheep dont realise, that is all propaganda to keep them in a job. In 2006 and 2007 they where saying the same thing in america and in uk. They where saying they have an undersupply of…[Read more]

If you can secure a good price on a property that will deliver good net yields then i mwould go for it but i would want to secure a price that is at least %20-30 discount because i beleive that is how much they will come down within the next few years. SO if u can secure that price and get a tennant in there for a few years paying a good rent then…[Read more]

I know ur not having a dig at me personally banker and im not taking it personally. I actually like this converstaion because i like to hear and read other peoples opinions. I know that the majors have some loans that will be better at someting than non banks but what i dont agree with is when u say non banks and  credit unions are all a rip off…[Read more]

Further more i find i really amusing that CANNEX have rated ratebusters loans and the best loans in the country but yet u say they are not. SO your saying that CANNEX doesnt know what they are talking about.

Here is just a few fees associated with commonwealth bank introductory rate loan. You have to dig a lit further if u want to find the exit fees. So your starting to see that all the majors charge the same fees as the non banks and in some cases more fees. Rate Lock (only available on 1 Year Guaranteed Rate) There is a $750 fee for each Rate L…[Read more]

BANKER please stop it. Here is your NAB recommendation. This is just the early exit fees that u keep talking about that only exist with non banks. Well here is your NAB recommended loan and down the bottom this is what it says. Now you tell me is this not similar to the rate busters, mortgage house or any other non bank lloans. Please stop blowing…[Read more]

Banker you know that the only reason nonn banks stopped lending was because the wholesale lending stopped so they couldnt tap any money to finance and lend to customers and that the only reason the majors gave cheaper rates during the crisis was so they could get more of the market. In other words get them while they are down and then lift rates…[Read more]

And im not sure about MH almost going broke. I know that the ceo was taken to court over some money owing to a former partner but it was all cleared from what i heard.   Banker answer me this. If these non banks or credit unions are so bad then why did most of them get bought out by the majors during this GFC. They wouldnt buy something if it w…[Read more]

why wouldnt the existing customers get the same as the new. all they have to do is refinance. …….Look ive looked over most the lenders rates and fees and i can see alot more non bank and credit unions offering better loans. most majors have higher rates and have some fees involved if u want all the spiks and speks that most non banks and…[Read more]

LOOOOL i can tell u work for a major bank. We all know that the only reason most of those non bank lenders stuffed up was because of the GFC. If ur talking about exit fees then just look at the major 4, if u want to see higher rates just look at the major 4. All u have to do is have a look at resi, Mortgage house and a few more to see how much…[Read more]

well then maybe its good time to go for a non bank lender. They always have better deals

Hey everyone.Look anyone that says we arent heading for some really tuff times is only kidding themselves. Yes u can still find some bargains out there like catalyst did but they are far and few between. If u can find a bargain with good rent returns then take it, only an idiot wouldnt take it regardless of world conditions. Dont buy it expecting…[Read more]

speaking of rental subsidies and grants. What are the rental subsidies and grants on offer in each of the states of australia? Which state offers the better deal for investors? I heard that qld offers up to $10000 a year on subsidies for investments properties. Does anyone know how it actually works.   Thanks

is this just an iphone application. I just hate anything apple so was looking to get a samsung or lg smart phone which also has apps but wanted to know if this was available for it as well. I might just have to bite the bullet and get myself a monopolised apple product

hey dwolf. Yeah the reason i didnt buy in 2001 was because i was young and stupid because if i had bought in gold coast back then it would be worth almost 2.5x what i would have paid and the rent would have been more than enough for me to purvhase another one. Not to worry ive learnt alot in the last 10years and i am hoping to begin my property…[Read more]

Im currently in the building industry and i can see what is going on in the developers minds. They simply arent building because they arent selling. in 2009 and early 2010 most of the people  buying where foreign investors who would pay anything for a house but now the government has put  laws in place to stop them from over paying and shutting a…[Read more]

LOOOOL what i see here is investors who purchased properties in the last 10 years. The last 10 years have been unprecedented, they will not happen again for another 20 yers or more. The reason for this is because prices of properties compared to peoples earnings are almost double what they should be so people can not afford to buy. Further more if…[Read more]

Hey Greg Reid. i think your model of a service fee upfront and then a refund on the commission is a really good strategy, this way the client and urself make money and no one losses. the problem is that banks might start to not offer the upfront commission and then the client will suffer but none the less i think your model is really good.

hey mortgage detective if bank ceo's didnt get paid millions of $ in bonuses then they could make the interest loans cheaper nd the borrower would get better deal. Your argument is tottally thoughtless. Without the commissions brokers get there would be no brokers thus there would be no better deal for borrowers. If tradesman didnt get paid for…[Read more]