Anyone had dealings with Saphire Mortgages, Newby

Alan,

I have never heard of them…

One thing I can suggest is to look at the Comparison rate. For those who have not heard of a comparison rate, here is the speal given on the suncorp site to explain it…

“From the 1st July 2003, changes to the Uniform Consumer Credit Code (the “UCCC”) requires all Lenders to provide Comparison Rate information on their Home and Personal Lending products.

You can use the Comparison Rate to compare our loans to each other or with other Lending Institutions. The purpose of the Comparison Rate is to assist in removing the guess work when working out the cost of your loan, for the duration of an average home, personal or car loan.

The Comparison Rate calculation is prescribed by the UCCC. The fees and charges that are included in the Comparison Rate calculation, are only those fees that are known, or have been identified as payable under the loan contract. For example, Loan Establishment fee’s and monthly account keeping fees are both included in the Comparison Rate calculation, but Government Fees are not included as they are standard across all Lending Institutions.”

Hope this helps…

Victoria

Reason can answer questions,but imagination has to ask them. — Ralph Gerard

OK They are an originator using funds from Bendigo Bank.

http://www.sapphiremortgageservices.com.au

Very competitive rates.

I am sorry but I have had no experience with them.

Let us know how they go.

Simon Macks
Mortgage Hunter
[email protected]
0425 228 985

Hi alan_jay
I know these guys and would not hesitate to use them for your finance.

I’m surprised you havent heard of them, they advertise on morning TV and Ive heard their adds on the radio. (In Sydney but can’t remember what station)

Sapphire are mortgage originators not brokers.
They are the next level up from a broker without being a bank.

Their funds come from a wholly owned subsiduary of the Bendigo Bank.

Their packages are excellent as they offer low rates and unlimited free redraws, no monthly fees, 100% offset etc etc.

Often you get low rates or a good flexible package. These guys will give you both.

Good luck.

Rob [8D]