All Topics / Finance / Orange Advantage with 100% offset
At last, ING Direct launched their latest product
Orange Advantage with 100% product
I went to HomeBuyers Expo last weekend as they were promoting their productsAnyone got experience with latest their offset account??
Yes GoM only 3 years too late.
Being in the Uk on holiday must admit i havent seen much detail but would be interested to read up on it when i get back.
Richard Taylor | Australia's leading private lender
Interestigly, the interest rate is 5.89%
very expensiveHmm, expensive? Better do some more shopping I think!
DWolfe | www.homestagers.com.au
http://www.homestagers.com.au
Email MeYes had a feeling it wouldn't be on their mainstream product.
Richard Taylor | Australia's leading private lender
Yeah it is 5.89% however if you borrow over $300,000 then they give you a 0.25% discount down to 5.64%. There is a $199 p.a. fee with very low setup an exit fees. Personally I believe that over $300,000 this makes it very competitive however over $750,000 or so you can likely get a better discount elsewhere. The main benefit is that ING has fantastic service compared to the majors.
You can use any ATM in Aus and as long as you withdraw more than $200 at a time then ING will refund the ATM fee charged by the ATM owner. Overall it is quite a good loan.
anyone using this product at the moment??
thinking about using it for the next IPany advice?
Yes GOD must admit it isnt bad if the loan amount is enough.
Processing with ING has slowed a bit at the moment and you still cop their legal fees on each deal but all in all not bad.
Richard Taylor | Australia's leading private lender
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