This bank can lend me more money than the big banks. How is this bank, anyone has experience with them before?
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This topic was modified 8 years, 6 months ago by
Bella.
Just google it, the review doesn’t look too good.
https://mozo.com.au/rate-and-review/firstmac/home-loan-reviews
‘lend’ not ‘borrow’.
Firstmac have been around for years. not a lender that I have ever used in the past 10 years, but they used to be good for servicing. Not sure if this is still the case or not.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Thank you Terry, haha.
Their servicing has fallen off quite a bit since 12 months ago – plenty of lenders which have much better borrowing capacity than them. We generally don’t use them as we’ve found lenders which have a better mix of good policies for investors which allow them to keep growing their portfolio, strong borrow capacity and pricing.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
I used them first in 1994 when Kim Cannon set up Nationale.
Couple of name changes later and Firstmac have just recently issued a 500M RMBS.
We haven’t used them for a few years since they changed their servicing model.
Can’t think of any real niche’s they have to offer.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
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This topic was modified 8 years, 6 months ago by
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