The RBA has found that NEW to bank customers are being offered 0.50% lower interest rates on variable loans than EXISTING customers interest rates.
That is a $2,500 saving in interest on a $500,000 loan over a 12 month period. This substantial saving is being offered to NEW to bank customers in this competitive market.
Lendtribe has been assisting clients with EXISTING loans to achieve these lower NEW to bank customer interest rates by reviewing their lending.
Peter Oates our Senior Adviser is a CFP and MBA qualified Finance Expert with over 15 years experience and will work with you to achieve your goals.