National Finance Corporation – Mortgage Broker

August 5, 2011

Non Genuine Savings 95% LVR

Filed under: Bank,First Home Owners,Genuine Savings,mortgage insurance,Non Genuine Savings — warrenschrodter @ 1:36 pm

Major Australian Bank has reintroduced non genuine savings to Loan Valuation Ratios of 95%. This means borrowers (subject to credit approval and normal underwriting criteria) may not need to prove any savings as required by most lenders. The 5% deposit may be gift or sale of some secondary asset. The only condition is that the 5% deposit is not a loan.

This is great news for first home buyers and for borrowers who are rebuilding and have not had the chance to meet the genuine savings requirements.

Call National Finance Corporation on 07 3356 8132 or email info@nfc.com.au for more information.

March 23, 2011

Commonwealth Bank Discounts

Filed under: Bank,CBA — warrenschrodter @ 11:45 am

Commonwealth Bank Loan Valuation Ratios (LVRs) and Discounts

The Commonwealth Bank now offers a LVR of 95% (97% capitalised) for new and existing customers for all home loans and Top Ups. We are also offering discounts for loan amounts (new to the bank) ≥ $250,000 under the MAV Package (Professional Package) until 30 June 2011.

LVR is greater than 75%
• 0.70% pa – $250,000 – $499,999
• 0.75% pa – $500,000 – $749,999
• 0.80% pa for loans of $750,000+

LVR is less than or equal to 75%
• 0.75% pa $200,000 – $499,999
• 0.80% pa $500,000 – $749,999
• 0.85% pa for loans of $750,000+

September 17, 2010

NFC Mortgage Broker Special Offer

Filed under: Bank,mortgage broker,National Finance Corporation,NFC,Special Offer — warrenschrodter @ 11:12 pm

I have received confirmation this week from one of Australia’s top 3 mortgage lending banks that I can offer a greater discount on Professional Package loans than what is advertised. In Australia there are somewhere between 11,000 and 13,000 mortgage brokers registered and this special offer is only available to a select few hundred brokers nationally.

Not all Mortgage Brokers are the same. Banks now reward Mortgage Brokers that have superior expertise and submit quality applications.

For a limited time, we can offer a standard variable interest rate discount of 0.8%. Loan valuation ratio and loan limits apply so please call NFC now on 1300 663 632 or email info@nfc.com.au for more details.

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