Mortgage manager cuts white label fixed rates by up to 30bps

by Julia Corderoy24 Feb 2015
A Sydney based mortgage manager has dropped interest rates across a suite of its white label fixed rate products.

Iden has announced cuts of up to 30bps on its Fair Go 2 year, 3 year, 4 year and 5 year fixed rates. Iden’s Fair Go fixed rate can be combined with a 100% offset account and can also be used for construction loans.

“Credit Advisors can be comfortable that they are providing their clients with a high end home loan without the extraordinary rates or fees and ongoing education to their borrowers through our latest marketing implementations,” Barrie Gaubert, a director at Iden said.

Further, Gaubert announced a special fuel discount bonus for clients.

“We are always looking at ways to be innovative with our products and we appreciate that fuel is a currency that everyone understands, so we provide clients with an extraordinary fuel discount bonus,” he said.

Iden’s fuel discount starts with a minimum loan amount of $200,000, where customers receive 10 cents per litre fuel discount and can go up to $1 per litre for 2 years. Gaubert says the offer can be used in conjunction with supermarket fuel discounts, providing extraordinary savings.