Lender's new offer for loan applicants

by Rebecca Pike02 Jul 2018

In a move aimed at supporting brokers deliver more value, a wholesale lender is offering a $0 annual fee.

From today (2 July) until 28 September 2018, Advantedge will waive its $120 annual fee for the life of the loan for all new applications. With this offer, customers could save $1,200 over ten years.

The offer applies if the loan application is submitted on or after 9am (AEST) Monday 2 July 2018 and before 6pm (AEST) Friday 28 September 2018. The loan must be settled by 6pm (AEST) Monday 31 December 2018.

It is only available for new applications and excludes loan variations, including top-ups.

Advantedge general manager, Brett Halliwell, said this offer reinforces Advantedge’s commitment to supporting brokers deliver more value to their customers and elevate their proposition.   

He added, “Highly competitive rates and quality home loan products are central to our white label proposition.

“By combining these attractive features with quality customer service, Advantedge is empowering brokers to provide the best possible experience to their customers.

 

Related stories:
Interest rate hike due to funding costs
Brokers choosing white-label home loans, says lender
Wholesale lender offers special variable rates

 

COMMENTS

  • by Regional 2/07/2018 9:06:29 AM

    The $120 annual fee was only introduced when NAB took over Advantedge. It should never have been there in teh first place

  • by Forget existing clients 3/07/2018 6:52:15 PM

    And for existing clients, you can suck it up - this is a new to bank deal only!