Finance Newsletter – September 2012

Have you checked your home or investment loan recently?

Rates are all over the place, as the jury is out re the future economic direction.

Want to save interest, but not confident to fix your rate?   The answer may be to find a low variable rate.

A new product from Citibank has a current valuable rate of 5.94%pa ongoing. Not a honeymoon rate – a discount for the life of the loan. Loan is available for investors and owner occupiers. Citibank is also offering new borrowers $1 000 to assist with fees for setting up your new loan, or leaving your old bank. So you can get a discount and $1 000 . This applies for refinancing also. Citibank’s loan includes Australia’s only completely fee free every day bank account.

Details of this and other loans and their Terms and Conditions are available from your Mercia Mortgage Broker.



If you or anyone you know are suffering “mortgage stress” do something about it now!


If a borrower gets behind or is late with a payment the options to restructure/refinance and ask for help are diminished. Don’t be afraid to ask for help.



Remember that Mercia finance brokers can assist you with car loans, home loans, Lo-Doc home loans for the self-employed, construction loans and any other type of mortgage or loan. Our service is free of charge to you the borrower and we have access to all the major lenders in WA. We also can help you with reverse mortgages and first home owners grants


A Mercia Mortgage broker can give you independent advice and comparisons between all the major lenders.

All these services are provided by our friendly and professional mortgage brokers at no cost to you – so you have nothing to lose and everything to gain.

If you would like to speak to a broker, call Dan Goodridge on 0414 423 340 or e-mail

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