Finance Update June 2022

Are you getting the best interest rate on your loan?

With the current changing market conditions how do you know if you have the best rate available for your home and investment loans?

If your interest rate is over 2.09% variable principal and interest (owner occupied) then you may be able to save by changing loans and or banks. I have access to a major bank that  is currently offering customers a 2.09% variable rate and $4 000 cash back payment. This NOT a honeymoon or fixed  rate, discount is for the life of the loan. Conditions  apply – owner occupied homes only, principal and interest payments, minimum loan $250 000,  80% LVR maximum – no monthly or annual fee. If you are interested in saving thousands per year call Mercia Finance to see if we can show you how to benefit from a better rate. We can also show you some great  fixed rates and investment loan discounts. An example of what the above may mean to you – an average mortgage of $450 000 at the average big bank discounted rate of 2.9% = an annual interest  saving of over $3 600 per year. If you qualify for cashback bank will pay you to refinance. Cashback applies to all compliant loans except if your current loan is with Westpac, St.George, Bank of Melbourne, BankSA or RAMS. If you are with one of these bank you can still get the great rate, but no cashback.

A mortgage broker does all the paperwork for you and does not charge for this service.

This is a limited offer. Make an obligation free enquiry today to see if this offer is suitable for you.

If you have questions regarding any  type of loan, call Dan Goodridge on 04144 233 40. Our service is free of charge to you the borrower and we have access to all the major lenders in WA.

Call us anytime. After hours is OK.

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