ANZ Question:-)

Discussion in 'Loans & Mortgage Brokers' started by krusty900, 30th Apr, 2020.

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  1. krusty900

    krusty900 Active Member

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    Hi. Currently about 6 months into loan with Macquarie, currently at 2.89 with offset.
    Just wondering how tough anz are with serviceability? Partner about to go back to work part time and we have a baby. Was looking at their fixing deal, 2.19 with 4 k cash back. (Probably only fixing a portion)
    We don’t need offset, financials changed a bit since originally applying with Macquarie.
    Cheers
    Krusty
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Plus Member

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    generally tougher than macq
     
  3. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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    ANZ's servicing calculator is generally a lot better than Macquarie unless its the use of a specific niche.

    Their maternity leave policy is also pretty good.
     
  4. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

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    ANZ's servicing has dramatically increased recently. I think their HEMS got adjusted or something but it's significantly better than it used to be.
     
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  5. krusty900

    krusty900 Active Member

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    Great. Thanks for that. I might look into it:)
    Thanks again:)
     
  6. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    If its for a PPOR loan, Mac is significanlty superior for active debt recycling which if you have the risk profile and discipline will save u bunch more than a few points of interest and a pork barrel on entry.

    ta
    rolf
     
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  7. Watson1

    Watson1 Well-Known Member

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    ANZ serviceability is much better than a couple of years ago, however, they expense investment property expenses separate to basic which can be a killer for people with multiple properties due to insurances, property maintenance, rates and land tax.
     
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