Best discounts on ANZ Residential Investment Loans with Breakfree package?

Discussion in 'Loans & Mortgage Brokers' started by Fortune Favors the Bold, 14th May, 2016.

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  1. Terry_w

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

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    Keep in mind tax residency is different to immigration residency. An Australian citizen can be a non resident for tax purposes for example.
     
    Terry_w, 15th May, 2016
    #21
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  2. Fortune Favors the Bold

    Fortune Favors the Bold Well-Known Member

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    Great point. I'm looking at ATO guidance on this now, and will consult with my tax advisor.
     
    Fortune Favors the Bold, 15th May, 2016
    #22
  3. Terry_w

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

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    AMP are the best lender for debt recycling too.
     
    Terry_w, 15th May, 2016
    #23
  4. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Do you have a formal approval with that rate ?

    What are your middle term goals around finance and property ?

    Do you need debt recycling strategy as this looks to be a PPOR at some point ?

    ta
    rolf
     
    Rolf Latham, 15th May, 2016
    #24
  5. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    In what way specifically

    i do like their global limit,but there are a few that will same


    ta
    rolf
     
    Rolf Latham, 15th May, 2016
    #25
  6. Terry_w

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

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    Yes the global limit and ability to constantly change the loan types and split existing loans.
    Westpac is pretty good at this too but I think AMP is more flexible.
     
    Terry_w, 15th May, 2016
    #26
  7. S0805

    S0805 Well-Known Member

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    thanks @Eugene82 & @Fortune Favors the Bold .....you guys have much more with them then I do :). I guess i should be happy with their 1.11% discount (in progress) on <700K loans...
     
    S0805, 16th May, 2016
    #27
  8. thatbum

    thatbum Well-Known Member

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    I'm on a 1.15% discount on just over $1million worth of lending with ANZ. Makes me think I should be pressing for a bit more?
     
    thatbum, 16th May, 2016
    #28
  9. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    Honestly that's consistant with what we're seeing from the ANZ over the last few months. It's not comparible to what other lenders are offering though.
     
    Peter_Tersteeg, 16th May, 2016
    #29
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