NAB vs St george?

Discussion in 'Loans & Mortgage Brokers' started by andy ngo, 8th Oct, 2019.

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  1. andy ngo

    andy ngo Well-Known Member

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    Hello

    Which one would you choose between Nab and st george for investment property?

    They offer same rates

    Thanks
    Regards
     
    andy ngo, 8th Oct, 2019
    #1
  2. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

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    What are your reasons for choosing to compare them?

    Do you have owner occupier as well, or is this the only property?
     
    Property Twins, 8th Oct, 2019
    #2
  3. shorty

    shorty Well-Known Member

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    NAB
     
    shorty, 8th Oct, 2019
    #3
  4. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    Why those two?

    Nab are better with future rate reduction requests.

    Cheers

    Jamie
     
    Jamie Moore, 8th Oct, 2019
    #4
  5. Lindsay_W

    Lindsay_W Well-Known Member

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    Depends on what you need and not only what you need now but also in the future, especially if looking to build an investment property portfolio.
     
    Lindsay_W, 8th Oct, 2019
    #5
  6. andy ngo

    andy ngo Well-Known Member

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    I have a OO property with CBA and I am looking to buy an investment property and also refinance the existing loan.

    Thanks
    regards
     
    andy ngo, 8th Oct, 2019
    #6
  7. andy ngo

    andy ngo Well-Known Member

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    you meant I should not choose either NAB or St george? I am still looking around and still don't know which bank is good for my case. do you have any suggestions?

    Thanks
    regards
     
    andy ngo, 8th Oct, 2019
    #7
  8. Terry_w

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

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    avoid both!
     
    Terry_w, 9th Oct, 2019
    #8
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  9. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    No not at all - just curious as to why they’re the two options you’re considering. Nothing wrong with those lenders.

    Cheers

    Jamie
     
    Jamie Moore, 9th Oct, 2019
    #9
  10. twww

    twww Member

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    Because?
     
    twww, 9th Oct, 2019
    #10
  11. Terry_w

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

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    Rates
     
    Terry_w, 9th Oct, 2019
    #11
  12. twww

    twww Member

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    So if your mortgage broker suggests either these two, what then?

    Is it all about the rates?
     
    twww, 9th Oct, 2019
    #12
  13. Terry_w

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

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    Best to ask the broker why they were recommended.

    It's not all about rates, but it is a major factor
     
    Terry_w, 9th Oct, 2019
    #13
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  14. Lindsay_W

    Lindsay_W Well-Known Member

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    I thought you had a broker who recommended St George for the OO refinance?
    Are you no longer working with that broker? If not I reckon you should speak to a good one who can actually recommend based on your specific financial situation and intent.
     
    Lindsay_W, 9th Oct, 2019
    #14
  15. Lindsay_W

    Lindsay_W Well-Known Member

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    Ask the broker WHY they recommended only those two lenders...
     
    Lindsay_W, 9th Oct, 2019
    #15
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