Rate rises, serviceability & equity release.

Discussion in 'Loans & Mortgage Brokers' started by Raydar, 22nd Jan, 2016.

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  1. Coota9

    Coota9 Well-Known Member

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    Can I ask why you are going back to this broker after he crossed your loans in the first place?
     
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  2. Raydar

    Raydar Well-Known Member

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    You may. If he is able to perform the equity release, no problems, I won't need them moving into the future. Otherwise.... Time for a new broker.
     
  3. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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    Why wait until Australia Day? Im sure if you contact Jess or Jamie you will get a response straight away.

    Servicing is your biggest concern - your LVR position is sweet as.
     
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  4. Azazel

    Azazel Well-Known Member

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    Bit of a shame then.
    We need more naming and shaming around here.
     
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  5. Coota9

    Coota9 Well-Known Member

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    Just saying that I believe it is in your best interest to find another broker as this guy has let you down big time.

    I had another member email me regarding a Broker recommendation and I mentioned that you are effectively your brokers employer and as such they need to win your business.

    A good broker and lending structure has never been as important as right now with recent APRA lending changes

    It also helps that most of the brokers here actually walk the talk and are experts at what they do as its a win win for both parties.
     
    Last edited: 23rd Jan, 2016