URGENT! Can't get a Certificate of independent financial advisor

Oh no!

No I can't give financial advice. I would charge $880 to go through the documents, explain them to you and sign off (if no issues) on the legal side.

 

Someone with a 3 day diploma trying to charge $450 per hour?

$9000/20 hours - $450 per hour

 

Loans.com.au - no surprises at all!

I'll send you through a PM.

 

Lots...
I'm now considering switching to a different lender before settlement. Only got 4 weeks to go.

Was told ING offers a 3.99% fixed rate for 3 years. But serviceability is a big issue as they assume 8% assessment interest rate. Still looking for good deals...

 

4 weeks is plenty of time.

 

If loans.com had good servicing people would put up with them and they would have a lot more customers. All they do is rate.
4 weeks is more than enough time to switch lenders.

 

Variable rate.

I'm now looking to find a lender to beat their 3 year fixed rate.

 

The thing is I have to be 100% sure I can settle on the day...

 

This sounds like Macquarie Bank. Prob funded by them.

I used someone from yellow brick road for this and it cost me about $500 from memory. Was a 5min phone call.

 

Classic rate versus reward story right here!
Even if that loans.com rate is cheaper it's probably already cost you more in time and stress than saving $50 a month is worth.

 

They're a slow reader.

 

Amp have had this requirement for years.

 

It just so happens they have a financial planning arm too!

 

Chinese walls? Conflict of interest?

 

Years ago one of the lenders I used required this, from memory just paid someone $150 to basically say, do you understand you have to make loan repayments and pay lender back, or words to similar effect, sign the doc and lender gives the money.

 

Not with some of them it is not ! slower than a wet month

 

This is largely a thing of the past because of the risks involved. The first thing the borrower would do if the property is taken is to blame the professional - they didn't explain that we would both be liable and could lose our other assets etc.

But there are still some cowboys out there - cabramatta area may be a good source of sign offs.

 

It is ridiculous to have to do it in the first place.

All invented/created risk. The application should stop at the broker if person feels they may not know a loan requires repayments and return of funds

 

Ummm.... they have a 7% assessment rate and take neg gearing at 7% as well.... aside from Liberty and Pepper its about the best calc around....

 

Any idea how to get the contact details?