Interesting Info: Lenders refusing to negotiate a lower interest rate for some borrowers: Brokers have voiced alarm at the fact several lenders have refused to reprice some clients onto competitive rates, suggesting it’s a new blanket rule for some products. According to broker feedback, the issue seems to be focused on investor borrowers who hold loans where a property (or several properties) is in trust, and on SMSF loans. “Borrowers should be very frustrated by this. Take SMSF loans that might have rates of 9.5 per cent, that negates all of the benefits of having it in super. If you think about the contributions and the expected return, 9.5 per cent is close – if not all – of the return expected. It’s really painful,” “Whereas, if the interest rate was 6.5 per cent [ as many non-banks are now offering], the economies of scale work much more favourably in the borrower's favour.” While broker clients will be able to navigate this issue and find a better deal through their broker, direct clients may not be so lucky. See full article here - https://lnkd.in/eHa2wHv5
EZFinance Pty Ltd
Financial Services
Dulwich, SA 125 followers
What makes EZ Finance one of Australia’s most innovative Mortgage and Finance Companies?
About us
What makes EZ Finance one of Australia’s most innovative Mortgage and Business Finance Companies? - It’s the way it has been set up! In 2009, EZ Finance opened in Brisbane, Adelaide & Melbourne with a free finance consultancy and advisory platform thru experienced finance advisors around Australia. With access to over 120 different banks, Credit Unions and private Lenders, EZ Finance has the ability to find appropriate finance for almost any situation, in business or consumer loans. Even in today’s finance market, it amazes us that many finance institutions and broker groups still only cater for simple vanilla home loans and offer limited or even NO finance options for many businesses. As a real alternative to the major banks, each EZ Finance Advisor has completed comprehensive training and attained a higher standard of qualifications to find finance solutions for almost any situation. This is enhanced by the extraordinary depth and diversity of the very large panel of banks, credit Unions, second tier lenders and private Lenders that EZ Finance has access to. This is by design and this is what makes EZ Finance so different. EZ Finance Pty Ltd has it’s own Credit Licence (similar to the major banks), which is regulated by ASIC and other government organisations. This is difficult to attain these days, and essentially supports EZ Finance as a legitimate alternative to the major banks. Separate to EZ Finance Pty Ltd, we have EZ Finance Commercial Pty Ltd which specializes in all things commercial finance, such as business and asset finance, and a complete EZ Rewards platform with real savings for our community.
- Website
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https://www.ezfinance.com.au
External link for EZFinance Pty Ltd
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Dulwich, SA
- Type
- Privately Held
- Founded
- 2009
- Specialties
- Self Employed Loans, Home Loans, Car & Truck Loans, Development & Commercial Loans, Business Loans, Equipment Finance, Loan Education, Partner Benefits, Customer Loyalty Program, Broker benefits, EZ APP, and Bad Credit assistance
Locations
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Primary
Level 3 / 169 Fullarton Road
Dulwich, SA 5065, AU
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57 Township Drive
5
Burleigh Heads, QLD 4220, AU
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75 Deakin Ave
Mildura, Victoria 3500, AU
Employees at EZFinance Pty Ltd
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Phil Rice
Founder of BAA, BBC & EZ - Strategic Business Adviser - Talks about #finance, #businesscoaching, #businessadvice, #mortgagebroker, and…
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Dora Athanassiou
Finance Specialist at EZFinance Pty Ltd
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John Kalantzis
Senior Credit Adviser at Pro Mobile Lending Solutions
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Michael Ryder
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