Might be a long shot but thought i would ask anyway.
Are there any brokers familiar with Firstmac? Their website is incompatible with my browser so i can’t get on and see for myself. The queries i have are –
– What is their policy on LMI refunds on loans discharged after 12 months but before 24 months.
– What are their break costs/DEF’s on lo-doc variable loans.
– Who is their mortgage insurer?
Thanks in advance for any help.
Jamie
I have used them in the past. The exit fees are high from memory, probably around 1.5%, but this would be a sliding scale based on time in there.
I doubt you would get a refund of LMI if over 12 months, even the major banks only give a small portion within 12 months.
I think Mobius is their mortgage insurer
Terryw
Discover Home Loans
Parramatta
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Thank you Terry, as usual you are a wealth of information!
Have you found out everything you need to know – if not let me know and i will email you some information if you like.
Anita Marshall
Advanced Finance Solutions
http://www.advancefinance.com.au
[email protected]Hi Jamie
Let me know if you got your answers as being a Brisbane based operation we are fully upto date with what they have to offer.
Cheers
Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
[email protected]
Looking for life cover – We Guarantee to beat any quote you have in writing.Richard Taylor | Australia's leading private lender
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