Q: What is the best interest rate I could possibly expect to negotiate if I refinance my home loan?
A: Hi Laina - HSBC currently offer 3.55% p.a. variable for Australian residents, owner occupied loans. No ongoing fees and this is not a honeymoon rate offer. This is one of the lowest rates available! If you would like to discuss further please contact me 0466571178 or firstname.lastname@example.org
Q: Who has the most competitive home loan rate in Australia currently??
A: Hi Ben - The lowest rate at HSBC is currently 3.55% p.a. vari for owner occupied, Australian resident. Comparison rate is 3.57% p.a. No annual feel or ongoing fees. This is quite a competitive rate in the market. If you would like more detail on this campaign please email me at email@example.com or call 0466571178
Q: I am a first time buyer. What is the % deposit I should be aiming for to get a decent rate on a mortgage?
A: Hi Rosa - depending on the finance provider the interest rate may remain the same regardless of the deposit size. If you borrow more than 80% of the assessed home value then you may be subject to pay LMI (lenders mortgage insurance). Please also consider the area you buy in and whether high density as different lenders will have restrictions on these types of properties in particular postcodes e.g. High density in Mascot may only lend 70% LVR but high density in Hillsdale may lend up to 90% LVR. Considering you are a first home buyer I would suggest you meet with different mortgage lenders in person for advice based on your personal situation. If you would like more detail please do not hesitate to email me on firstname.lastname@example.org
Q: Which lenders are still accepting foreign investor loans and what are the criteria or conditions?
A: Hi John - HSBC is still accepting non resident and overseas income on a case by case basis. There are some restrictions on LVR and no interest rate discounts. Please email me email@example.com for more information and I will be happy to assist and provide feedback on particular examples if you like