Unlike some brokers. We don’t charge a fee if the most suitable option is a new rate with your existing lender.
Your adviser will always assess the entire market, including options with your existing lender. In many cases, staying put may be the most suitable and hassle-free solution. This is usually known as a ‘Product Transfer‘ or ‘Rate Switch‘.
Here’s why:
✔ Less paperwork – It’s treated as a product transfer rather than a new application, so the lender won’t reassess you as a new customer. This can be a major advantage if your circumstances have changed and you might not qualify elsewhere.
✔ Competitive rates – The deals available to existing customers are usually just as good as those offered to new borrowers.
✔ No hassle – No need for document submissions, credit checks, property valuations, or legal work. Your adviser selects the most suitable product and you’re good to go.
And the Best Part? No Fee from Us!
Since there’s much less work involved in a Product Transfer compared to a new application, we don’t charge a fee if you stay with your lender. You still benefit from our expert advice, whole-of-market comparison, and future rate reviews. Making it a true win-win!
We work with:
