As we head toward the middle of the calendar year, many Connective Essentials customers have fixed rates due to expire in the coming months.
This is an important step in their home loan journey, and we know many of you, as their broker, will be proactively reaching out to your customers to prepare them for this transition.
That’s why we’d like to remind you about our simple and automated process for reverting fixed rate loans to variable when they expire.
Once a customer’s fixed rate term expires, Connective Essentials automatically applies the current variable rate applicable to that loan type and LVR, based on the current rate card at the time.
You don’t need to complete any additional forms or pricing requests.
Whether your customer is looking to re-fix their interest rate, move to variable at the end of their current fixed rate term or restructure (split) their loan, we’re here to help!
Please reach out to your Connective Essentials Business Development Manager if you have questions or would like to discuss a customer’s scenario.
New! PAYG Income Calculator
We recently introduced a new PAYG Income Calculator which is located within the Advantedge Serviceability Calculator.
This fantastic new feature calculates PAYG and uncertain income for you, making it quicker and simpler to calculate the correct income amounts based on Advantedge’s policies. Check it out today!
