Are you maximising value for your clients by adding Connective Select to your comparisons? With recent rate hikes from major banks, Connective Select continues to offer market-leading fixed rates for owner-occupied loans with LVRs up to 95%:
- 5.64% p.a. 2-year fixed term
- 5.94% p.a. 1-year fixed term
Chek out the below comparison demonstrating how you can help your clients savings.
|
 |
Bank M |
|
Bank M |
| Principal Amount |
2-year Fixed (No-offset) (P&I) – Owner Occupied |
Basic Home Loan 2-year Fixed (P&I) – Owner Occupied |
2-year Fixed (100% offset) (P&I) – Owner Occupied |
Home Loan Package 2-year Fixed (P&I) – Owner Occupied |
| Rate(s) |
$550,000 |
$550,000 |
$550,000 |
$550,000 |
| Repayment(s) |
5.64% 2yrs
6.18% 28yrs |
5.79% 2yrs
6.19% 28yrs |
5.64% 2yrs
6.18% 28yrs |
5.79% 2yrs
6.19% 28yrs |
| Frequency |
$3,172.00
$3,353.00 |
$3,224.00
$3,359.00 |
$3,172.00
$3,353.00 |
$3,224.00
$3,359.00 |
| Monthly Fee |
$0.00 |
$350.00 |
$0.00 |
$350.00 |
| Total Loan Cost |
$652,645.00 |
$656,227.00 |
$656,245.00 |
$663,667.00 |
| Comparative Saving |
$11,022.27 |
$7,440.00 |
$7,422.27 |
$0.00 |
Key features of Connective Select fixed rate products:
- 100% offset up to 95% LVR
- Servicing on fixed rate NOT customers revert rate
- No package fees ($10 a month, offset only)
- No application fees
- No genuine savings evidence required up to 90% LVR including LMI
- Parental leave policy changed to extended leave
- Improved PAYG policy (full time, part time, casual and dependent contractor) policy changed to 6 months one employer or 12 months continuous employment within the same industry
- Redraw available.
View rates here
Recent broker success story with Connective Select:
Client: Single mother living in a hotel, recently commenced casual employment (previously contracted in same role for 12+ months). Low/mid credit score.
Income verification: 1 x payslip and an employment letter
Outcome: Connective Select was able to provide a 3 day approval, 18 days later settlement has been booked!
Read next article > 