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Advantedge extends rate discount by two months

by Staff Reporter9 minute read
The Adviser

Brokers have another nine weeks to take advantage of a 4.63 per cent variable rate loan.

Advantedge Financial Services has extended its temporary discount of 0.10 per cent on new full-doc variable rate loans.

The discount applies to loans of at least $200,000 with a maximum LVR of 80 per cent, with borrowers able to access a 4.63 per cent rate for loans of $500,000 or more.

The temporary special, which was announced last November, was originally scheduled to end on January 30, but will now apply to loans that are approved by March 27.

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Advantedge white-label products are available to PLAN, Choice and FAST brokers, as well as other business partners.

General manager of distribution Brett Halliwell said the offer had been extended due to an "unprecedented level of interest" from brokers.

Mr Halliwell said Advantedge would make more competitive offerings to brokers in 2015.

"The enduring growth in our white-label loan book, combined with the strength of our AA minus-rated balance sheet, gives us the edge to ensure the brokers we work with are one step ahead of their competition in terms of the value they can offer clients," he said.

"We will continue to listen and respond to broker needs through our product offering and service proposition, extending exclusive deals to brokers."

[Related: Advantedge signs white-label deal with AFG]

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