Finance Broker Australia Home Loan Broker

News just in from GE Money;

As a result of the extreme volatility and greatly increasing cost of funds, on the global and local wholesale markets, a strategic business review has taken place. Effective Friday 24 October, GE Money Third Party Solutions will cease offering home loans through third party distribution partners; Mortgage Managers, Originators and Brokers in Australia.

Pipeline loans that are formally approved by 31 October 2008, will be processed in the normal way.

BASIC JUST GOT BIGGER - $1 Million

Good news! The maximum loan size for Flexible Options Basic home loan has been increased to $1 million.

• Competetive low interest rate. email your name and phone number now for more information.
• Low start-up cost – just $250 settlement fee includes first valuation and base legals.
• Unlimited free redraw (min. of $500)
• No monthly, annual or application fee

Fast growing mortgage manager Nationwide Lending has strengthened its market position through a new funding partnership with GE Money Third Party Solutions (GE Money).

Nationwide is one of only a handful of mortgage managers partnered by GE Money in Australia, giving the group’s 150 brokers a significant boost to their service and product offering.

According to Glen Jones, CEO and cofounder of Nationwide Lending, securing the GE Money accreditation is an important milestone for the company and a key vote of confidence in its standing in the Australian mortgage lending industry.

Wednesday 2nd April 2008

Ability Finance are able to assist customers with home loans from GE Money Specialist Options who have a solution for non-conforming customers who may have minor issues with their credit files or employment history.

Take a look at their maximum loan sizes^ below:

Loan to value ratio up to 90% Maximum Loan Size - up to $750k
Loan to value ratio up to 85% Maximum Loan Size - up to $1.0m
Loan to value ratio up to 70% Maximum Loan Size - up to $1.5m
Loan to value ratio up to 60% Maximum Loan Size - up to $2.0m*

Jump for joy with GE Money's Lo Doc Home Loan!

Wednesday 12th March 2008

Take advantage of:

• Sharp rates.
• Launch Special = No Application Fee* + a 0.10 percent discount* for the life of the loan.
• Low Annual Fee of $96.
• GE Money pays LMI up to 70 percent.
• Up to 10 years interest only.

There has never been a better time to get on board with GE Money, one of the world’s largest lenders.