Wondering if anyone has had any experience with investment loans from AMP Bank?
Good, Bad, Indifferent?
Cheers
Good, Bad, Indifferent?
Cheers
AMP Bank. Any comments?
- Thread starter PrimeCommercial
- Start date
Yes, I have just recently settled on 2 new LOC's with AMP Bank.
DSR calcs are way above main stream big 4 and rates are very competitive.
Settlement process was very smooth which is a welcome change from the usual teething & setting up issues of new loans with other lenders.
Im very happy with their products & services.
A welcome breath of fresh air.
DSR calcs are way above main stream big 4 and rates are very competitive.
Settlement process was very smooth which is a welcome change from the usual teething & setting up issues of new loans with other lenders.
Im very happy with their products & services.
A welcome breath of fresh air.
Service levels are smooth and fast in my experience.
They do have different veiws on allowances for negative gearing. Servicing calculator at the higher end (better) of the list.
Rates aren't the best but they certainly have their place in the market.
The basic product is reasonable competitive taking into account there are no ongoing fees and it comes with an offset account
Regards
Steve
They do have different veiws on allowances for negative gearing. Servicing calculator at the higher end (better) of the list.
Rates aren't the best but they certainly have their place in the market.
The basic product is reasonable competitive taking into account there are no ongoing fees and it comes with an offset account
Regards
Steve
The are a very good lender for full doc self employed (generous add-backs) and they are a good choice for company / trust loans.
Some of their strengths include;
Some of their strengths include;
- Basic loan comes with a 100% offset account
- Turnaround times
- Generous loan servicing
- Unlimited cash out to 85% LVR
- Master limit is set for 10 years - no income reviews required unless limit is changed
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Great news, thanks for the feedback
I actually work for AMP Capital Investors (as opposed to AMP Financial Services) and get an employee discount....I hadn't heard much about their product or service but if they're good on service and I can get a staff discount then I guess I'll be calling them first.
Cheers
I actually work for AMP Capital Investors (as opposed to AMP Financial Services) and get an employee discount....I hadn't heard much about their product or service but if they're good on service and I can get a staff discount then I guess I'll be calling them first.
Cheers
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