Home News Adelaide Bank announces rate cut

Adelaide Bank announces rate cut

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Adelaide Bank has decreased its new fixed and variable loan rates on its broker-exclusive SmartSuite Commercial range by 75 basis points.

The bank has also halved the application fee on its Low Doc and Simple Doc products from 1% to 0.5% of the loan amount.

The move is the result of a recent review of the bank’s commercial offering, said Adelaide Bank’s General Manager of Third Party Lending, Damian Percy.

The entire SmartSuite range of products has a 25-year term, no annual reviews and a simple pricing structure.

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker

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Wednesday, Aug 23, 2017
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