“Nathan & Deanne are the best! Prompt, professional & friendly service. Nothing was too much trouble. We are very grateful for all their help & advice. Thanks!”
J & K Damonse, Hilton WA
“I am very happy with the attention you paid to me in explaining to me in plain English the set up. I also am happy with the way you and your staff made the process simple and easy to do.”
T Smart, Wanneroo WA
“I thought the service was great. It was very informative. You walked me through the process and finalised everything very quickly. I don’t think there is anything further you could have done. I will certainly recommend you to others.”
J Want, Churchlands WA
“Once again Nathan, thank you. We also keep plugging your name and brilliance to our friends and co-workers, but we need some more business cards as we have given them all away.”
R & K Williams, Yanchep WA
“Thanks heaps for your prompt attention you and Nathan have been wonderful, the service has been excellent.”
E & J Harrison, Halls Head WA
“Very professional & helpful service. I felt I received personal service.”
S Fraser, Alfred Cove WA
“Nathan made things really simple. As someone new to the home buying game, it was important to feel trust. My Mortgage Man made me feel he had my interests at heart right from the start and he evidenced this in his words and actions throughout the process. It was great to know he was only a direct phone call away for any queries and concerns I had and this continues to be the case now I have purchased the property (no ‘seal the deal and run!)”
S Layhe, Mount Hawthorn WA
“Thanks for the chance to reorganise my money situation. I’m very pleased with the set up. I’ve never budgeted before and a forced plan is the best thing for myself. I’m really impressed with the response to all questions & enquires and how friendly and helpful you all have been.”
M Pollock, Ballajura WA
“I have received the donation from Nathan and wanted to say a very big thank you to you both. The money has been allocated to my project and will be used for running a lifeskills course with some of the young people who are struggling in a few areas and have little family support. Workshops will include cooking and budgeting (which I’m sure you’ll both appreciate?) as well as some health related education workshops and rec activities.
Also as we have told a lot of people about how great you are, would you mind sending us through a few business cards. Thanks again for your help.”
N Toussaint & D Wright, Bayswater WA
White Label Loan Product
At Simplify Your Mortgage I am a Residential Refinance White Label Loan Product Specialist. I am only interested in creating long term relationships with my clients and the White Label Product allows me to provide more services than if your loan was structured through other banking products.
What is a White Label Loan Product?
Lenders like Macquarie Mortgages, Virgin, Bluestone, Wizard and Aussie Home Loans, to name a few, all use a White Label Loan Product. Essentially they borrow funds from credit providers and repackage, or rebrand the loan with their details.
Who are the Credit Providers?
Perpetual Trustees Company Ltd or Permanent Custodians Ltd and GE Money or GEL Custodians Ltd are the two main Credit Providers for the above lenders. Both are well established companies in their own right and both provide a “AAA” rated prime (full documented loan) lending program to consumers.
They use Mortgage Consultants like me to deliver the product to the client by offering wholesale pricing. This allows the loan pricing to be highly competitive with traditional banking loan products.
So what is the real difference?
The banks cannot provide the same service as I do because they have to maintain staff, branches, ATM machines and other high costing overheads. Plus, they then have to deliver to their shareholders a healthy dividend every year. This forces their business model to be numbers based instead of people based.
The White Label Loans allow me to review your individual circumstance to ensure that your money is working in your favour. This extra guidance and support after the loan settles can make all the difference between being stuck in the rat race or becoming truly financially independent in retirement.
What features does a White Label Loan Product have?
- Direct Salary Crediting
- Free Redraw Facility
- Portability
- Phone & Internet Access
- Flexible Repayment Options
- Keep Existing Cheque or Savings Account Set Up
- Up to 4 splits
- Interest Only Available for 10 Years
- Ability to Capitalise Lenders Mortgage Insurance (LMI)
- Discounted Interest Rate
- Efficient Approval Process
- Master Limit
- Automated Loan Set Up
- Ability to Recycle Bad Debt into Good Debt
- Low Doc & No Doc Loans Available
- Vacant Land & Construction Available
- Maximum Loan Up To 100% (including LMI)
- Built in Money Management
- Personalised Service
Some of the above features are explained in more detail under the tab Tips & Tricks otherwise you will learn more about the ones that affect your circumstances during the first appointment.
Summary
In the future more and more Residential Mortgages in Australia will be financed by a White Label Loan Product. Currently more than 40% of all loans written in Australia are introduced to lenders via the Mortgage Consultant channel. This has constantly been on the rise with no slowing down in the future.
I look forward to discussing more about the White Label Loan Product when you decide it might be time for a change.
Nathan Daniell (AMC)
Mobile: 0413 615 913
Phone: 1300 856 890
Email: nathan@sym.net.au
Full Member of the MFAA
Mortgage & Finance Association of Australia
License Number – FB3620