Which private bank
is right for your loan?
- Compare private bank loans with lower interest rate and other discounted offers.
- We can provide tailored solutions to meet our premier clients’ needs
- Our mortgage brokers are specialists in lending to high net worth clients.
As seen in
Our award-winning mortgage brokers will find you the right home loan for your situation.
How does a Private Banking work and why does it cost more?
Major banks in Australia have a specialist department that handles their high net worth clients.
With private banking, you’re assigned your own banker, separating you from mass-market clients who have to deal with the bank’s call centres and branches whenever they need assistance.
The higher level of service comes at a price. The high cost of having experienced bankers is recouped by higher interest rates on the loans to their clients.
How we can help you save
As the private banking department uses a different pricing model to the rest of the bank in most cases they cannot match the discounts offered through the same bank via a mortgage broker.
If you have a range of home, business and investment needs to be taken care of then it is rare that this can all be provided by just one bank.
In most cases, you may better off dealing with a range of banks as one may be the right choice for your commercial loans while another is better for your equipment finance or home loan.
Our mortgage brokers who specialists in dealing with high-net worth clients can assist you with your home loan, commercial loan and business loans. We can access competitive products, negotiated pricing from a range of lenders and our special package for you.
What is the Private Bank client criteria?
While each bank is different, in most cases you need to have around $2.5 million in deposits or lending and an income of at least $250,000 p.a. to become a private banking client.
Most banks prefer to switch customers into their private bank when they do not yet have any lending with the bank. The reason for this is that if you already have a loan with the bank at a competitive rate then there is no additional profit to the bank.
Whereas if you are in the process of applying for a loan then they can immediately put you onto a higher interest rate.
How our services can help you…
Complete our free assessment form or call us.
We assess your situation.
We look at al the options from our panel of lenders.
We will find you the most suitable deals.
We’ve lent more than $1 billion Australia-wide.
Find out why we are the winner of the ‘Best Customer Service – Office’ category
in the 2015 and 2016 Better Business Awards.
Recently, we were approved for a loan all due to the hard work Preeti put into helping us secure our first family home. Preeti went above and beyond normal working hours and weekends to help us along the process.
– Vanessa, Elwood, Melbourne