Do banks still pay legal fees for new customers?
| # | Post |
|---|---|
| 1 | Years ago WP paid all legal fees to get our mortgage and us as customers, but now they are pretty useless to be honest. Do banks still do this sort of thing, as would like to change banks. Cheers ambo11 - 2020-12-02 18:00:00 |
| 2 | I secured a property a few months ago and they didn't specifically cover legal fees, but they gave 3k in cashback. That covered legal fees + more...so I guess so? trader006 - 2020-12-02 18:13:00 |
| 3 | ambo11 wrote: lending has to be high and you have to bring something to the bank, I borrowed $800k but only got $4k, because it was short term lending, I've seen over $8k on million plus mortgages. gabbysnana - 2020-12-02 19:01:00 |
| 4 | For new to bank business most pay around 0.7% of the loan size to say hello. You are then locked in for 2 to 4 years depending on bank. Hope that helps jeffqv - 2020-12-02 19:02:00 |
| 5 | There is only one person that pays for this and that is you. Either way you pay, no free lunch. msigg - 2020-12-02 21:19:00 |
| 6 | msigg wrote:
Only free lunch is a diet. Banks are very profitable so check the real costs. Edited by amasser at 10:06 am, Thu 3 Dec amasser - 2020-12-03 10:05:00 |
| 7 | msigg wrote: we bought a rental last month both ANZ and BNZ offered us over $2K to go with them - we only had to pay an extra $400 - we also used a mortgage broker who got us a gret deal kenrick69 - 2020-12-05 22:34:00 |
