Flinders Finance - Financial Products & Services

Let the team at Flinders Finance determine your borrowing ability and requirement, select a loan to suit your circumstances and manage the process through to settlement. Their service doesn’t stop there. Flinders will then provide an annual review of your finances.

Whether it is a motor vehicle loan, commercial loan advance or a home loan – Flinders Finance can assist you. The team consists of over 30 professionally trained staff, all of whom abide by the industry code of practice which requires high professional standards, fair business practices, ethical behaviour and compliance, and all in the interest of you – the borrower.

Download the Free Quote Request Rorm or go to their website at http://www.flindersfinance.com.au/ for more information

FREE Financial Consultations for NECA Members

Flinders Finance (WA) Pty Ltd is offering FREE financial consultations to NECA Members. Every Thursday, a representative of Flinders Finance will be available at the NECA offices, 199 Balcatta Road, for 30 minute consultations.

Interested? If you are interested in booking a time please CLICK HERE to send an email to Client Services, or alternatively call us on 1300 NECA WA (6322 92).

Mortgage News

You can also download here the quarterly finance updates from Flinders;

1. Mortgage News - Autumn 2010

2. Mortgage News - Winter 2010

3. Mortgage News - Spring 2010

4. Mortgage News - Summer 2010

5. Mortgage News - Summer 2011 (See text below)

Summer Finance Update - February 2011

Banks at War - The Year of the Consumer!

After a long hiatus, a perceived decrease in the risk of lending has led non-bank lenders to begin to re-enter the market and compete with the majors again. Already touted as the year of the non-bank lender, February data from the Australian Finance Group showed that 17% of all new broker loans were taken up by non-bank lenders. The majors have responded in kind by offering larger discounts on their existing range of products and this struggle for market dominance has translated into cheaper lending opportunities for the consumer. To illustrate this trend NAB have recently announced that they will pay the exit fees for any loans refinanced into the NAB from Westpac and Commonwealth Bank. Westpac have responded in turn by offering to axe a $395 home loan fee and increasing their package discount to 0.75% (from 0.7%).

In addition to this, the RBA has not increased the cash rate since November last year and this trend looks to remain in place in the short term at least. Key points from the RBA’s February Board Meeting suggest the economic environment is stable and that another rate rise is not expected until May, bringing the cash rate to 5.0%. Very few rises are planned in the medium term with rates expected to reach their cyclical peak of 5.75% in early 2012. The housing market is steady and the job market firm.

All said, this market represents a rare opportunity to get a great deal from lenders of all shapes and sizes. Flinders Finance has a dedicated team to review your finances. Please contact Jeremy Dermer on 08 9483 0785 to learn how to turn this to your advantage.