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Leveraged Equities & Suncorp Margin facilities

Discussion in 'Managed Funds & Index Funds' started by artgul, 14th May, 2007.

  1. artgul

    artgul Well-Known Member

    Joined:
    16th Aug, 2005
    Posts:
    77
    Location:
    Sydney
    Hi all,

    Currently I've a margin loan facility from Leveraged Equities. I've being shopping around for a better interest rate and LVR and have found out that Suncorp is offering 7.85% for prepaid loans under $500k. Also, the LVR offered is 75% which is 5% higher than the one with Leveraged Equities.
    It also looks that transferring the loan from Leveraged E. to Suncorp is a very straight forward process. Does any one of you had transfer loans previously?. If so, was it done without any headaches?.

    Thanks,

    artgul.
     
  2. bundy1964

    bundy1964 Well-Known Member

    Joined:
    22nd Dec, 2006
    Posts:
    351
    Location:
    Adelaide, SA
    Transfering Managed Funds would be the bigest holdup in shifting over, 2 weeks is average to get the paperwork processed.