YZ3? Here’s why - Zero Application , Zero Valuation and Zero Ongoing Fees from 4.19%

In a move supporting Broker activity in a highly competitive environment, Mortgage Ezy today released another new lending Solution that removes a perceived barrier to Non Bank Lending, get in fees. After initially launching its YZ3 Variable Term Loan in February which features Zero Application, Zero Valuation and Zero Ongoing Fees from 5.29%, Mortgage Ezy has now released its YZ3 Fixed Solution at the staggeringly low one year fixed rate from just 4.19% .

Outlining the company’s recent market activity and developments Mortgage CEO Garry Driscoll believes “the Broker mindset is evolving rapidly and brokers are now starting to realise that non banks still offer competitive products ,rates and exceptional service levels. Also mortgage managers are prepared to truly partner brokers to help them grow their business as opposed to the major banks who appear to be only concerned about their own profitability.  We’ve made some aggressive changes to our solutions recently and our YZ3 Programs fit hand in glove with the transaction based models of our Business Partners” he said.

“The original YZ3 caters for Borrowers who wanted a great loan at a low variable rate while the YZ3 Maxi is aimed at those Borrowers who want the certainty of a fixed interest rate in the first year of their loan. Ultimately we’re providing compelling reasons and choices to the market at a product level and backing that up with fast turnarounds using our inhouse Delegated Lending Authorities to approve loans quickly and efficiently. What we can achieve in three days the banks struggle to achieve in three weeks.” Mr Driscoll said.