Non-bank offers Xmas rate special

According to a company announcement, the latest loan offering is a 6.99 per cent variable rate with a 0.18 per cent discount off the variable rate for the life of the loan on home loans of $400,000 and above.

A spokesperson for the group told The Adviser that the Christmas special is a fully featured offset loan, with internet, Bpay, Eftpos and ATM access to the 100 per cent offset portion.

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“Iden is pleased to offer a Christmas Special to customers and brokers,” the spokesperson said.

“The offer will be available on all loans over $400,000 settled from now until the end of January.”

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