AMP slashes pro-pack loan costs

AMP Bank is waiving the establishment and settlement fees and increasing the discount available for new customers by 10 basis points on its Professional Package variable rate loan. The new pro pack rates will be 6.79 per cent for loans ranging between $250,000 and $750,000. AMP’s chief operating officer Rob Slocombe said the changes meant customers would save $600 in fees alone.

Source: The Advisor