AFG Home Loans?

Has anyone heard of, or better yet, had a loan through AFG Homes Loans (Australian Finance Group).

One of our brokers has suggested them, but I can't find a great deal of information about them. Would prefer to hear from first hand experience if anyone has any.

Hello, AFG home loans are a managed loan offered by AFG, the money comes from one of the other banks like Macquarie Bank or ING or Adelaide Bank. Haven't used them as I am not an AFG member but they're much like every other managed loan product. Should have good rates, possibly higher on fees but I am not sure on that, and can be some cool policy niches. Love to hear what you've been offered.

AFG are my aggregator and I can access and have written many loans through them. They source their money from NAB, and as such rate rises or cuts are basically in line with what NAB does.

They have specials all the time throughout their basic and package loans. The basic loan is good as it has provision for a true 100% offset account with no ongoing fees, and currently the rate offered is not dissimilar to that of their packaged product.

Depending on what you are looking for it might be a good product for you.

Cheers

Tom

Appreciate the replies, thanks

At the end of the day when I am offering some lesser known lenders I say this:
You're borrowing from them - so you have their money, not the other way around - if they fall over (which is always the concern) then YOU have THEIR money. No issue

And, if they aim to always stay competitive & the origin of their money aims to always stay competitive, which NAB does, then if the offer is good & you stay in touch with your broker - you're good, its worth a shot. You can always refinance down the track if it blows out.