Summary

BORROWER

• 92% Win Rate: The borrower is almost always better off.
• Tax Ruling: Supported by ATO Product Ruling PR 2020/4.

LENDER

• Increase Market Share: Unique product offering significant benefits.
• Increase Profit: Interest margin maintained.  Dollar profit increases.
• Scope: Any mortgage product can incorporate an Index Mortgage option.
• In Force Book: Existing mortgages can be be simply converted.
• Sticky: An Index Mortgage book should suffer significantly lower churn.
• Customer Engagement: Natural cross-sell to wealth management products.

“We believe the Index Mortgage will drive a sea change in the mortgage market …”

Citigate Dewe Rogerson, LaunchSure Report