AMP Mortgage Company
One of the leading wealth management companies in both Australia and New Zealand is AMP Mortgage Company. Aside from being included in Australia's most significant investment managers, AMP Mortgage Company is also one of the country's biggest corporate and retail superannuation providers.
AMP Mortgage Company History
The history of AMP Mortgage Company started with its formation as the Australian Mutual Provident Society in 1849. Originally a non-profit friendly society that offers life insurance, the Australian Mutual Provident Society reinvented itself as a publicly listed financial company called AMP Limited. AMP Limited is the official corporate name of AMP Mortgage Company.
In Australia, AMP Mortgage Company is also considered as one of the companies with the most number of registered shareholders. The overwhelming number of shareholders was caused by AMP Mortgage Company's awarding of company shares to all policy holders during the company's demutualisation. After it was demutualised in 1998, AMP Mortgage Company joined the respective stock exchanges of Australia and New Zealand.
AMP Mortgage Company Products
The financial services offered by AMP Mortgage Company are not limited to mortgage loans. Examples of other financial services offered by AMP Mortgage Company are banking, life insurance, managed funds, retirement savings and income, investments, financial planning, and superannuation. The major businesses responsible for the delivery of AMP Mortgage Company products and services all over Australia and New Zealand are AMP Capital Investors and AMP Financial Services.
AMP Mortgage Company Home Loans
AMP Mortgage Company offers six different types of home loan packages. They are the Professional Package, the Basic Variable Rate Loan, the Low-Doc Package, the Classic Club, the Construction Loan, and the Land Loan.
- Professional Package - for people who want more options and savings
- Basic Variable Rate Loan - for people who wish to make extra repayments without being penalised
- Low-Doc Package - for people who have a non-traditional source of income
- Classic Club - for people who want an access to a wider range of AMP Banking home loans
- Construction Loan - for people who want to build or renovate homes
- Land Loan - for people who wish to buy real estate properties