ANZ has welcomed the Australian Competition Tribunal’s decision to authorise its proposed acquisition of Suncorp Bank. This is a significant milestone and an important step forward in the...
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Resi Select: Turnaround times remain at one business day!
Resi is continuing to provide fast, efficient service with turnaround times remaining at one business day for new applications, variations and construction progress payments. For full details check...
Brighten Lender rate update
Brighten is thrilled to announce exciting enhancements to their Prime products, effective 21 February 2024. Whether you have PAYG customers or self-employed business owners seeking...
MyState Bank rate update
MyState Bank has made some home loan rate sheet changes effective 31 January 2024. The changes were made to align with credit policy and include: The maximum available LVR for OO P&I...
Navigating Challenges: A Case Study of VMG’s Lending Solutions
VMG has recently helped borrowers with their refinancing. Could VMG also have a solution for your clients? See details below. Customer: Husband and wife (61 and 59) Loan...
Resi Essential Options Product Changes
There have been some changes made to the Resi Essential Options range. These include: The ZERO Risk fee offer available on Prime Alt Doc will be retained as standard pricing. The discounted Near...
Brighten Lender Update – Policy Enhancements
Brighten is pleased to announce more than 15 policy enhancements designed to improve serviceability, streamline paperwork, and offer greater flexibility for both brokers and customers. These changes...
N1 Holdings: The Value of Brokers as Information Hub
One of the unnoticed and hidden risks of not dealing with mortgage brokers is the borrower has no HUB of information. See the two scenarios below. There are many lenders in the market and they exist...
Assetline: New Alt-Doc Construction Product
We are delighted to announce the launch of our new Alt Doc Construction product. Borrowers of Alt Doc Construction can access financing from $1m to $5m and 70% LVR for a period of up to 18 months....