YBR Voice

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 variable rate loans has been increased to 98% The INV IO LVR...

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 Amount: $1,600,000 Refinance of investment property, refinance of land loan and...

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 Prime Risk fee for LVR categories above 70% – will be retained as...

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 reflect our commitment to providing you and your customers with...

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 for different reasons, varying appetite and hence every lender...

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. With no/limited presales or servicing required, the product aims to...

We find lending solutions for all types of client scenarios. Here is a recent scenario where Funding helped borrowers complete construction. Is this a similar situation your clients are in? Client ScenarioThe borrowers required funds to purchase a new home while...

Customer: Individual Loan Amount: $508,000 Financial Challenge: A client with seven separate loans faced recent arrears within the pastsix months and had a credit score of 25. VMG's Approach: Four non-conforming lenders declined the request due to...

Referring is so easy! All you need to do is spot your client's need for a life or health insurance review and refer your client to AIA Financial Wellbeing using the AIA Financial Wellbeing Referral form and they'll do the rest. Resources and further info...

There will be changes to the Intermediary Agreement (the Agreement) with the Commonwealth Bank of Australia, to take effect from early February 2024. These changes are to support the implementation of our new commission platform, CommRem, and fall within the...