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Understanding CommBank’s broker policy

CommBank has been made aware of the use of Sherlok by Residential Mortgage Brokers. CommBank is aware of brokers providing delegate access / Commbroker login to Sherlok in order for Sherlok to obtain access to their repricing tool. In adding a Delegate, Brokers are...

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Understand Resi’s Monthly LMI Options  

Resi has been offering a monthly Lender Mortgage Insurance (LMI) option for some time, in addition to the traditional upfront LMI. Many of you may be familiar with this option, so instead of revisiting the basics, Resi would like to explore some of the lesser-known...

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Boost Your 2025 Success with VMG

VMG is back and ready to make 2025 your most successful year yet! 🚀 Here’s why brokers trust VMG to deliver results: ✅ Servicing buffer at 2% on VMG loans and flexible buffer on OFI loans ✅ No credit scoring ✅ Full Doc with 2 BAS, management...

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Teachers Mutual Bank Limited latest update

Teachers Mutual Bank Limited has made some changes to their product and fees. The  following applies to all of their divisions: Firefighters Mutual Bank Health Professionals Bank Teachers Mutual Bank UniBank Interest Rates Please click here for their...

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Securing bridging finance with Assetline

Assetline is now offering bridging finance up to $10m.
 A bridging loan gives borrowers the flexibility to purchase a new property before they sell their existing property. 

 In a competitive market, this could be the difference between purchasing their ideal...

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Household Capital launches new application form

Household Capital is thrilled to announce the launch of their new and improved application form, designed from broker feedback and efficiency in mind. This launch represents a significant step forward in streamlining their processes and enhancing the brokers and...

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Brighten Home Loans launches Brighten Land  

Brighten is excited to announce the launch of Brighten Land, their new vacant land product, developed in response to valuable broker feedback. At Brighten, they are always looking for ways to support your business growth. This latest offering directly...

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ME Bank simplifies home lending process 

ME Bank started enhancing their Verification and Validation (V&V) procedures since Monday, 9 December 2024. These changes aim to improve their ability to support customers with their home lending needs. Here’s a summary of the updates: Cash Out...

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