YBR Voice
Think of ME for your clients’ next home purchase
A recent Helia report reveals a significant rise in homebuyer sentiment towards lenders mortgage insurance (LMI). This year, over half of all purchasers (55%) in the study used LMI to buy their property, up from 36% last year. Despite the First Home Buyer...
Self-employed? How to protect income and super
Cash flow is often an issue for self-employed clients. So understandably, making regular super contributions and paying insurance premiums may not be a high priority. But they should think about what might happen if they were unable to work for an extended period...
Changes to AMP Bank’s Rental and bonus income shading
Unlock more borrowing power with changes to AMP’s Rental and bonus income shading Bonus income shading policy to be changed to be uncapped at 20% over 1 year. Changes to the treatment of rental income shading policy have been introduced across various...
Did You Miss These Updates to Resi Essentials?
Resi would like to cover off on a few recent improvements to their Resi Essentials Policy that they feel deserve an extra mention. Introduction of a 95% Option for Prime Full Doc Investment and Interest Only Resi is now offering a 95% LVR option for Prime...
Empowering Clients to Achieve Financial Stability
At VMG, they understand that each client's financial journey is unique and often filled with challenges. Their commitment to delivering personalised financial solutions enables them to support clients even in the most difficult situations. This case study...
AMP Bank reduced documentation requirements
For Credit Assessment, self-employed customers are now only required to submit: That your customer has had an established ABN for a minimum of 2 years 1 year tax returns (most recent) and Notice of Assessment for individuals (sole traders, directors or...
OnDeck launches new broker offer
OnDeck broker commission and prize draw incentive OnDeck, specialists in small business loans, are offering increased commission (up to 6%) on subsequent loans settled by 31 August 2024. For each loan settled eligible brokers will also receive one entry into...
NAB helps your clients achieve their goals
NAB, as the Bank behind the broker, is dedicated to supporting brokers and self-employed clients as they navigate the evolving landscape of life’s circumstances. They are committed to assisting you in identifying the most suitable home lending solutions for this...
Bankwest’s Foreign Income policy has landed
Here’s what’s changed: · Foreign income from overtime, allowances, commission, incentives, and bonuses will be accepted in servicing. · Bankwest will use the AUD tax rate for all...
Prime Capital launches Prime Approve for instant online loan approvals
Prime Capital is excited to announce a game-changing new service for brokers – Prime Approve. In a marketplace cluttered with ‘quotes’ and ‘indicative’ pre-approvals, they are setting a new standard of ease and speed. Fast & SimpleWith Prime Approve,...