ANZ OO Interest Only LVRs

Discussion in 'Loans & Mortgage Brokers' started by Tom Simpson, 7th Feb, 2017.

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  1. Tom Simpson

    Tom Simpson Well-Known Member

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    Another lender tightening up on interest only lending.

    I received an email today advising 90% max for new lending OO and 80% for OO refis.

    I think we're going to continue to see this sort of move from the mainstream lenders over 2017. It's good news for the smaller niche lenders as there are still some really good policies around if you know where to look.
     
    Tom Simpson, 7th Feb, 2017
    #1
    albanga likes this.
  2. Redom

    Redom Mortgage Broker Business Plus Member

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    Redom, 7th Feb, 2017
    #2
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