Credit Changes

Discussion in 'Loans & Mortgage Brokers' started by Shahin_Afarin, 19th Jun, 2015.

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  1. Colin Rice

    Colin Rice Mortgage Broker Business Member

    Joined:
    9th Jul, 2015
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    3,184
    Location:
    Perth
    Let us know what the outcome is as it was a bit vague to interpret or I probably need to go home :)

    Cheers Jess.
     
    Colin Rice, 9th Jul, 2015
    #61
  2. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    10,650
    Location:
    Gold Coast (Australia Wide)
    please folks

    BDMs are human..........


    and until a couple of deals are done, in most cases they wont be the wiser.

    Much policy and change is on the fly, one just needs to look at the latest CBA servicing calc as a good example of band aid patch work

    ta
    rolf
     
    Rolf Latham, 9th Jul, 2015
    #62
  3. Corey Batt

    Corey Batt Well-Known Member

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    14th Jun, 2015
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    2,091
    Location:
    Adelaide, SA
    ST George following suit with 80% LVR's, no surprises being Westpac's little child. This will have a strong impact on SA lender use as the BankSA brand has quite the following.
     
    Corey Batt, 9th Jul, 2015
    #63
  4. beachgurl

    beachgurl Well-Known Member

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    Location:
    Sydney
    All well and good if you don't need to finance the new purchase or need top ups for holding and infrastructure costs.
     
    beachgurl, 9th Jul, 2015
    #64
  5. Colin Rice

    Colin Rice Mortgage Broker Business Member

    Joined:
    9th Jul, 2015
    Posts:
    3,184
    Location:
    Perth
    Little child, that made me chuckle :)
     
    Colin Rice, 15th Jul, 2015
    #65
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