Finance Help - urgent

Discussion in 'Loans & Mortgage Brokers' started by Alex McDonald, 23rd Oct, 2018.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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  2. Shazz@

    Shazz@ Well-Known Member

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    Interesting- When I first started to invest, I only had contract jobs (1- 2 years). This was after a lengthy time at uni (multiple back to back degrees). My loan officer vouched for me and told the relevant departments that due to my education, I will likely not have a problem finding employment in the future. And this was a big 4 bank.
     
  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    More days of common sense than big data.

    problem is ..........big data tends to be a better predictor of outcomes than human beings, overall, while marginalising some good people

    ta
    rolf
     
  4. kaibo

    kaibo Well-Known Member

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    Interesting I was given 15 year IO only term on an IP with a Big 4 and this was in 2015 (things change over time clearly)
     
  5. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    One can still get 30 years IO oddly enough but it comes at a price

    ta

    rolf