Serviceability calculations

I know this is crystal ball stuff, but does anybody have an educated view on when they think the market will cool enough so that the strict bank serviceability calculations will be relaxed?
I am going from dual income to single (separation/divorce) and need to refinance loans to one income and according to my broker, I fail the serviceabilty calcs.

 

Have you looked at multiple lenders? You can often get an extra 20-30%, assuming you have multiple IPs.

 

This question is asked on a weekly basis around here. The answer is they'll never go back to what they once were. There'll always be a little give and take as lenders appetite moves, but it won't even come close to what it was.

There are some reasonably high servicing lenders still available, it's possible you're looking at the wrong lenders for your financial profile.

 

I suppose I am trusting that my broker is looking out for me, but according to them, there is nothing I can do.

 

In many cases if the broker isn't used to multi property transactions as their standard deal, they can be unaware of the options out there. Not so much malicious intent, just ignorance to lender options.

 

Many successful investors outgrow their initial broker as they move forward with their investment journey,don't take his advice as absolute without getting multiply opinions from different brokers.

 

@Brad Goodwill, you might have some options. There's still a few niche lenders out there who have pretty generous servicing. Just confirm with your broker which were the most generous lenders she or he modelled your situation with. That will be telling.