Westpac returns investor LVR to 90%.

Discussion in 'Loans & Mortgage Brokers' started by twobobsworth, 24th May, 2016.

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  1. Terry_w

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

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    Their rebates are ending this week - maybe they are getting full.
     
    Terry_w, 7th Jun, 2016
    #61
  2. Elives

    Elives Well-Known Member

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    ahh i see, how much is the buffer they add to the actual rate? and do they assess OFI debt and their own the same way? actual repayments / rate + buffer?

    Cheers, Elives
     
    Elives, 7th Jun, 2016
    #62
  3. Terry_w

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

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    Westpac assess new applications as PI over 30 years less the IO period

    0.19% buffer on top of everything at the end.
     
    Terry_w, 7th Jun, 2016
    #63
    Elives likes this.
  4. euro73

    euro73 Well-Known Member Business Member

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    Last edited: 11th Jun, 2016
    euro73, 8th Jun, 2016
    #64
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