Who are the lenders not affected by APRA changes?

Discussion in 'Loans & Mortgage Brokers' started by Magnet, 7th May, 2016.

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  1. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    Doesn't seem to be true. We recently financed a unit in the Adelaide CBD through Liberty at 80%.
     
    Peter_Tersteeg, 11th May, 2016
    #21
    kr11 likes this.
  2. kr11

    kr11 Well-Known Member

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    sydney
    thanks peter
    maybe that person was referring to otp apartments

    what would be their rough max exposure for lending to clients
    thanks
     
    kr11, 11th May, 2016
    #22
  3. Corey Batt

    Corey Batt Well-Known Member

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    They will do four units on a single title, so certainly not against units.

    They will lend a max of 1.5mil per loan facility. You're not likely to put that much or more exposure with them, as you'd still service with a lower servicing lender if that were the case.
     
    Corey Batt, 11th May, 2016
    #23
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