Low Doc Loans – Could this be the end?

Low doc lending over the last 18 months has tightened significantly. Lenders are increasingly making it harder for self employed borrowers who do not have full financials to borrow. Some of the new changes of low doc loans are as follows; 1 year BAS statements required for loans that borrow between 60 and 80 percent of
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Home Loan Lending Tightening Up!

March 23, 2009 First Home Buyer, Home Loans, Mortgage Scenarios by Administrator

Home loans are becoming more difficult to get as lenders are tightening their lending policy.

Banks Revising Their Hardship Policy For Home Loans

March 19, 2009 Home Loans, Mortgage Scenarios by Administrator

Due to the economic down turn, Australia’s major banks are revising their policy for home loan customers that are experiencing financial difficulty. The banks are looking to extend their repayment holiday policy. This means that a customer experiencing financial hardship will not have to make mortgage repayments for the specified term. However, the intrest on
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Mortgage Insurance – What Is It?

March 6, 2009 Home Loans, Mortgage Scenarios by Administrator

The cost of lenders mortgage insurance, when it is paid and how each lenders permium differs.

Mortgage Lenders Tactics – How It Costs You!

January 20, 2009 Home Loans, Mortgage Scenarios by Administrator

I have been in the mortgage industry for a number of years now and the tactics lenders employ make me think twice about which are the most reputable. I would like to share some of my insights on how the banks and other lenders manipulate interest rates to gain your business and cost you more
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Category: Mortgage Scenarios

Low Doc Loans – Could this be the end?

Home Loan Lending Tightening Up!

Banks Revising Their Hardship Policy For Home Loans

Mortgage Insurance – What Is It?

Mortgage Lenders Tactics – How It Costs You!