by Merri Mansfield | May 30, 2022 | Australian Broker
Australian mortgage brokers write two-thirds of all new home loans in Australia and in 2021, a Client Experience Report by MyNextAdvice stated that 98.3 per cent of clients believed their broker had acted in their best interests and almost 99 per cent stated they... by princeville | Apr 1, 2022 | Australian Broker
It is tipped that commercial brokers’ relationships with non-bank lenders will become more significant, as companies are about to come out of the support packages extended through COVID. The government has flooded companies with handouts, (JobKeeper) and the banks... by princeville | Mar 1, 2022 | Australian Broker
Sometimes regarded as the black sheep of the borrower family, the credit-impaired are frequently overlooked by brokers, but there’s a silver lining … Credit impaired borrowers spell opportunity for brokers. Credit-impaired applicants aren’t always the high risk they... by princeville | Feb 1, 2022 | Australian Broker
2021 saw huge shifts in legislative, economic, governmental and market sentiment. And let’s not forget the cherry on top: a global pandemic. On the one hand governmental support and encouragement was provided to financial institutions to keep lending, and on the... by princeville | Nov 30, 2021 | Australian Broker
The intense scrutiny on Australia’s interest rates comes as many experts attribute record-low rates to the nation’s currently booming property market. However, there are mixed messages about whether a rate hike will occur in 2022. The Reserve Bank of... by Merri Mansfield | Nov 3, 2021 | Australian Broker
There’s some complacency “out there” now amongst people with mortgages. Findings from Aussie (which is owned by parent company Lendi Group) have found that 57 per cent of borrowers are currently not interested in or do not know if they want to refinance their home... by Merri Mansfield | Sep 22, 2021 | Australian Broker
Mortgage stress can happen at any time to good people. The usual culprits are illness, accident, divorce, separation, and job loss. But is there any reason to do anything about it if you hear about it? It’s a good question, many financial specialists have their own... by princeville | Aug 31, 2021 | Uncategorized
What then? There is a terrific amount of work that goes into having a loan application approved. Every broker knows it. You also know with absolute certainty that nasty surprises on a credit file may kill a deal, so it’s best to check first. But what if a credit... by princeville | Jul 23, 2019 | Uncategorized
It’s a common scenario. Franchisees think of a great idea to grow their business. So they approach the bank for a loan. But then they get rejected. As both a small business owner and a credit expert, this is a scenario I understand intimately. So believe me when I... by princeville | May 10, 2019 | Uncategorized
Credit repair is often portrayed as a dark art, but the concept is actually simple: once you learn the mass of relevant industry regulations, you discover the different buttons you need to push in different situations. So credit repair is actually a science, rather...
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