Lender

Major bank overhauls assessment process

by Charbel Kadib • 3 Jun 2020

A big four bank has bolstered its assessment team and will prioritise “sensitive” loan applications to address a... READ MORE

by Annie Kane • 2 Jun 2020

The bank has become the second major lender to offer customers the option to switch to interest-only repayments, or... READ MORE

by Hannah Dowling • 1 Jun 2020

The major bank has announced that it will extend the maximum loan term on business loans under $1 million to 30 years. READ MORE

by Reporter • 29 May 2020

The Federal Court has declared a number of loan contracts entered into by a lender “void” after finding that the... READ MORE

by Malavika Santhebennur • 29 May 2020

Newcastle Permanent has introduced a new process to enable verification of identity to be completed through a video... READ MORE

by Annie Kane • 28 May 2020

More borrowers are looking at refinancing to take advantage of short-term gains such as immediate cash flow rather than... READ MORE

by Malavika Santhebennur • 28 May 2020

Loan Market executive chairman Sam White has commended brokers for adopting digital home loan processes quickly during... READ MORE

by Wisr • 27 May 2020

Promoted by Wisr Wisr has increased the maximum household loan amount, from $50,000 to $100,000. The increase will... READ MORE

by Charbel Kadib • 27 May 2020

A non-major lender has announced changes to its pre-approval process to address a spike in its turnaround times amid a... READ MORE

by Reporter • 27 May 2020

The non-major bank has temporarily revised its serviceability policy in response to heightened credit quality risks... READ MORE