Finance Blog

Mortgage Brokers Need To Get Smarter

As the banks are making it harder to get mortgages approved some mortgage brokers are complaining while other mortgage brokers focus their efforts on being smarter. We fall into the second group – we have focused on getting smarter. What Do We Mean By Getting Smarter? When you are getting a mortgage or a mortgage
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Westpac Introduces Fees New For Loan Restructures

Today Westpac have introduced a re-documentation fee of $170 which will apply for those transactions that require new loan documentation or changes to their lending facilities of a “significant nature” where there is no new lending involved. The fee again reflects the time involved in attending to these requests. As mortgage brokers we have just been
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