https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/time_is_money.mp3Podcast: Play in new window | DownloadSubscribe: RSSWhy do some loans take 2 days, and others take 2 months? A lot of people think that getting a home loan is like getting an Uber (easy, fast, algorithmic). This couldn’t be further from the truth… Today on the podcast we celebrate our record loan application which […]
#42: Time is Money
Is now a good counter-cyclical opportunity to buy property?
How does the current downturn, compare to previous downturns? In aggregate, property values throughout Australia have been falling for about 20 months. Some markets are performing better than others, and there are of course many ‘markets within markets’, but the sharpest declines have been in Melbourne and Sydney. Over the past 40 years, national housing […]
The near-perfect application?
Article by Patrick Lynch, Head of Operations Does the perfect application exist and how quickly can an application move through the process from lodgement to settlement? In the current Lending environment, we think 15 days for a refinance (no escalations) is extraordinary. So how did this one happen? It has to start with the applicant, […]