The Lender needs to value my property – why, what does this mean? Article by Patrick Lynch, Head of Operations There has been plenty of recent talk – when isn’t there – about the property market, particularly about the rebound in values in Melbourne and Sydney since the election, changes to interest rates and serviceability […]
Getting the most out of bank valuations
Mission accomplished – how we settled a tough loan
Article by Patrick Lynch, Head of Operations Sometimes, an application can really challenge a knowledgeable Broker and support team. Here’s a recent example where under tough circumstances we still managed to secure a great outcome for our client. The Application The Client was an Australian couple, citizens living overseas and earning foreign income. Not uncommon […]
How long does it take to get a home loan?
Article by Patrick Lynch, Head of Operations Previously, when we discussed the near-perfect application, a 15-day turnaround from submission to settlement for a refinance was a great outcome. But most applicants won’t have the same experience; no two borrowers (or strategies, Lenders, etc.) are identical. Generally, it can take about 4 to 6 weeks […]