The Value of Mortgage Broking, a report by Deloitte Access Economics has just been released. This report demonstrates the value that our industry brings to consumers, lenders and the Australian economy, by driving competition and delivering greater choice and valuable services to the Australians who need them most. The Value of Mortgage Broking report helps…
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WHAT’S MORE IMPORTANT FOR A MORTGAGE? INCOME OR CREDIT SCORE? It’s not uncommon to find a mortgage applicant with great income, but not a high credit score. Do applicants with high income and large down payments still need bad credit home loans? Mortgage underwriting is completed mainly by software The software evaluates income, credit and…
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The banking royal commission has been full of horror stories. To some extent this is not surprising. Banks undertake millions of transactions per year so it is hardly surprising that there are some shockers in the mix. The Catholic Church and the Returned Services League have provided similar front page news stories over the last…
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