Kaths Credit Crunch
Monday August 19th 2024
Brokers, did you catch these important policy updates last week?
πHEM updates due to the Melbourne Institute releasing their new figures - remember to check your serviceability before you lodge this week.
πMany lenders looking to include owner occupied body corp and Strata Fees’ inside of HEM. This can have a positive uplift in serviceability.
πCommonwealth Bank have and updated policy for tax-free/ salary sacrificing income.
πBluestone Home Loans now accepting vacant land as security and have removed ‘no-lend’ areas.
A reminder for anyone looking to explore NDIS lending, last week we ran a webinar and did a deep-dive on the NDIS and NRAS lending policy with Mr Mentor. If you would like a copy of the presentation highlights, jump on and register for our upcoming events, and I'll send you a copy.
https://lnkd.in/gAdBtXuU
Have a great week ahead finance friends!
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