Weekly Kath's Credit Crunch 7th April 2025 🌟

💡 Say hello to our 2025 Educational Sponsor: MSquared Capital Learn more HERE

We’re thrilled to welcome MSquared Capital as an Educational Sponsor for 2025!

If you’re looking to expand your lending toolkit beyond the banks, MSquared is one to have on your radar. They’re a private lender offering First and Second Mortgages on a wide range of security types—including residential, commercial, industrial, and even residual stock.

What we love about MSquared is their flexible, common-sense approach to lending. They get that not every deal fits neatly into a bank’s box—and they work with brokers to find smart solutions, fast.

As part of their sponsorship, they’ll be sharing helpful insights, real-life scenarios, and educational content to help you feel more confident navigating private lending options for your clients.

We’re so excited to have them on board and can’t wait to bring you more broker-focused value together throughout the year.

Reminder: HEM Quarterly Update 

From Monday 7 April, the quarterly HEM will be effective in line with the latest data provided by the Melbourne Institute.

ME Bank

50% depreciation add back now available for self-employed (increased from 30%)

What they need to provide:

• The two most recent years of lodged personal and business tax returns (the latest should be within 18 months).
• Their most recently issued personal Notice of Assessment (no older than 18 months).
• The last two years’ financial statements (again, within 18 months), or just one if the latest financial statement already covers the previous year’s figures.

ME cash out policy makes accessing funds easier for loans up to 80% LVR.

With just three simplified categories and higher limits before supporting documents are required, your clients get more flexibility with less paperwork.

Cash out limits without documentation:

1. Residential property, motor vehicle, etc.: No limit
2. Renovations (cosmetic/non-structural, e.g., landscaping, pergola, granny flat): ≤$750,000
3. Personal use (e.g., travel, wedding, furniture, redraw): <$200,000

SMSF Training with Better Mortgage Management

BMM SMSF Workshop:

• Topic: BMM SMSF Workshop
• Date: Monday, 7th April, 2025
• Time: 2:00 pm - 3:00 pm (QLD/ NSW/ ACT/ VIC/ TAS) / 1:30 pm - 2:30 pm (NT/ SA) / 12:00 pm - 01:00 pm (WA)

https://us02web.zoom.us/meeting/register/01YlCFzkR5COhN02XKnW-w

Firstmac
Learn more about the Firstmac SMSF residential product, designed to impress with its low costs and seamless submission process.
Time and Date: This will take place on Thursday April 24th from 11:00 am - 11:45 am (QLD time).
Register:
https://events.teams.microsoft.com/event/e50b17a1-2587-4437-b2fb-1aa178ca662a@3f4f8ab3-d643-404c-b233-6cc940a056a7?lid=1y8u3nfbolkn&utm_source=automation&utm_medium=email_mkt&utm_campaign=2025-04-07-Bespoke-Webinar-series-2025-Apr&utm_content=Home%20Intro%20and%20Process%20Webinar%20November

 Pepper Money

With all our recent policy changes and product diversification, it’s no wonder we are helping more of our broker’s customers succeed through our real-life approach to lending.

Join us online for 3 educational webinars throughout the month of April to supercharge your understanding of our diverse product offering!

In these webinars you can expect to:

• Learn about our Commercial Cascading Product Model, and gain a deeper understanding of our 3 trending security types - VACANT LAND - NDIS - BOARDING HOUSES

• Learn about our Residential cascading product model. Receive an update on any new Residential Policies. Unpack our servicing niches to maximise borrowing capacity. Learn directly from our Senior Credit team on how they analyse PAYG income and how this translates to the serviceability calculator.

• Learn everything there is to know about our Personal Loan product which includes NO FEE's and loan sizes up to $100,000.00!!

Secure your spot to find out more and open up opportunities.

See you next week!

Kath