Weekly Kaths Credit Crunch 11th November
Sorry in advance for the poor quality of the video! My internet is stuffed today and after spending hours re-recording this multiple times, I am about to throw my computer out the window! Done is better than perfect.
Apollo By LMG has launched!
Powered by Athena exclusive to LMG brokers – offering progressive policies like:
- Max borrowing power: 1% and 2% buffer, $2.5M loan limit per security ($5M aggregate lending)
- Investor friendly: 95% rental income, DTI up to 8, full negative gearing, options for 100% bonus shading and 100% overtime all industries
- Expenses in HEM with only property expenses, child support & rent expense excluded
- 85% No LMI (coming late November)
- Investor non-trading trusts or companies
- Lite Doc Product
- Broker friendly clawback
Macquarie
When submitting applications from nextβ―Thursday 21 November 2024, you’ll need to share the Important Application Information webpage with your customer. The webpage explains our privacy statement, how we handle their personal information and more.β―We’ll ask you to confirm you've shared this with your customer as part of your compliance declarations in ApplyOnline.
ME BANK
Effective Monday, 11 November 2024, we will temporarily pause the acceptance of Approval-in-Principle applications for new to bank customers. We will continue to accept AIP applications for existing ME home loan customers.
Education
π¨ Free Educational Webinar Tomorrow! π¨
Join us as we dive into Exit Strategies when lodging loans for mature-aged borrowers. This session will cover everything you need to know upfront, from understanding the best lenders for these scenarios to ensuring smooth approvals. Don’t miss this valuable opportunity to enhance your knowledge and provide the best options for your clients!
π When: Tomorrow
π Register here: https://www.thebrokersbible.com.au/offers/bcpFGzha/checkout
Equip yourself with the insights that matter – see you there!
#TheBrokersBible #MortgageBrokers #ExitStrategies #EducationalWebinar #ClientSuccess
Private Mortgages Australia
Please join the team at Private Mortgages Australia as we take a look at the world of private lending heading into 2025. You'll learn:
- What other brokers are looking for from a private lender
- Why SMEs will need private lenders in 2025
- What options you have when the bank says 'no'
- When can a private lender help
- Insights into common valuation issues
Where - CPA Australia -Level 20, 28 Freshwater Place Southbank
When - Thursday 14th November 2024 9:15am for a 9:30am start. Finish at 11am
The event will consist of a 60 minute presentation plus 30 minutes of networking with morning tea provided.
Register here
Angel Finance Masterclass tomorrow:
Angle Finance Masterclass – Product Update
Get ready to supercharge your experience with Angle Finance and make the most of our competitive rates as we close out 2024 with a bang! Please join us for our Product Update Masterclass to learn about our new product enhancements and how to secure a 6.99% rate for your client!
Join via Microsoft Teams:
- Click here to join the Masterclass Webinar -
- Meeting ID: 498 505 688 928
- Passcode: XzRBEE
NOT A MEMBER YET?
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