ANZ has just announced that they will amend their assessment rate from 7.25% to 5.5% and their Sensitivity Margin from current 2.25% to 2.50%. Effective 15 July 2019. You could potentially borrow $100,000-$200,000 more with the same income you have.
Finally the great news came through today. Stay tuned for the banks announcing their new assessment rates very soon! And let’s hope it’s no more than 2.5% over the actual loan rate… 5 July 2019 The Australian Prudential Regulation Authority
Deciding where to go for your home loan is one of the most important decisions you’ll make. While many prospective property owners will choose to use a mainstream lender, non-bank lenders also have their advantages. What are non-bank lenders? Essentially,
