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Gay marriage and the broking industry: Time to get it right

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Australian Broker | 06 Sep 2013, 08:00 AM Agree 0
While a client's sexual orientation should never come into a lending transaction, many LGBTI individuals and couples feel uncomfortable approaching brokers
  • Broker Tony | 06 Sep 2013, 09:28 AM Agree 0
    I have never done a loan for a gay couple but would have thought you tick the 'de facto' box and they should be assessed as a couple rather than 2 singles. Discrimination is supposed to be illegal in Australia so I can't see any of the banks risking bad publicity or court over this issue. Of course I could be wrong...........
  • Matt | 06 Sep 2013, 09:29 AM Agree 0
    I do not support gay marriage; however, I have done loans for a lesbian couple and treated them the same as any other. Most brokers would be professional enough to treat them equally and without prejudice.
    I do not believe this is a satisfactory argument to support his view.
  • Matt | 06 Sep 2013, 09:30 AM Agree 0
    I do not support gay marriage; however, I have done loans for a lesbian couple and treated them the same as any other. Most brokers would be professional enough to treat them equally and without prejudice.
    I do not believe this is a satisfactory argument to support his view.
  • Stephen Dinte | 06 Sep 2013, 10:55 AM Agree 0
    In over 19 years as a broker, I have never had an problem with loans for non hetro couples. It never ceases to amaze me that people can even raise this topic as an issue. Sometimes I think "specialist" brokers use this topic to garner some advertising for themselves. As "Matt" has commented, professional brokers don't judge. Sexual orientation is not one of the four "C's" of lending.
  • MelbBroker | 06 Sep 2013, 01:09 PM Agree 0
    I have done many loans for gay couples and it's never been an issue. They are considered de facto and treated exactly the same way as straight couples by all the lenders I deal with. Still, there are many other areas where they are denied equal status. Here's hoping that changes soon.
  • Jasonb84 | 06 Sep 2013, 04:48 PM Agree 0
    Im a gay person, and the problem is that many same-sex couples believe that "defacto" only applies to heterosexual couples. So as a result many same-sex couples believe they are being excluded and discriminated against. I would suggest that money lenders and loan providers make sure that same-sex couples understand that they are classed as "defacto". If there was marriage equality for all couples then this would not be an issue as everybody knows what a spouse is.
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