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More borrowers headed online: Homeloans

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Australian Broker | 16 Feb 2011, 05:45 AM Agree 0
Homeloans has launched a new online product, allowing borrowers to source their home loan online without contact with brokers
  • Brad Quilty | 16 Feb 2011, 12:23 PM Agree 0
    How does an online system cover the NCCP requirements effectively "without" a verbal discussion of the customers needs and requirements. Seems like a brilliant system for fraud as well.....?
  • Spinner | 17 Feb 2011, 10:48 PM Agree 0
    Will always struggle for the very same reason real estate agents still exist. Its not something the consumer is familiar with.
  • Ozboy | 18 Feb 2011, 09:32 AM Agree 0
    Not hard to satisfy NCCP and better than verbally as it is all inputted by the client so no mistakes, the hard part is explaining it to someone with limited knowledge in the mortgage lending area but great for people who know what they are doing....much like any other online system. Can't see anything wrong with this but will add it to the list, still waiting to see one that works. Good luck HomeLoans.
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