Banks to extend home loan deferral period
Lenders can now provide another four months to customers with reduced incomes and COVID-19 related financial difficulties. How can brokers help their clients access this?
Broker's top honour for community project: Humans of SKY
Melbourne-based broker John Ng, owner of finance brokerage Money Jar Concept, has been recognised for his initiative that helps combat loneliness and isolation – a cause that has become all the more important during the COVID-19 pandemic
A big deal: Thuy Hook
It should have been a straightforward deal: an equity release to fund cosmetic renovations. However, a strange interpretation of credit policy left these borrowers in the lurch – which is when broker Thuy Hook stepped in to save the day
Commercial finance: What is the current state of play?
No one could have predicted the twists and turns that 2020 has delivered for the commercial property and finance market. But as we cautiously emerge from the worst of the pandemic, what does the road ahead look like for this sector?
In the hot seat: Kirsty Dunphey
When Kirsty Dunphey, director of Launceston-based Up Loans, transitioned from a career in real estate to her own mortgage brokerage, she thought it would be a simple cross-step into a similar industry. But 'it was a steep learning curve,' she says, 'and one I'm still on!'
The big issues to discuss with borrowers
Despite the economic challenges we've seen during the COVID-19 pandemic, there’s still demand for residential and commercial finance. However, Jason Fallscheer says there are key aspects of the financing process that brokers need to ensure their clients understand, now more than ever