Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Non-bank lender offers option to skirt LMI

Notify me of new replies via email
Australian Broker | 22 Jan 2014, 05:00 AM Agree 0
A non-bank lender has released a new product designed to open up borrowing options to clients that may otherwise struggle to get a loan.
  • not so old broker | 22 Jan 2014, 09:05 AM Agree 0
    I wonder which sale men got this past the compliance folk's "not unsuitable" test.
  • John | 22 Jan 2014, 01:43 PM Agree 0
    No LMI, but a Lenders Protection fee? Is it a certain % of the loan amount, or a fixed fee amount?
Post a reply