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Non-major halts new investment lending

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Australian Broker | 09 Feb 2017, 08:25 AM Agree 0
The lender has also introduced altered terms and conditions for existing investment loans to meet the current risk appetite
  • Bede Taylot | 09 Feb 2017, 09:05 AM Agree 0
    So as I understand it, Bankwest will not "slam the brakes on new investment lending", this only relates to stand alone investment refinancing. Am I correct?
  • Ivanhoe Broker | 09 Feb 2017, 09:26 AM Agree 0
    Hi Bede,
    It would be great if you could spend a few hours putting together a good investment deal, send through to Bankwest, and let's us know how you go. I have a feeling you will run into internal credit score issues.
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