Mortgage borrowers are disconcerted by bank scrutiny, it says
Banks have actively looked for reasons why they cannot offer mortgage finance rather than how they can make it work
An Auckland adviser has said he hasn’t found the banks’ pricing to be a problem or there to be a gap between rates for investor and first home buyers.
LoanPlan broker Christine Lockie has shone a spotlight on the increasing cost of funds facing traditional Kiwi investors who may not now be able to rely on incentives from the banks.
An Auckland mortgage adviser says more home owners are finding that the equity in their homes is ‘no longer a sure thing’ for bank approval
Christine Lockie from LoanPlan talks to NZ Adviser about how to develop your business.
The regulator says it failed to carry out proper due diligence and documentation checks
Leader says advisers will be crucial in planning out financial futures
It says the govt is in talks with alternative lenders, but it wants to offer the option right away