How Westpac plans to crackdown on home buyers and investors

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davefollmer
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Rejestracja: 04 stycznia 2018, 11:38 - czw

How Westpac plans to crackdown on home buyers and investors

Post autor: davefollmer » 11 kwietnia 2018, 16:10 - śr

Hello,

Home loan applicants at Westpac will have to reveal spending on everything from pet care to tax and toiletries, under a tough new "responsible lending" regime being introduced from next Tuesday.
The nation's second largest lender, which includes Bank of Melbourne, BankSA and St George Bank, will deeply drill into borrowers' income and spending to better understand their living expenses, commitments, capacity to repay and verify documents.

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