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Faster home loans leads to 25pc growth
Investment Property

Faster home loans leads to 25pc growth

Campbell Smyth is CEO of non-bank lender Bluestone and says using a more tailored approach coupled with latest technology can in fact speed up the approval process. Smyth says Bluestone can give conditional same-day approvals and their median time from application to unconditional approval has been 14 days for the last quarter. The approach has […]

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‘Liar loans’ on the rise as risky mortgages drive house price boom
Investment Property

‘Liar loans’ on the rise as risky mortgages drive house price boom

Australian home prices have surged almost 20 per cent over the past year, and investment bank UBS has warned that a record level of “liar loans” as buyers “chase┬áthe market” could be one reason why. Key points: A record 41 per cent of loan applications contain factual inaccuracies The most common fudges are under-representing living […]

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