Now that the financial year has ticked over, our Plan Assist Mortgage Advisory Team are finding client loan applications are moving faster through the banks. Instead of 30 day approval times, we are now down to 4 days or less, which is great news for purchasers.
The only downside to this is that lenders are quicker to say “no” to loans if anything is wrong. This could be one of the most challenging years in finance and most people planning on buying property in the coming year are still yet to find that out.
Its now more important than ever to talk to a professional mortgage broker – call us on 02 9449 2333.
