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ASIC indicates mortgage brokers should be verifying borrowers' expenses

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Your Investment Property | 27 Nov 2015, 02:41 AM Agree 0
Potential borrowers should be prepared to hand over even more information during the mortgage application process, after ASIC indicated that brokers should be taking a closer look at peoples' finances
  • Investar | 27 Nov 2015, 06:16 PM Agree 0
    They should check that people can afford the loans when rates go up. I am happy to buy mortgage distress properties. However I really feel for people that are trying to provide a stable home for their families too.
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