Just thought I’d let everyone know that Gemworth (GE) have a new Maximum Loan Amount Policy and have lifted maximum loan amounts for Full Doc & Lo Doc loans and have also lifted Maximum Borrower Exposure for multiple loans.
This is effective from 16/5/05.
State Manager
0425 358 293Wholesale Mortgage Lender that deals only with brokers.
20 years in Finance Industry
I also noticed that RAMS now have an additional mortgage insurance company on their panel, ie a third one. So this may help people maxing out.
Terryw
Discover Home Loans
North Sydney
[email protected]Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
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