All Topics / Finance / Mortgage Insurer Lifts Maximum Loan Amounts

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  • Profile photo of pfsfinancepfsfinance
    Member
    @pfsfinance
    Join Date: 2004
    Post Count: 171
    May 18, 2005 - 9:33 am

    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 358 293

    Wholesale Mortgage Lender that deals only with brokers.

    20 years in Finance Industry

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    May 18, 2005 - 12:28 pm

    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 Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

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