Non-bank vows not to change investment lending

A non-bank lender has promised there will be no changes to its investment lending policies, despite the recent crackdown to slow growth in lending to investors

News

By

Liberty Financial has promised there will be no changes to its investment lending policies, despite the recent crackdown to slow growth in lending to investors.

The non-bank will continue to offer up to 95% LVR on all investment loans, with no price differentiation or investment specific restrictions.

Liberty’s national sales manager, John Mohnacheff says this proves the non-bank’s commitment to brokers, but doesn’t sacrifice their commitment to prudent lending. 

“Our commitment to brokers for their investment needs has never been stronger and is matched by our commitment to prudent underwriting policies and responsible lending practices,” he said.

“We’ve seen a significant increase in applications from brokers who value sharp pricing, innovative products and superior service from their lenders and we will continue to offer genuine support to brokers who partner with us for their customers’ investment needs and much more.”
 

Keep up with the latest news and events

Join our mailing list, it’s free!