Owner occupier law alter could hit 100,000 debtors. Around 100,000 owner-occupier mortgage loan applicants currently reclassified as associates.
29/10/2021
Owner occupier law alter could hit 100,000 debtors. Around 100,000 owner-occupier mortgage loan applicants currently reclassified as associates. The modification implies they may be reach with higher percentage of interest as time goes on. The bank regulator, the Australian Prudential Regulatory power (APRA), has evolved the definition of buyer lending and tightened up the meaning […][...]