APRA reaches out to major banks as housing credit picks up
The prudential regulator has asked the boards of major banks to confirm they’re maintaining a strong focus on lending ...
Property buyers will now be able to borrow more with St George, with the bank re-introducing home loans up to 95 per cent LVR (loan to valuation ratio).
The changes mean property buyers may be able to borrow up to 95 per cent of a property’s purchase price.
In addition to increasing its maximum lending, St George has also revealed it will offer a refinance rebate of up to $700 to any borrower that refinances with the bank.