July 1st, 2020
The Bank continues to monitor its policies and due to the impact of COVID-19 has realigned the Debt to Income ratio (DTI) from 8 to 7. These changes will be effective from 1 July 2020 across all our divisions;
Firefighters Mutual Bank
Health Professionals Bank
Teachers Mutual Bank
UniBank.
Adelaide Bank AMP ANZ Auswide Bank of Melbourne Bank of Queensland Bank SA BankWest Better Choice Home Loans Bluebay BMM CBA Connective Advance Connective Elevate Connective Essentials Connective Select Connective Solutions Citibank Firefighters Mutual Bank FirstMac Gateway Gateway Bank Health Professionals Bank Heritage Homeloans homestart IMB ING Commercial ING Residential Keystart Latitude Financial Services Lumi MA Money Macquarie ME Bank MyState NAB NAB Broker Newcastle Permanent P&N bank Pepper Money Resimac St George Suncorp Teachers Mutual Bank uBank Unibank Westpac