Amended Upfront Commission Data reporting changes – August 2020
August 4th, 2020
Further to our previously communicated changes to commissions reporting, we wish to advise we will not be removing any c
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Tag: CHL-Select
Composable Lending Platform – Back Channel Messaging and Introduction of Resubmissions
July 24th, 2020
Effective 28 July 2020 we will be integrating further enhancements and functionalities into our lending platform with th
Read moreUpdate to Maximum LVR on Construction Loans
July 10th, 2020
We will now be accepting construction lending with a 1 year interest only period up to 90% LVR inclusive of LMI (previou
Read moreChanges to Fixed and Variable Rate Offer
June 30th, 2020
Effective Wednesday 1 July 2020, we have reduced our special < 90% variable rate and increased the 2 and 3 years fixe
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COVID-19 – Interim Changes to Rental Income Verification Requirements
June 30th, 2020
As part of our response to the economic impacts of COVID-19, we are making some interim changes to our verification requ
Read moreUse of $25k HomeBuilder Grant
June 23rd, 2020
Until further notice, the Bank is currently not considering any applications that are reliant on the $25K HomeBuilder Gr
Read moreFurther Updates: COVID-19 Residential Lending Restrictions
June 22nd, 2020
We wish to keep you updated and clarify recent changes to our Residential Lending requirements as we respond to the COVI
Read moreResidential Lending Policy Changes
June 22nd, 2020
The following residential Lending Policy will be effective immediately. More Info
Read moreCOVID 19 – Temporary Additional Lending Requirements
June 10th, 2020
Effective immediately the following interim measures in response to COVID-19 will be implemented: More Info
Read moreFurther COVID-19 lending updates
May 26th, 2020
Effective immediately, the following changes will now apply, including applications awaiting formal approval. More info
Read moreResidential Lending Policy – Changes to Co-Borrower
May 13th, 2020
Changes to Co-Borrower To date, policy has required that spousal applicants be included on a loan as a guarantor, rather
Read moreCOVID-19 updates – Full Valuations
April 23rd, 2020
The Bank has approved the use of two modified full valuation methods to accommodate properties where the valuer is not a
Read moreMinor Residential Lending Policy changes – 29 April 2020
April 23rd, 2020
The following Residential Lending Policy changes are effective 29 April 2020. • Managed and Self-Managed Superannuatio
Read moreResidential Lending Policy change: Automated Valuation Methods (AVMs)
April 17th, 2020
To allow AVMs to be used more frequently, key changes will occur effective 29 April 2020. More info
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