As you know, the Royal Commission has recommended changes to the way Mortgage Brokers are paid. So how do the changes effect you? Mortgage Brokers are still paid by the banks The Royal Commission recommended Mortgage Brokers be paid by the Borrower.  However, this recommendation has not been adopted by the Government, and will be […]

Sydney Morning Herald, 11 December 2018 The competition regulator has slammed the major banks for charging loyal customers too much for their mortgages in a damning review of interest rate moves that “stifled” choice and added $1.1 billion to bank revenue. The findings send another warning to home loan customers to check their interest rates […]

  The major banks are now making it harder for you to borrow. So it’s now more important than ever to check your home loan is still competitive. It’s the same with investment loans and business loans. At Craig Tracey Lending we can quickly check your home, investment and business loans to make sure you always […]

Over the past few months, the major banks have started to closely analyse your living expenses when you are want to borrow. This means they will analyse your last six months bank statements, and this reduces most people’s borrowing capacity. At Craig Tracey Lending we have a 3 step process… Living Expenses Planner -> You complete […]

It’s now harder to borrow than ever before, so what can you do about it? The major banks are making life difficult for everyone. Whether you run your own business, or you’re a professional person, the major banks have clamped-down on living expenses and borrowing capacity. The key to borrowing these days is to work […]