Posted Wednesday, 08 February 2017 at 15:09 by Shape Home Loans
Tagged: APRA lending laws | Loan for investor | Investors | home loans
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Bankwest has announced they will stop all investment refinacne loan effective Friday 3rd Feb 2017.
This is due to Bankwest and CBA exceeding the APRA lending law cap on investment loans.
The next round of APRA round will be around May and we expect westpac, NAB, Suncorp and ING to make some changes to their investment policy as well.
Please take out Equity NOW.