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Finding The Right Loan, Made Easy
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Wednesday, 10 December 2008 |
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On the 1st of December Genworth, one of Australia’s largest mortgage insurers, made some significant adjustments to their Low Doc policies. These changes have made it much more difficult for borrowers requiring Low Docs to be approved for finance. As most major banks and lenders use Genworth to insure their Low Doc loans the ramifications of these changes are huge. |
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Read more... [Low Doc loans crippled]
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