Important information

Please be aware of the following;

Effective Immediately Tuesday 6th March 2012 Credit License Cancellation Lodged By Us With ASIC

Ability Finance have elected to cease all credit activities covered by ASIC credit licensing for various reasons including but not limited to;

  1. Lender commission cuts over the past few years.
  2. Additional liability, workload and costs arising from National Credit Licensing
  3. Lender minimum volume restrictions which result in smaller brokers not being able to offer all options to customers.
  4. Regularly encountered inexperienced lender staff who are unaware of their own employers policies whose advice wastes both broker and customers time and resources.
  • As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.
  • No information or content contained on this site should be relied on as being current.
  • No content contained within this site should be taken as advice in any way at all.

Should you feel there is any content that should be removed from this site please contact the webmaster.
By any chance you feel specific content is interpreted as offering any credit activities by us it is to be ignored, please report to the webmaster for removal or modification.
If you are legally entitled to engage in credit activities and would like to advertise on this site please contact the webmaster.
If you would like a website developed or even to purchase this site modified to your requirements please contact the webmaster.
Meanwhile we are working hard at creating a one stop shop for purchasing high quality spray painting equipment online including an extensive range of the best spray gun models we are able to offer at discounted prices everyday right across the complete range of available spray gun models. Online spray gun prices with old fashioned personal service levels.

administrator's blog

Changes to ANZ Frequent Flyer

Effective 20th July 2009, the range of ANZ Frequent Flyer (AFF) products (AFF Classic, AFF Gold, AFF Platinum) will be changing. These changes will enable greater choice for customers and could allow them to maximise their Qantas Frequent Flyer points earn rate through enjoying uncapped earning power.
From Monday all new ANZ Frequent Flyer (AFF) customers will now receive an ANZ Frequent Flyer American Express Card in addition to the ANZ Frequent Flyer Card.
  Click to Read more..

Home Loans Ltd Product News

Great news on Balanced Home Loan credit policy

Great news for investors: Homeloans Ltd have reintroduced LVR's up to 90% (+ capitalised LMI) for Interest Only full doc loans.

Great news for first home buyers: No genuine savings required for LVR's less than 80% on full docs.

Plus other great features including:

* 100% offset
* Free redraw
* Up to $20,000 extra repayments during fixed rate period
* Bridging available

 

Homeloans Premium Click to Read more..

Balanced Home Loan

Great news for investors: Homeloans have reintroduced loan to value ratios (LVR's) up to 90 percent plus capitalised lenders mortgage insurance (LMI) for Interest Only full doc home loans.

Great news for first home buyers: No genuine savings required for LVR's less than 80 percent on full docs.

Plus other great features including: Click to Read more..

ANZ Launch ANZ Portfolio

ANZ have launched ANZ Portfolio which is a flexible line of credit that allows customers to simplify their home and investment lending under a single limit.

ANZ Portfolio provides customers with a simple way to put their equity to work by allowing the flexibility to open up to 12 Sub-accounts and the convenience of a broad choice of sub-account types and repayment options. Click to Read more..

Change to High LVR Lending

Recently, many lenders have made changes to the maximum acceptable loan to value ratio (LVR) for Home Loans.

Suncorp Bank continues to offer home loans to customers with a maximum LVR of 95 percent plus lenders mortgage insurance (LMI)

Due to the current financial environment and the additional cost to fund this loan type, an interest rate margin will now be added to the standard rate for new loans where the LVR is greater than 90 percent. Click to Read more..

Theme Refresh

We hope you like the new website theme.

Lighter fresher and much easier to read please let au know if you find anything that is not working or needs improvement.

If you have been thinking about getting your own website why not contact me Website by Wes I am very interested in helping other businesses improve their online presence.

Australian Interest Rates Drop Another 1.00 Percent

Australian Interest Rates Drop Another 1.00 Percent - Date: 3 February 2009

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY
At its meeting today, the RBA Board decided to reduce the cash rate by a further 100 basis points, to 3.25 per cent, effective 4 February 2009.
Read More

[Finance Broker News]

Preparing a Loan Application to Achieve Approval

Preparing a Loan Application to Achieve Approval - Preparing a loan application that will have the greatest chance of reaching lender approval requires careful preparation before approaching a lender. By far the easiest way for most people to apply for a loan is to engage the services of a finance broker. Click to Read more..

First Home Owners Grant as a Deposit

First Home Owners Grant as a Deposit - Yes the first home owners grant can be used as a deposit for your home loan.
There are many different lenders with policy that varies but one very important fact to keep in mind is that lenders mortgage insurance, if applicable, can vary.
We have seen variations in excess of $10,000 in lenders mortgage insurance for the exact same loan and borrowers in the past.
Click to Read more..

RBA Cash Rate Reduction December 2008

RBA Cash Rate Reduction December 2008 -

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to reduce the cash rate by a further 100 basis points, to 4.25 per cent, effective 3 December 2008.

read more

[Finance Broker News]

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