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  • As a blog style website there is only historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent any lenders who may be historically referred to within this website.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.

Westpac Home Loan Offer Pack Changes

Westpac has launched a changed Consumer Mortgage Loan Offer Pack (incorporating Loan Offer, Mortgage Documents and Authority Forms). The Loan Offer Pack has a changed look and feel reflecting Westpac's desire to be simpler and clearer, and to improve the customer experience.

The Loan Offer Pack is also now smaller than previous offer packs for the customer to complete.

  • Reduction in number times customer has to sign: Customers will now see a reduction of the number of times they need to sign a loan offer (down from 7 to 3 for a variable home loan);
  • Reduction of pages - On average the pack will now be reduced from 76 pages to 47 pages,
  • Generic terms and conditions have moved into the You and Your Loan booklet;
  • A number of forms and authorities have been combined into to one new Loan Authority, tailored to the number of borrowers and type of loan with only a single signature required by each customer.
  • You and Your Loan booklet has a colour cover, a changed designed to be easier to read
  • Customer copy documents are provided in a ‘Home Loan Made Easy’ Folder designed to enhance the appeal of the Loan Offer.