Sentences with phrase «into lending qualification»
«In addition to providing more information, it could provide an insight into lending qualification practices,» Baker said.
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The head of Australia's largest agricultural lender, National Australia Bank's Khan Horne, says the rural property market is running hotter than ever before because of strong fundamentals and low interest rates but, with a royal commission into banking, he is calling on tighter qualifications for anyone lending to farmers to avoid failures and receiverships that have tainted the sector.
The relationship - based nature of private lending, facilitated by a local North Bay mortgage broker, offers advantages such as easier qualification criteria that can take into the specific situation of a homeowner, which also offers a shorter approval process.