Banks tighten credit assessment policies
- 20
- Feb
- 2018
- Posted byadmin
- inArticles, Homepage
- No Comments
NAB has made a change to its home lending policy amid concerns over the rising household debt to income ratio and as APRA zeroes in on loan serviceability. From Friday, 16 February, the loan to income ratio used in its home lending credit assessment has been changed from 8 to 7. “Regulatory bodies have raised […]
Continue Reading...