Changes to Loan to Income ratio, Credit Policy and Loan Purpose Code

February 16th, 2018

Advantedge is committed to lending responsibly, and ensuring our customers can meet their home loan repayments today and into the future. Regulatory bodies have raised concerns about Australia’s household debt-to-income ratio, which has risen significantly over the past decade. Last year, Advantedge introduced a Loan to Income (LTI) ratio calculation for all home loan applications. From 11:59pm AEDT on Friday 16 February 2018, the LTI ratio will change.

More Info