Buyers get fresh leg-up from APRA

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First home buyers have been given a leg-up into the property market after the prudential regulator signalled the end of lending requirement that saw all borrowers assessed against their ability to repay a loan at 7.25 per cent.

This article looks at what the APRA did and how it may affect you. The australian prudential regulation Authority (APRA) has recently made changes. Established in 1998, the APRA oversees many of Australia’s biggest financial institutions. This includes most of the banks and lenders that you get home loans from.

Buyers get fresh leg-up from APRA Australia’s first home buyers have been given a boost after the regulator signalled the end of a hurdle that had all borrowers assessed against their ability to.

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Buyers get fresh leg-up from APRA Some positive news for first home buyers and borrowers. Australia’s first home buyers have been given a boost after the regulator signalled the end of a hurdle that had all borrowers assessed against their ability to repay a loan at 7.25 per cent.

Churchill Mortgage’s ‘pre-underwriting’ program helps homebuyers compete ‘Certified’ buyers get a head start on securing funding and may have a leg up with sellers by Gill South Staff Writer

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