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ANZ joins the lending crackdown as brokers fear delays – ANZ is reducing its reliance on a controversial expenses benchmark used to assess borrowers’ mortgage eligibility. 30,000 mortgages from online broker Lendi found approval times for investment.
Private Mortgage Insurance (PMI) may be required for loans with less than a 20% down payment. All loans are subject to credit and property approval. Pricing may vary by state. Other rates and terms available. additional restrictions apply to Texas home equity loans. The advertised rates are based on certain assumptions and loan scenarios.
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