Helen Collier-Kogtevs

What major change has Westpac made to its lending policy?

June 13, 2016

The Big 4 banks keep changing the rules and as investors it can be hard to keep up.

Sometimes, the rules bend in our favour.

This was the case recently with Westpac. As well as increasing its appetite for investor lending by increasing LVRs from 80% to 90%, Westpac has made a key change to its income assessment policy.

Westpac is now accepting Paid Parental Leave as an income source in loan applications. This could drastically change your borrowing power!

Click here to speak to a broker at Blue Ink Finance for more information.

Helen Collier-Kogtevs

Helen Collier-Kogtevs is the Founder of Real Wealth Australia, a leading education and mentoring company for real estate investors. Not only is Helen a highly successful property investor and an educator, but Helen is a best-selling author and a philanthropist. Helen is also the CEO and Co-Founder of eLINK Finance, an award winning brokerage committed to educating and supporting investors with getting the finance they need to build property portfolios. Helen is particularly passionate about helping people, especially people who are keen to create wealth and make a difference in their lives. She founded Real Wealth Australia to mentor investors to create wealth and financial freedom by focusing on helping them build an investment strategy to fit their individual goals, rather than focusing on one particular investing method using her successful property investing system.