PHOTO: Heading out to a buck’s night? It could have an impact on your mortgage application. Photo: iStock
Mortgage brokers are warning clients to prepare themselves for some highly intrusive questions from banks in the wake of the banking royal commission.
Brokers have reported far more personal questions being asked as banks have toughened their criteria for lending to Australians.
Pro Solution Private Clients associate director Jodi McKeown said she, and others in her business, had begun warning clients to expect banks to question spending, including those things that might leave people being upset.
“It’s definitely gotten worse over the past six months or so,” Ms McKeown said.
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