Why Commercial Loans Can Be A Better Option Than Residential
The past couple of weeks have seen further changes to the major bank's product lines off the back of increased scrutiny following the royal commission. Tim Russell explains why commercial loans and investment might currently provide a better alternative to residential.
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The past couple of weeks have seen further changes to the major bank’s product lines off the back of increased scrutiny following the royal commission.
Recently CBA confirmed they would be stopping their low doc residential loan product and last week, WESTPAC and ST Gorge confirmed they would be calling stumps on their SMSF loans.
I think we’re going to see more of this over the coming months and it all has to do with the banks…
