PCL Blog

Private, Commercial, Development, Business and Property Finance

Real life self-employed customers we can help

This is Elsa, a real life borrower who achieved her goal with an alternative home loan solution. Elsa had worked really hard to get her personal training business up and running. Things were going well and she was feeling ready to buy her own place. But because she’d only been in business 6 months, her…
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Are you paying too much for your business finance or home mortgage?

In Australia we have a competitive finance industry and have a rich variety of finance deals available from many different lenders. Are you confident that you have found the best loan deal on the market? You could well be paying more than you need to for your business or home loan. Many Australian homes and…
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ROYAL COMMISSION

With the second round of the ROYAL COMMISSION INTO FINANCIAL SERVICES public hearings due to commence on 16th April, it is important to be mindful of the issues already raised. Much of the media reporting so far has been on the role of the mortgage broker. In the eyes of the public (and some of…
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One in three people are unable to obtain a loan as a result of credit tightening policies implemented by lenders

One Sydney-based Business Development Manager and former mortgage broker Hank Hong, says that one in three clients are unable to obtain a loan as a result of credit tightening policies implemented by lenders. “It’s [credit tightening] affected servicing and how much you can actually lend based on incomes,” Mr Hong said. “Certain offers that they…
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Research reveals high satisfaction with mortgage brokers

New independent research has revealed most people who have sourced mortgages through brokers are satisfied with almost every aspect of the transaction. The Finance Brokers Association of Australia (FBAA) commissioned the research project through finance industry researchers MyNextAdvice to gauge the level of satisfaction with clients who had settled on mortgages obtained through FBAA members.…
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Mortgage Brokers increase competition and choice, driving lower interest rates

A Deloitte Access Economics report released 24 July, 2018 has found that mortgage brokers drive more competitive mortgage pricing, provide valuable services and greater choice for consumers. The average mortgage broker has access to 34 different home loan lenders, and of these they use an average of 10 lenders to settle loans based on their…
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Research reveals high satisfaction with mortgage brokers

New independent research has revealed most people who have sourced mortgages through brokers are satisfied with almost every aspect of the transaction. The Finance Brokers Association of Australia (FBAA) commissioned the research project through finance industry researchers MyNextAdvice to gauge the level of satisfaction with clients who had settled on mortgages obtained through FBAA members.…
Read more

Mortgage Brokers increase competition and choice, driving lower interest rates

A Deloitte Access Economics report released 24 July, 2018 has found that mortgage brokers drive more competitive mortgage pricing, provide valuable services and greater choice for consumers. The average mortgage broker has access to 34 different home loan lenders, and of these they use an average of 10 lenders to settle loans based on their…
Read more

Looking for financial solutions that work for your business?

PCL Money offers a personalised service and professional staff which ensures that you will you get the best financial deal possible for your business needs. We take time to understand the nature of your operations and suggest packages that save you time & money. Our comprehensive range of products & services means you can consolidate…
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Should you use a bank or a finance broker?

The banking royal commission has drawn attention to some serious problems between the banks and their customers. Evidence to the Royal Commission has shown patterns of illegal behaviour by financial institutions. Last month the corporate regulator ASIC revealed banks and others in the financial services sector would have to refund up to $850 million that…
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