💛☕️ BDMs, this one’s just for you

I’m running a live walk-through of The Brokers' Bible to show how it becomes your voice in the room, talking up your amazing policies even when you can’t be there. Grab a coffee, round up your BDM besties, and let’s make it easier for brokers to find your niches, match scenarios to policy (not just rates), and land right-first-time, one-touch approvals.

When: Wednesday 9 October, 11:30am (AEST)
Where: Live webinar
Register: 👇👇👇👇

REGISTER HERE

We love our BDMs, but we know you’re stretched — so help us, help you. The more BDMs, the merrier. 🚀

Kath 💛

🔦 Go Flexi — Powered By Pepper Money

Commercial Increased LVR's:

• Mixed use up to 80% LVR

• Boarding house (<10 rooms) up to 80% LVR

• Childcare centres up to 70% LVR

• SMSF loans — a market first Residential: Borrow up to $1m with a 90% LVR on residential securities for Full Doc loans — all with no LPF

🟣 Bendigo Broker

HELP/HECS debt repayable within 12 months

• When a HELP/HECS debt is scheduled to be repaid within the next 12 months, and is contributing to negative NDI, the application can be submitted for approval as is (repayments included and broker notes required).

HELP/HECS debt in DTI

• A HELP/HECS debt will no longer be included in the DTI calculation.

• Note: the outstanding balance and repayments are still needed for the application.

A shout-out to highlight their amazing policies:

• Did you know Bendigo Bank do this??

  • Accept one year of self-employed financials under our standard Credit Policy (available for all LVR tiers).

  • The minimum ABN registration and trading period is just 12 months!

🔵 Resimac

Secured Business Loans are short-term commercial loans designed to move with the pace of businesses, giving your clients flexible funding options when timing is critical. Whether they're navigating cash flow challenges or bridging gaps between funding, we've got you covered.

Secured Business Loans are perfect for time-sensitive opportunities like property purchases, refinancing, debt consolidation, investments, or covering operational costs. We're here to help you empower businesses to stay nimble, act on opportunities, and keep their focus where it belongs — on growth and success.

Key features at a glance:

• Loans up to $5 million³

• 6–60 months loan term⁴

• LVR up to 75% (residential properties) and up to 70% (commercial properties)

• Repayment options: P&I, IO & prepaid interest (up to 12 months)

🔵 ANZ

• Reminder the $2K cashback is ceasing 30th September (next Tuesday) — get your apps in by COB.

• Eligible first home buyers who take out an ANZ Home Loan of $250,000 or more can receive the First Home Buyer Bonus of $3,000*. This bonus can be used on moving costs, connecting services, or helping them get ahead on repayments.

• To find out more about the offer and how eligible customers can claim, visit the Broker Portal.

🟠 ING

Cashback Offers Extended and Simplified

• Great news! Our $1,500 refinance cashback offer has been extended to 31 December 2025, and we’ve made it easier for your customers to qualify.

🟤 Granite

Our Easy Refi process already makes moving to a better loan faster and simpler. Now, we’ve removed the need for income verification documents completely, by using available Comprehensive Credit Report (CCR) data to verify a client’s ability to repay their loan.

Income verification:

• We no longer require additional income verification docs for Easy Refi applications.

Loan being refinanced:

• Whenever the relevant loan’s data is available on the client’s CCR, brokers only need to provide the client’s most recent loan statement.

• A year’s worth of statements will still be required where loan performance data is not available via the CCR.

We expect this to result in big efficiency gains for clients refinancing. Rather than needing to verify income and provide 12 months of loan statements as under our previous policy, we’re using CCR data to deliver faster and more efficient refinancing for your clients.

Further Granite Updates

• Full-time Permanent — Tenure in current role reduced from 6 months to 3 months; removal of probation restriction

• Part-time Permanent — Tenure in current role 6 months; removal of probation restriction

• Casual Employment — Tenure in current role reduced from 12 months to 6 months

• Second Job — Tenure in current role reduced from 12 months to 6 months

• Fixed-term Contract — Tenure in current role reduced from 6 months to 3 months (minimum remaining contract term remains 3 months)

• Self-Employed trading period — Minimum trading period increased from 18 months to 24 months

• Overtime — Minimum evidence period reduced from 6 to 3 months

• Shift allowance — Minimum evidence period reduced from 6 to 3 months

• Income protection & TPD income — 100% accepted where Origin considers the benefit to be a stable income source

• Notional Rent — The minimum living-at-home rental allowance decreased from $650 p.m. to $500 p.m.

🟢 CBA

For non-trading companies where income is not being used. Where we would previously consider all company liabilities, you no longer need to include the commitment in the servicing assessment where:

• A non-trading entity holds no liabilities, or

• It can be verbally confirmed with the borrower that the non-trading entity’s rental/investment/dividend income is able to cover its liabilities.

What’s changing effective 1 October 2025

• For new Home Seeker applications that receive a system-approved outcome, a conditionally pre-approval letter will be issued immediately, and a full assessment will be completed after the customer has found a property.

• For all other outcomes, the application will proceed to full assessment as usual.

• Once your customer has found a property, you can edit and resubmit for full assessment.

🟢 Great Southern Bank

Guarantor Loans Uplift — more flexible
We’ve updated our Credit Policy to help more of your customers purchase an investment or owner-occupier home, without a full credit assessment of the family guarantor.

• They will not need to meet our genuine savings requirement or have a cash deposit.

• Plus, they have the option to borrow up to 7% on top of the property's value to help with expenses like stamp duty, legal fees, and bank fees.

Conditions apply. Visit our Family Guarantor page on the Broker Portal and refer to our latest Credit Policy for details.

🔵 Bank of Melbourne / Westpac Group

Apportioning of undistributed profits.
From 29 September 2025, Westpac will offer the option to nominate how much of a company’s undistributed profits will be included in the serviceability assessment. This adjustment is capped at the maximum amount the company is allowed to distribute depending on your client’s ownership percentage. If you do not nominate an amount, we will use the maximum amount available.

Impact to you and your business.

• ✓ Optional: You can choose whether or not to apply this feature, depending on your client’s situation.

• ✓ No changes: Existing calculations and eligibility remain the same with the Broker Serviceability Calculator.

🟣 ME Bank

Effective Monday 22 September 2025.
Eligible Temporary Residents & Visa Types: Skilled migrants on a 491 regional visa are now eligible for lending, provided their visa is valid for at least 12 months and LMI is not required.

🟠 Bizcap

• Funding from $5K to $7.5m on a single transaction.

• Perfect for short-term bridging finance.

• Must have a strong exit strategy.

⚫️ Go Beyond By LMG — Powered by Think Tank

Commercial Lease Doc

• Increased the maximum loan amount to $4M

• Introduced $3M tier for populations >20K

• Reduced the ICR to 1.25:1

• Rental income definition now adjusted to Net Rent

Commercial Quick Doc

• Increased maximum loan amount to $4M

• Child Care Centres will now be treated as a standard commercial property, eligible for Commercial Full Doc, Commercial Mid Doc, Commercial Quick Doc, Lease Doc and Commercial SMSF

🟡 Bankwest

HECs exclusion policy
From 1 October 2025, customers who fail serviceability due to a HECs liability may be eligible to have the HECs repayment excluded from servicing if the debt is expected to be repaid within the next 12 months.

Eligibility is based on the following:

• The application fails servicing with HECs included

• The HECs debt is projected to be repaid within 12 months

• Servicing passes once the HECs repayment is excluded

• No other exceptions are being requested (e.g., 1% refinance assessment)

Notes:

• You are required to continue to submit all liabilities in ApplyOnline including any HECs debt, and our system will automatically calculate eligibility and refer your application to Credit Decisioning for manual review and approval.

• No action is required from you to request the exception or provide evidence via Serviceability Calculators. If servicing fails and the HECs exclusion hasn’t triggered, you may request it to be applied.

• However, if the application doesn’t meet the criteria (e.g., income validation changes or repayment period exceeds 12 months), it won’t be eligible.

• If the HECs limit needs to be amended after submission, supporting evidence will be required.

🟡 Suncorp

• HECS-HELP debt removed from DTI — Your customers’ HECS-HELP debt will no longer be included in our calculation for debt-to-income ratio (DTI).

• All you need to do is continue to capture HECS-HELP debt as a liability in ApplyOnline (AOL).

• You may notice a decrease in DTI for applications submitted between 22–24 September 2025 as the change took effect in AOL.