🎓 Welcome to our newest Education Partner — Paramount Mortgages & Leasing!

Why do we love them? 👉 They do things out of the box! 📦✨ Highlight VIDEO

🚀 Here’s what they bring to the table:

✅ 90% SMSF Resi
✅ 80% SMSF Commercial
✅ Alt Doc Vacant Land — Residential, Rural, Industrial, Commercial and Development Sites
✅ Specialised Commercial Securities — Lo & Full Doc — Pubs, Hotels, Childcare Centres, Boarding Houses
✅ Lo Doc Rural Working Farms
✅ Incomplete Construction
✅ Tax Debt Funding
✅ Residential 6 Month ABN
✅ Development and Subdivision (No Pre-sales)
✅ Residual Stock
✅ Lo Doc Equipment Finance

LEARN MORE HERE 

📢 Reminders & Lender Updates

🏠 Home Guarantee Scheme (HGS) Place Availability

⚠️ As EOFY approaches, here's your HGS availability update:

✅ Reservations for 2024-25 HGS remain available — but are becoming limited and may fully allocate before 30 June 2025.
✅ Submit applications before 30 June 2025 to give assessors time to process.

Prioritise clients who:
• Are close to unconditional approval
• Need extra time to obtain their NOA for FY ending 30 June 2025

Reservation Requirements:
• Clients must have a reservation in the HGS portal before 30 June 2025 to rely on:

• FY24/25 Home Buyer Declaration Form

• NOA for FY ending 30 June 2024

✅ Guarantees can be issued (and settlements occur) after this date (within expiry dates), subject to other criteria.

Post 30 June 2025:
• New reservations from 1 July 2025 require:

• Signed FY25/26 Home Buyer Declaration Form

• NOA for FY ending 30 June 2025
  (From 1 July to 31 Aug: NOA required before Guarantee issued. From 1 Sept: NOA required before reservation made.)

👉 Reach out to your BDM team with any questions.

⚠️ CBA LMI Waiver Update — Important Reminder

CBA has removed LMI waiver for Nurses & Essential Services.
➡️ This one flew under the radar!
➡️ An EDM was sent last month saying there was an update to the LMI waiver, however, the URL inks didn’t work, so no information was  updated until one of our members notified us after speaking with their BDM!

🎉 Great News — Pepper Money / Go Flexi

✅ NO LPF / LMI Super Special Extended for ANY Profession!!
➡️ No LMI, LPF, or Risk Fee up to 90% LVR promotion now runs until 24 July 2025 (previously June 4th).
➡️ Updated rate cards coming 2 June 2025.

💰 VMG Update

✅ Now accepting Child Support & Family Tax A & B — up to age 18!
🙌 WOW — very useful update for servicing!

🔄 Bridgit — How Bridging Can Help Clients Navigating Marital Separation

💔 Did you know?

Bridgit is helping families navigate divorce and separation with their flexible 12-month bridging loan product.

Brokers — this is something you need to know about. This solution can make a world of difference to clients going through one of life’s toughest transitions.

When clients are separating, finances can be tight and emotions run high — and often, clients feel trapped between needing to make quick decisions and trying to protect their family’s stability.

Bridgit’s 12-month bridging loan is designed to give them time, flexibility, and breathing space to work through the separation — without forcing rushed property decisions.

✅ Here’s how it helps:

🔸 Gives up to 12 months for both parties to work through financial agreements and property division
🔸 Interest is capitalised, meaning it can free up cash flow for ongoing living expenses — especially helpful if one party needs to move out and rent a property during the transition
🔸 Helps keep children in the family home longer, maintaining stability while legal and financial matters are finalised
🔸 Allows one party to buy out their partner’s share of the property
🔸 Enables clients to purchase separate properties, using their shared property as security
🔸 Provides flexibility to help cover legal fees and other costs tied to the separation process

It’s not just about finance — it’s about giving your clients options, space, and dignity during a highly stressful time. 🙏

For brokers, this is an incredible tool to have in your product knowledge. Your guidance can genuinely change outcomes for families going through separation.

👉 Learn more here: How Bridging Finance Can Support Clients Navigating Marital Separation

🏦 Westpac Group — Age Pension Income Update

➡️ From 28 May 2025, Age Pension income is no longer accepted for serviceability on investment purpose loans, this includes:

🚫 Purchase of investment properties
🚫 Purchase of secondary residence or holiday home
🚫 OO residence converting to IPL
🚫 Cash-out, top-up, or equity release on existing investment loans

🏡 Heartland Reverse Mortgages

➡️ Equity Protection Option no longer available on new Reverse Mortgage loans.

✅ Existing applications remain unchanged if already selected.

📝 New Inside The Brokers’ Bible!

📚 Resources Module:

✅ Formal Approval Email — NEW TEMPLATE
✅ Post Approval Email — NEW TEMPLATE

(Available to download as Word documents — ready for personalisation!)

🏠 Lending Policy Module:

Co-Living — Now being updated this week! 🎉
✅ More lenders being added to this policy already.

🎨 Social Media Kit — Reminder!

✅ June Social Media Kit has been sent to members!

👉 Remember to download both files
👉 Follow the video tutorial to customise with your own branding!

🚀 Another BIG week of broker education and updates — and we’re just getting started!

👉 Stay tuned — even more coming your way inside The Brokers’ Bible!