Hi All.
I tried to use the search function to find any existing information on AMP as a lender for investment purposes, but the search engine doesn't like the term because it is either too short or too common.
Does anyone have tales, whether good or bad, in using AMP for a home loan? Our broker tells us that they don't credit score, which is great for our current situation, but I know there are many others out there that don't either. They don't add a buffer to our current loan repayments, and they have delegated underwriting authority with Genworth. Their rates are competitive against the Big4, but nowhere near as good as other lenders.
Alternatively, if there is already a thread out there with such info that someone knows of, a link would be greatly appreciated.
I tried to use the search function to find any existing information on AMP as a lender for investment purposes, but the search engine doesn't like the term because it is either too short or too common.
Does anyone have tales, whether good or bad, in using AMP for a home loan? Our broker tells us that they don't credit score, which is great for our current situation, but I know there are many others out there that don't either. They don't add a buffer to our current loan repayments, and they have delegated underwriting authority with Genworth. Their rates are competitive against the Big4, but nowhere near as good as other lenders.
Alternatively, if there is already a thread out there with such info that someone knows of, a link would be greatly appreciated.