Support measures for borrowers

**This is historical advice and guidance for previously implemented Government schemes – this is not current 2021 Advice**

With the financial impacts of COVDI-19 hitting many businesses and workers hard, many borrowers may find themselves in difficulty in the coming months with regards to their monthly mortgage commitments, in spite of the recent interest rate cuts.

Most lenders have introduced support options to help, such as repyment pauses of 3-12 months. If you anticipate any problems in this regard, please investigate the options offered by your lender.

Links to some of our most popular lenders are copied below, or check on your lender’s website.

ANZ

AMP

Bankwest

CBA

ING

Liberty

Macquarie

NAB

St George

Westpac

 


Published : 29 Mar 2020

Verified by MonsterInsights