Tag Archive: pre-approved

Clayton’s Finance Approval (The Approval You Have When You Don’t Have Approval)

Posted on May 3, 2007 by | 0 Comments
by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au The fax came through late one afternoon from the mortgage broker for a residential property buyer on whose behalf I was acting. “Dear Tim,” it familiarly began, “I am pleased to advise that finance has been approved, to assist with the purchase of the above-mentioned property.” The fax, which was on the broking company’s letterhead, continued that the broker (THE LOAN MARKET MULTIBANK LENDING...

Continue Reading »