MyConnectplus+ Referral Partner

MyConnectplus+ provides a premium home buyer service to your clients.

Their specialist home buyer team will contact your client to assist with the utility connections in their new home.

This service is a perfect accompaniment to yours, whereby they will offer a choice of providers across electricity, gas, phone, internet and pay tv.

In one phone call, they'll source the 'best fit' provider/s with the best rates for your client.

Clients will then have all services booked in for the day they move in. Fast, simple, free.

Referring is easy too- we have a push button integration through Vownet to forward referrals - Click here for the 'how to' flyer.

You can also download the Vow MCplus+ Client Flyer

Being a zero-cost service to your client, this provides a great point of difference and creates a further enhanced service experience.

If you haven't received your Agent ID for this integration please contact the Accreditations Team accreditation@vow.com.au.

Our MyConnect representative (Andrew Larter) is available at any time to assist with any queries or questions. You can reach him on- andrew@myconnect.com.au or 0498 777 057

Flexi Options Policy Improvements

Changes to treatment of income

Commission & Bonus income

Supportive information has changed. It is no longer required to be a condition of employment or permanent. Instead, the payment must be regularly received and evidenced over 24 months.

Overtime income

Supportive information has changed. It is no longer required to be a condition of employment or permanent. Instead, the payment must be regularly received and evidenced over 12 months.

Applicants employed by family members

No longer require any additional supporting documentation above what is required with their employment type

Voluntary superannuation payments

must be confirmed in broker notes that applicant that they are aware that the payment may have to cease

Other policy changes

No limit credit cards

The Bank considers 'no limit' credit cards as those that must be paid in full each month such as AMEX or Diners. For assessment purposes, these need to be included under the applicant's living expenses. Ensure the applicant's total purchase amount and cash advances are disclosed.

Bank statements

Internet transaction listings without a running balance are now sufficient to cover bank statement requirements, provided they contain the applicant name, the full account number and the logo and name of the FI is displayed

Transaction Account statements

Transaction account statements are required for the applicant's main transaction account along with any accounts that PAYG income is paid into.

YBR Flexi options rate highlights

  • O/O P&I up to 90% LVR Variable 3.14%
  • O/O P&I up to 90% LVR Fixed for 2 or 3 years 2.99%
  • Investment Variable up to 90% LVR 3.44%
  • Investment I/O up to 80% LVR 3.74%

Product Highlights:

  • NRAS properties up 80% Refinance
  • Construction up to 95% For O/O
  • Construction of up to 4 units on one title
  • O/O lending starting at 3.14% P & I Variable
  • Bridging Finance Servicing on end debt only
  • No Credit Scoring below 80% LVR
  • Investment lending. Starting at 3.44% P & I variable
  • Investment lending up to 90%
  • Offset account available on all loans including fixed

For all supporting document checklists, service calculators and rate cards please go to:

https://www.vow.com.au/resi-home-loans

Or contact our sales team who will be more than happy to assist with any scenario or question:

For general enquiries, please call 1800 737 448

Please select any of the below options:

Option 1 for theSales team or brokersupport@resi.com.au

Tony Wakim: NSW BDM on 0416 409 100 or tony.wakim@resi.com.au

Jason Hulbert: VIC BDM on 0468 755 419 or jason.hulbert@resi.com.au

Option 2 for Credit team or credit@resi.com.au

Matthew Cragg: National Credit Manager

Option 3 for Service team or service@resi.com.au

Celina Tramontini: National Service Manager

The Better Business Awards has launched for 2020!

Back bigger and better in 2020, the Better Business Summit is the peak event for the mortgage and finance brokerage community.

Showcasing big ideas for the year ahead, the client-centric conference agenda will provide YOU with the tools you need on how to navigate the consumer power shift; build smarter, long-lasting relationships with clients; and position your business for growth and prosperity - inspiring you for the decade ahead!

In the evening, the Better Business Awards will showcase the depth of talent and outstanding achievements in Australia's biggest state-based awards for the mortgage industry. Join The Adviser for a prestigious awards ceremony to celebrate with colleagues, friends, family, peers and clients.

Now's the time to buy summit tickets or nominate yourself or a deserving peer for an award.

Source: The Advisor

Vow at the AMA's!

At the recent AMA awards, Vow Financial was honoured to be a sponsor of the event and present the diversification award, one that is very important to us. We also had numerous nominees on the night from our broker groups XIN mortgage, Ayers Financial and MLS finance. Unfortunately, they did not take away any awards, but to be nominated for these awards is an honour and a great representation of the hard work that they have put in daily for their customers - so a big congratulations to all those who were nominated on the night.

Welcome Travis Hall to the Group!

A message from Travis....

Thank you to everyone for the warm welcome to the Group, appreciated.

I am excited about the opportunity to work with our business partners moving forward.

I am impressed by the systems and processes currently in place and looking forward to being involved in new opportunities being developed, which I hope will add value to the network.

A strong focus of mine will be around identifying and recruiting new brokers/loan writers into broker businesses.

If you have any queries regarding your current arrangements with the Group, then feel free to contact me to discuss.

Travis Hall

National Manager Recruitment & Network Health

T 02 8226 8200 M 0418 440 116

E travis.hall@ybr.com.au