Reshaping the Australian Non-Conforming Mortgage Industry: Key Trends Driving Growth and Innovation
The Australian non-conforming mortgage industry has experienced significant growth and transformation in recent years. Non-conforming mortgages, also known as specialist or alternative mortgages, cater to borrowers who do not meet the strict lending criteria of traditional banks and financial institutions. These loans are designed for individuals with unique financial circumstances, such as self-employed borrowers, irregular income, or less-than-perfect credit histories.
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