AMP Bank Returns to the Investment Mortgage Market

AMP Bank has announced it will accept investor property loan applications effective 16 November following a temporary withdrawal from the market in response to regulatory growth guidelines.

The return to investor property  lending is in line with AMP Bank’s commitment to return to the market in 2015.

Investor property lending to SMSFs  remains on hold in order to meet AMP Bank’s regulatory commitment for the SMSF  portfolio. The bank is expected to return to SMSF lending later this year.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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