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Bruce Patten: Mortgage broker says clients declined loans by some banks, may be approved by another

EPISODE · Jul 21, 2022 · 4 MIN

Bruce Patten: Mortgage broker says clients declined loans by some banks, may be approved by another

from Best of Business · host Newstalk ZB

Signs the housing credit crunch might be easing a little.A new survey of mortgage advisors by economist Tony Alexander has found banks are becoming more willing to lend funds, a stark turnaround to the situation a year ago.Mortgage broker Bruce Patten told Tim Dower some banks are more willing to lend than others.He says about half of banks are more willing to lend than others, and clients who are declined by one bank may be approved by another.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Bruce Patten: Mortgage broker says clients declined loans by some banks, may be approved by another

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