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