Do you have customers looking to consolidate their debts/liabilities, business or other loans?
Link Premium may be the solution.
Link Premium is a flexible loan for customers considered ‘non-traditional’ borrowers, such as Self-Employed or Sole Trader customers.
Link Premium’s unlimited debt consolidation capabilities make it an ideal product for anyone with debts/liabilities, business or other loans, who are looking to consolidate into a single home loan.
A Link Premium loan can work wonders for these customers as it allows them to access their current home equity, so they can refinance their existing home loan, and payout any existing debts.
More reasons to love Link Premium
Link Premium boasts attractive policies, no risk fees, and it consistently maintains a fast speed to assessment.
Unlimited debt consolidation
With no limit as to the number of personal debts (credit cards and personal loans) that can be consolidated, this makes Link Premium ideal for tidying up your customer’s finances into a single home loan.
Link has some fantastic policies such as Common Debt reducer, one year’s financials (up to max 200% of prior year), and the ability to lend to a customer that has been discharged from bankruptcy for > 12 months.
No risk fees
Link Premium has a maximum LVR of 80% with no risk fees.
Speed to assessment
Link regularly maintains a 1-day SLA, which is one of the faster turnaround times in the market, giving you comfort that your application will be assessed quickly.
No credit scoring
With Link Premium, applications are always assessed by a person, not a machine. Meaning you don’t have to worry about a computer auto-decisioning your clients’ applications, based upon a number of metrics.
Link Premium caters for flexible employment and income type borrowers.
Link Premium works wonders for those who are short term self-employed with extensive industry history and previous PAYG role in same industry.
Common-sense approach to credit
Link empowers its credit team to make common-sense decisions on applications. We will happily workshop a deal with you to help find a suitable solution for your customer.
Get in touch with your BRM
If you have any questions or would just like to discuss in detail how a Link Premium loan can work for your customers looking to consolidate their debts, then speak to your BRM today.