Banks are catching home loan 'liars' | The company | ABC News

There’s evidence of a three-fold increase in ‘liar loans’ on home loan applications, according to new data. More people trying to break into the property industry are either overstating their earnings or understating their costs but the banks are catching them out. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2023-12-05/more-liar-loans-as-people-see-higher-finance charge-rates-house-prices/103167392 The data comes as hundreds of … Read more