Straight from the team whiteboard to you!

Currently the Finware team are working on updating some existing calculators, including Heritage Bank and Citibank for Australian iLend™ databases and ANZ for the New Zealand iLend™ databases.

The Heritage Bank calculator will be released to all AU iLend™ databases this weekend, before the team can start testing the Citibank calculator. The ANZ calculator for New Zealand will be reviewed the following week.

Each Maxcap calculator is reviewed and updated according to the latest version from the Lender. Our testing applies thirteen different client scenarios through the lenders serviceability calculator and Finware’s calculator, to ensure there is no more than 1% variance in the serviceability outcome.

If you have a particular lender you would like to see added to your Maxcap solution, let us know today.