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Midsize banks are the biggest winners in a new survey of bank customer satisfaction.

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New research from JD Power’s 2020 Australia Retail Banking Satisfaction Study has crowned Heritage Bank as the financial institution with the happiest customers.

Not only was the data able to rank institutions by customer satisfaction, but it revealed a chasm between the customer satisfaction across a number of midsize banks in comparison with Australia’s banking big four.

The Australia Retail Banking Satisfaction Study measures customer satisfaction with the products and services provided by their primary financial institution, with the study measuring overall satisfaction in six key factors, which were weighted according to importance: channel activities, convenience, product and fees, communication and advice, account opening, and problem resolution.

Based on a 1,000-point scale, Heritage Bank recorded a total score of 872.

In second place was ING, scoring a total 843 points.

Bendigo Bank (824), People’s Choice Credit Union (815) and CUA (788) rounded out the top five.

Heritage Bank was almost 100 points clear of the front-runner of the big four – the Commonwealth Bank of Australia (CBA) scored 776 points.

It put CBA slightly higher than NAB (771), ANZ (762) and Westpac (758).  

The average customer satisfaction score across the big four was also lower than the midsize bank average, at just 768 compared with 785 for midsize banks.

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Midsize banks are the biggest winners in a new survey of bank customer satisfaction.

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Deferring mortgage repayments is “a lesser evil” than having to sell property in the current market if you can hold off, a mortgage broker has advised.

Write comment (0 Comments) " ["fulltext"]=> string(1748) "

On a recent episode of The nestegg Podcast, mortgage broker and managing director of Atelier Wealth, Aaron Christie-David, said “the best thing” to do if you are struggling to pay a mortgage at the current time due to financial distress is to call the bank and see how they can help.

He acknowledged that many home owners and property investors are struggling right now with job and income cuts, which can lead to emotional decision making and quick sell-offs.

“The best thing to do is do this before we start to fall into arrears. Let’s get on the front foot, because if you are in arrears – missing a repayment or two – it’s just something that the banks don’t want to encourage and they don’t want to endorse,” he said.

It’s all about being proactive, according to the broker: “Don’t dig your head in the sand, let’s get on top of this.”

It’s why he said that “there’s no shame in deferring repayments”.

Explaining his stance of being “completely on board with it”, he acknowledged that others would argue that you’ll end up having to pay more interest over the life of the loan.

“But how many people actually serve out a 30-year loan term?” he queried.

“They’ll generally pay it off faster than that as well, and the growth on those properties right now probably offsets, in fact, probably more than [offsets], the loss if they took it.”

The potential for capital growth would likely even offset the interest that would be sustained from a six-month deferment, Mr Christie-David outlined.

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Deferring mortgage repayments is “a lesser evil” than having to sell property in the current market if you can hold off, a mortgage broker has advised.

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The central bank has warned house prices could plummet in the event of severe economic slowdown, but it would only trigger a small increase in the share of mortgages at risk of defaulting.

Write comment (0 Comments) " ["fulltext"]=> string(3930) "

The Reserve Bank of Australia published a discussion paper, How Risky is Australian Household Debt?, which studied how Australia’s high debt to income (DTI) would impact the economy.

The Bank of International Settlements (BIS) stated in 2019 that Australia’s debt is higher than any other English-speaking nation, sitting second behind Switzerland.

The RBA stress-tested this impact by creating a macroeconomic scenario in which unemployment rose to 8 per cent and the price of residential properties plummeted by 40 per cent.

“We believe this is an extreme but plausible scenario, which is broadly in line with the shock experienced by some countries during the global financial crisis,” the authors noted.

After conducting the stress test, the authors found that such a scenario would only result in a “small” increase in the share of “household debt at risk” as a proportion of the banking system’s collective mortgage portfolio, from 0.8 of a percentage point to 2.1 per cent.  

“These estimates are low because housing loans account for the majority of household debt in Australia and these tend to be very well collateralised,” the authors stated.

According to the report, the Australian banking sector’s resilience reflects the lower credit risk profiles of borrowers, relative to other parts of the world.

“[The] estimate is substantially lower than actual loss rates in Ireland and the United States during the global financial crisis,” the report stated.

“This is mainly because Australian mortgages have low LVRs by international and historical standards.”

The authors observed that less than 10 per cent of new loans originated in Australia are written at LVRs above 90 per cent, compared with close to 50 per cent of new loans in countries that experienced a “boom-bust cycle” during the financial crisis.

The RBA report added that mortgage debt is typically held by households with strong servicing capacity.

“Highly indebted households tend to have lower estimated probabilities of unemployment and higher incomes,” the report stated.

“This means they are less likely to experience income shocks that will reduce their ability to meet mortgage repayments.”

The authors added that stress would be further alleviated if home loan rates were to decline.

Moreover, the report noted that banks are well capitalised and remain above their capital conservation buffer of 8 per cent.

“Of course, household loans only comprise 40 per cent of banks’ total assets. If we assume banks are also exposed to losses on banks’ other portfolios (such as business loans, securities and other assets), equivalent in magnitude to recent APRA stress tests, banks’ capital ratios fall to around the top of their capital conservation buffer,” the authors observed.

The report concluded: “This suggests that the Australian banking system remains robust to losses stemming from rising household debt, largely because they participate in very little high-LVR lending and are well capitalised.”

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The central bank has warned house prices could plummet in the event of severe economic slowdown, but it would only trigger a small increase in the share of mortgages at risk of defaulting.

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Australia has developed a vibrant fintech scene, which, in one year alone, grew by a staggering 37 per cent. The surge has ushered in a new era of financial products and services, from fully online home loan comparison services to bespoke financing to pay for school fees and everything in-between. These innovative solutions have the potential to disrupt age-old finance models and challenge existing players to keep pace with new innovations.

Write comment (0 Comments) " ["fulltext"]=> string(6047) "

But how can these newer companies accelerate their growth in a fast-evolving, digital world? The answer lies within open source code and the culture of collaboration, which has the power to revolutionise the industry.

Open source values will underpin the ‘new’ finance industry

Innovation, collaboration and transparency are core values of open source. These values are critical for this newfound era in the finance industry, and the results from organisations and industry bodies that have adopted these are materialising. For example, open source forums were recently used as a means to collect feedback by the open banking Data Standards Body. This new approach was drawn from the findings of the banking royal commission and open banking standards, which has given consumers greater access and visibility over their data and personal finance.

Such a level of transparency, openness and collaboration is a far cry from the traditional “behind closed doors” approach, which included written letter tenders that were not open for public scrutiny or trail commission structures that were not disclosed or regularly reviewed by clients. Fintechs and established players alike are recognising the benefits of embracing these values and clearly communicating the details of their products and services. For example, neobank Xinja published a full roadmap of upcoming features and hosts a community forum to encourage feedback – practices that are aligned with open source way of working. 

While a handful of fintechs are showcasing the possibilities of open source by releasing digital-first services that have collaboration, innovation and transparency ingrained in the product’s DNA, there’s a lot more to be done in the industry that once relied on pen and paper. Only just now has open banking become a reality. According to the Australian Competition and Security Commission (ACCC), as of the launch on 1 July, two financial institutions have been accredited, with a further 39 currently undergoing the process. 

Consumers will soon have the ability to request their personal information, and financial institutions will be able to share details between organisations freely, providing more personalised services. For an industry on the cusp of serious transformation, the new open banking regulations have opened the playing field for fintechs and established institutions alike. 

Collaboration and innovation will flourish with open source

Adopting open source collaboration and software development best practices will enable fintechs to bring products to market quickly and effectively. Starting from scratch is not an option in such a fast-moving and competitive environment. 

Open source unlocks the ability for financial organisations to build on and innovate using existing projects, effectively standing on the shoulders of giants. In the case of Xinja, the team recently partnered with Kong Enterprise, leveraging open source technology to break into new markets with unrivalled speed. Furthermore, financial organisations of all sizes see the value of participating in open source communities, such as The Fintech Open Source Foundation (FINOS), to power the ideas of tomorrow. 

As we consider the development of cutting-edge products and speed to market – while heeding the parameters set by the royal banking commission – it’s paramount that development teams remain transparent and collaborative. This is especially important as the room for error is reducing and accountability to the community is growing. 

Securing open source software

As fintechs and mature enterprises move towards this vision, leaders will inevitably turn their attention to security and seek to understand more about open source. This is especially true as the industry leans towards a more collaborative and transparent way of operating. Security concerns are heightened in the finance industry, particularly with regards to sensitive customer data. It is understandable then that almost two in five IT leaders cited security considerations as a key factor when deciding when and how to use open source. While there may be some confusion about the security of open source, IT leaders that leverage open source effectively cite that they have better security within their organisations as a result. 

Any and every discussion about security must be grounded in the fact that it is a shared and collective responsibility. All too often, security is handled in a manual or ad hoc nature, disconnected from typical workflows. No single team or individual can be tasked to secure code alone; rather, security must be a shared responsibility that is ingrained throughout the software development process. By embracing a “shift left” approach – where organisations bridge the gap between developer and security teams – security flaws can be identified and resolved more quickly, leading to faster time-to-market.

These security measures will ensure that fintechs, and mature enterprises alike, can continue to use open source safe in the knowledge that their code is protected and secure.

Open source signals the future for the fintech industry as transparency, openness and collaboration propel the most innovative organisations. As Australia’s fintech scene continues to grow and mature, open source will empower businesses to iterate and develop software more quickly and securely.

Sam Hunt is the VP APAC at GitHub.

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From financing a credit card debt to deciding on a home loan, Nest Egg’s got your back! " ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-08-24 02:27:31" ["slug"]=> string(90) "15626:standing-on-the-shoulder-of-giants-how-australia-s-fintechs-can-tap-into-open-source" ["parent_slug"]=> string(16) "271:borrow-money" ["catslug"]=> string(11) "275:banking" ["event"]=> object(stdClass)#4808 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(0) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(698) "

Australia has developed a vibrant fintech scene, which, in one year alone, grew by a staggering 37 per cent. The surge has ushered in a new era of financial products and services, from fully online home loan comparison services to bespoke financing to pay for school fees and everything in-between. These innovative solutions have the potential to disrupt age-old finance models and challenge existing players to keep pace with new innovations.

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"billion-dollar-bank-blowout-for-fees-for-no-service" ["introtext"]=> string(422) "

To date, six of Australia’s largest financial institutions have reported a need to return more than $1 billion in compensation to customers who suffered as a result of fees for no service or non-compliant advice.

Write comment (0 Comments) " ["fulltext"]=> string(1412) "

It’s an additional $295.9 million in identifiable compensation payments that will be required to be paid compared with six months ago, December 2019.

An update from the Australian Securities and Investments Commission has revealed the figures, after AMP, ANZ, CBA, Macquarie, NAB and Westpac undertook review and remediation programs to compensate affected customers, after the misconduct was first uncovered in 2015, and then widely publicised during the banking royal commission.

Nearly 1 million customers were found to have been affected by the policies across the six businesses.

NAB has paid or offered compensation to 626,863 customers – more than three times the number of affected individuals reported by any other institution. It’s led to offers of compensation totalling more than $368 million.

With the second-largest number of affected customers, AMP has identified 199,425 customers as eligible for compensation, to the tune of $145 million.

In third, CBA has identified more than 54,000 customers to be paid out more than $167 million in compensation for its own conduct.

The new figures come just after ASIC has put three super funds in the firing line for their own misconduct related to the provision of advice. 

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To date, six of Australia’s largest financial institutions have reported a need to return more than $1 billion in compensation to customers who suffered as a result of fees for no service or non-compliant advice.

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How many years is the average commercial mortgage term?  Find out how you can get the best term length that suits your needs. 

Write comment (0 Comments) " ["fulltext"]=> string(6106) "

After looking through several listings, scouting several locations and checking properties, you finally found it: a commercial property that you deem to be a good investment opportunity. And now you’re ready to seal the deal. 

You’ve found the right property, but how do you find the right loan to buy it? 

Commercial mortgages can be complex and difficult to navigate, especially for investors who lack experience. Unlike residential property loans, commercial loan terms can greatly vary from lender to lender. The strength of your application and the purpose of your commercial loan can impact your loan terms. In some scenarios, you may even need a security property to get approved for a loan. 

But don’t get overwhelmed. In this article, we’ll discuss the average length of a commercial mortgage and which term will work best for you. 

What is the typical length of a commercial mortgage?

The terms of commercial loans typically range from three to 25 years with both bank and non-bank commercial mortgage lenders. Additionally, the amortisation period of a commercial mortgage is usually longer than the term of the loan. 

 Loan terms vary depending on whether the loan is for a standard or purpose-built (specialised) commercial property. The type of commercial property you plan to buy will be used to assess the risk level your loan poses.

Different types of commercial property represent different risks to the banks. A standard commercial property (freehold property) usually gets the best terms and interest rates as it has the higher chance of being leased, giving lenders a sense of security that the loan will be repaid. These are commercial properties that they deem to have high demand. Examples of standard commercial properties are offices, factories, warehouses, retail space and shopfronts. Lenders usually offer up to 25-year terms for these types of commercial property. 

Meanwhile, purpose-built or specialised commercial properties are more difficult to find tenants for, so they are a higher risk to the lender. If you are unable to pay for your loan, your lender will need to sell your property to offset the loss. Specialised commercial real estate is difficult to sell, so lenders are cautious when approving these loans. These properties include accommodations, age care centers, farms, petrol stations, supermarkets and restaurants. Generally, loan terms for this type of commercial mortgage span 10 to 15 years. 

The type of security property that you use in your loan will also affect the term of your commercial loan. Since there are no programs providing lender’s insurance to cover borrower default, some lenders rely on a property pledged as security. The security property will be used by the lender as protection in the event you can’t repay the debt.

When you use a residential property as a security, lenders can offer up to a 30-year term loan. If you choose a commercial property as a security property, select lenders can offer you a 20 to 25-year loan, significantly higher than the common 15-year term for most commercial mortgages. 

 Why is a longer term better than a shorter term?

Getting the shortest term loan possible may sound like the sensible choice when you’re getting a commercial mortgage. You can pay off the loan in a shorter amount of time and you won’t be burdened by repayments for a longer period. However, a shorter-term loan means you’re tying up your cash flow in the process. A short-term loan also means higher monthly repayment costs. 

The popular and common choice among business owners is to keep refinancing to an interest-only payment option throughout the term of the loan until the mortgage is paid off. It’s possible to negotiate interest-only repayments with some commercial lenders. As a general rule, they will only allow this if you have a big enough down payment and a strong enough cash flow to make the larger repayments when the interest-only period ends.

At that point, you can draw less money from the business because you don’t have a mortgage to worry about and you can start paying off the asset. It essentially becomes a nest egg for the future because you can leverage the equity for future business expansion.

Even if you’re not a business owner, getting a longer loan term boosts your borrowing power so you can continue to qualify for commercial finance and purchase more properties.

Because your repayments are generally smaller with a longer term, you have less financial commitment and more cash flow to meet the lender’s serviceability requirements.

What are the benefits of a short-term loan?

The benefits of a 10 to 15-year commercial loan term is that you’re paying down the loan faster, allowing you to access more equity for investment and to refinance to a lower interest rate at a higher frequency. 

Of course, your monthly commitments are higher, so your cash flow is tied in the commercial mortgage.

How can I get a longer term?

There are ways to get a longer loan term, free up your cash flow and increase your borrowing power for future business growth or to continue building your commercial real estate portfolio.

 As mentioned, there are two ways to get a long commercial loan term:

• Buying a standard commercial property.
  Using a residential property as security.

If you do these, you can get a loan term of up to 30 years.

 

 

 

Discover informative stories, guides, and tips on how to turn your property investing venture into a success. Explore nestegg now!

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How many years is the average commercial mortgage term?  Find out how you can get the best term length that suits your needs. 

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"2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(17) "First article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [8]=> object(stdClass)#4826 (32) { ["id"]=> string(1) "8" ["title"]=> string(18) "Second article URL" ["name"]=> string(18) "second-article-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-07-08 05:42:04" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4470 (3) { ["data":protected]=> object(stdClass)#4473 (1) { ["relative"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4472 (3) { ["data":protected]=> object(stdClass)#4475 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(18) "Second article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [9]=> object(stdClass)#4825 (32) { ["id"]=> string(1) "9" ["title"]=> string(17) "Third article URL" ["name"]=> string(17) "third-article-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-07-08 05:42:42" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4474 (3) { ["data":protected]=> object(stdClass)#4477 (1) { ["relative"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4476 (3) { ["data":protected]=> object(stdClass)#4479 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(3) "url" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "3" ["label"]=> string(17) "Third article URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(16) "Related Articles" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [4]=> object(stdClass)#4822 (32) { ["id"]=> string(1) "4" ["title"]=> string(9) "Video URL" ["name"]=> string(9) "video-url" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-19 05:54:21" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "1" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4478 (3) { ["data":protected]=> object(stdClass)#4481 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4480 (3) { ["data":protected]=> object(stdClass)#4483 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(4) "text" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(9) "Video URL" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [6]=> object(stdClass)#4823 (32) { ["id"]=> string(1) "6" ["title"]=> string(33) "Image Caption / Video description" ["name"]=> string(31) "image-caption-video-description" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-25 16:29:55" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "2" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4482 (3) { ["data":protected]=> object(stdClass)#4485 (2) { ["filter"]=> string(0) "" ["maxlength"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4484 (3) { ["data":protected]=> object(stdClass)#4487 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(4) "text" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(33) "Image Caption / Video description" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [3]=> object(stdClass)#4818 (32) { ["id"]=> string(1) "3" ["title"]=> string(6) "Status" ["name"]=> string(6) "status" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-20 01:45:26" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "3" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4486 (3) { ["data":protected]=> object(stdClass)#4492 (1) { ["options"]=> object(stdClass)#4490 (2) { ["options0"]=> object(stdClass)#4489 (2) { ["name"]=> string(8) "Inactive" ["value"]=> string(1) "0" } ["options1"]=> object(stdClass)#4491 (2) { ["name"]=> string(6) "Active" ["value"]=> string(1) "1" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4488 (3) { ["data":protected]=> object(stdClass)#4494 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(6) "Status" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [5]=> object(stdClass)#4821 (32) { ["id"]=> string(1) "5" ["title"]=> string(22) " Essential information" ["name"]=> string(21) "essential-information" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-25 06:10:20" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "4" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4493 (3) { ["data":protected]=> object(stdClass)#4496 (4) { ["buttons"]=> string(0) "" ["width"]=> string(0) "" ["height"]=> string(0) "" ["filter"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4495 (3) { ["data":protected]=> object(stdClass)#4498 (10) { ["hint"]=> string(0) "" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(0) "" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(6) "editor" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(22) " Essential information" ["description"]=> string(35) "3 points that summarize the article" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } [2]=> object(stdClass)#4831 (32) { ["id"]=> string(1) "2" ["title"]=> string(14) "Embedded Video" ["name"]=> string(14) "embedded-video" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2020-06-20 01:43:32" ["created_user_id"]=> string(4) "2351" ["ordering"]=> string(1) "5" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#4497 (3) { ["data":protected]=> object(stdClass)#4500 (4) { ["buttons"]=> string(0) "" ["width"]=> string(0) "" ["height"]=> string(0) "" ["filter"]=> string(0) "" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#4499 (3) { ["data":protected]=> object(stdClass)#4502 (10) { ["hint"]=> string(29) "Paste your embedded code here" ["class"]=> string(0) "" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "1" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(6) "editor" ["default_value"]=> string(0) "" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "2" ["label"]=> string(14) "Embedded Video" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(18) "Jeremiah Sebastian" ["group_title"]=> string(22) "Summary points + video" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(0) "" } } ["link"]=> string(83) "/borrow-money/loans/how-long-should-i-expect-to-be-paying-off-a-commercial-mortgage" ["image"]=> string(45) "images/article-826x550/empty-shopfront-ne.jpg" ["image_alt"]=> string(32) "paying off a commercial mortgage" } }