Buying a home – the other costs

Buying a home – the other costs

Continuing our look at the Home Loan Process, this week we are going to look at the range of costs that are invloved with purchasing your new home and arranging finance.  It is quite possible that the Other Costs can end up being 5% to 10% of the property value.  The...
Covering some basic concepts

Covering some basic concepts

Before we continue with our in depth look at the Home Loan process there is some important concepts which I want to cover off.  Today we are going to have a look at Loan to Value Ratio (LVR), Lenders Mortgage Insurance (LMI), Genuine Savings and Guarantees.  I would...