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Resources: Glossary

Glossary on Home Loans
Amortising loan A loan in which the principal and interest will be repaid fully through regular installments by the time the loan's term ends. Application The first step in the official loan......
Glossary on Real Estate
Acceptance The agreement of the terms and conditions of the offer by the person receiving the offer. ......
Tips
Home Loans Tip # 1 Add up all the fees when buying Don't forget to take into account all of the extra fees when you purchase a home, these could include: mortgage insurance, loan......
LMI (Lenders Mortgage Insurance)
When borrowing more than the 80% of the value of the property most banks and financial institutions require LMI. This is added to the cost of the loan. Essentially this gives buyers the opportunity......

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