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Dollar Back - Financing a Property Purchase (Financing options (Home loans…
Dollar Back - Financing a Property Purchase
Financing options
Home loans
Things to consider when choosing a home loan package
Questions to ask
Hidden fees of home loan packages
new purchase
refinancing
cash out / equity loan
Working with a home loan broker
why work with one
benefits, eg streamlined application process
access to DollarBack network (law firms, valuation firms)
explainer (what they are, what they do
Bank loans
Compare banks' mortgage rates, recommendations
fixed rate package
floating rate package
fixed deposit
SIBOR
Board rate
Credit approval process
for employee, self-employed, business owner
explainer
total debt servicing ratio
mortgage servicing ratio
how to get around ratios; how to gain approval