With the changes in the lending requirements, your lender is asking for more documents for home loan applications and so is your broker. Here is what you should know. We all have only 24 hours a day and there are so many things needs to be done. On top of that, applying for a home loan that requires a lot of paperwork. Borrowers often asked – “Why does applying for a loan require so much paperwork?” Well, the answer can […]Read More about Why do I need so many documents for Home Loan Application?
Home loan is not only about the interest rate you’re paying or about to pay. It’s also important to look at other features to make it affordable and save money. Redraw and Offset are among the popular features and almost work similar ways. The idea is to allow you to reduce the balance of your home loans. Therefore the interest charged, by applying extra money to your debt. Redraw: With the redraw option, you can deposit some extra […]Read More about Home loan with Redraw or Offset- which one select to save money?