Understanding Property Finance - With a massive variety of loan types, products, lenders, rate structure and more, Property Finance is an extremely complex area. Buying a property can be an exciting but daunting experience, because it represents a big commitment, both emotionally and financially. Partnering with the right lender is important and an avenue into finding the right lender is to go through a broker. Seeking advice from a broker could be a great way to see if you are firstly, financially in a position to buy and secondly what type of loan would suit your circumstances. Remember : Spending power = borrowing power + deposit – home acquisition costs + government grants and concessions Most brokers are free of charge as they get their commissions from the bank. So if you are thinking of buying find a good broker and seek good advice from a Real Estate Agent. ow.ly/i/6GiTg
Posted on: Wed, 27 Aug 2014 00:24:28 +0000
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