Blogs – Page 26 – Think & Grow Finance

Blogs

October 1, 2016

WHAT IS CROSS COLLATERALISATION?

Why banks love it and a good mortgage broker will advise you to avoid it. Cross Collateralisation is an important loan structuring issue of which many […]
October 1, 2016

INTEREST ONLY WITH AN OFFSET ACCOUNT STRUCTURE

Like me, if you have been taught to work hard, save everything and pay down the home loan quickly, please take 5 minutes and read this […]
October 1, 2016

WHAT ARE THE TAX DIFFERENCES BETWEEN OFFSET AND REDRAW ACCOUNTS?

Redraw a. Additional payments into your home loan’s redraw account reduces the principle loan balance and the interest charged b. The money can generally be redrawn, […]
October 1, 2016

HOW RELIABLE IS YOUR PRE-APPROVAL?

Most people don’t know that pre-approval can be withdrawn, causing more confusion than giving confidence. Pre-approvals aren’t a formal commitment to approve your loan but only […]