Mortgage Now, Bad Credit Refinance, consolidate debts, non conforming homeloan, brisbane, sydney, melbourne, refinance my mortgage with bad credit

image of Mortgage Now, Austrailias Largest exclusivly non conforming broker! call 1300 667 239

Glossary

A-B

Portability
Where a lender allows for an existing property mortgaged to it to be substituted with a new property. Usually subject to terms and conditions, and payment of a fee.

Prepayment Fee
A charge imposed by a lender on a borrower who wants to pre-pay part or all of a loan.Principal Amount of debt, excluding interest.

Redraw
Access to additional payments made into a variable and sometimes a fixed-rate loan.

Refinancing
The process of paying off one loan with the proceeds from a new loan using the same property as security.

Repayment Frequency
The frequency with which you make repayments on your loan (e.g., weekly, fortnightly, monthly).

Security
The asset that the lender uses as collateral for the loan. The asset is not released until the loan is repaid in full.

Settlement
A meeting at which a sale of a property is finalised and title to the property passes from the vendor to the purchaser.

Split Loan
See Combination Loan above.

Stamp Duty
A state government tax. In the sale of real estate, it is calculated according to the sale value. In all states (but not the territories), stamp duty is payable on a mortgage and is calculated according to the loan amount secured by the mortgage.

Strata Title
Generally, this term refers to the subdivision of airspace above the land - you own part of the building, not the land it is built on. Applies to units, apartments and some townhouses. The meaning of this term varies to some extent from state to state

Please click the play button below for a message from the CEO, Mr. Graham Doessel

This text will be replaced by the flash music player.

Click here to go to The Finance Brokers Association of Australia

Telstra Small Business of the Year Awards 2006 - Finalist

Australian Mortgage Awards Broker of the year finalist image

Australain Mortgage Awards - Non Conforming Broker of the Year 2008 - Finalist

Forbes.com: Personal Finance News
Updated :

Guru Smack Down With Vince McMahon
The best-performing online investors catch a rebound and a yield with World Wrestling.
Author : Joshua Lipton, Data from Marketocracy
Publ.Date : Tue, 06 Jan 2009 00:00:00 GMT

S&P 500 December Winners & Losers
The S&P 500 gained .8% in December, leaving the index down 38.5% for 2008, making it the worst year for the S&P since 1937.
Author : Andrea D. Murphy
Publ.Date : Fri, 02 Jan 2009 21:00:00 GMT

Best Bet Now Is Playing Bear
With stocks wildly overbought going into the new year, it's time to make a buck as the market comes in.
Author : David Penn, TradingMarkets.com
Publ.Date : Mon, 05 Jan 2009 16:22:37 GMT

Year-End Mutual Funds Update
2008 was a tough year for mutual funds.
Author : Andrea D. Murphy
Publ.Date : Mon, 05 Jan 2009 17:30:31 GMT

RSS to HTML
Increase Online Traffic

Home About us Media Glossary Privacy Contact Us Links What Next CEO Comments (Blog) Employment Downloads As seen on Today Tonight Find a JP Mortgage Calculator Testimonial 1 Testimonial 2 Testimonial 3 Tell a Friend News_Letters FAQ MySpace Facebook