Residential 14 May 2020 Thinking of major renovations or a new build? What is a construction loan? A construction loan is a loan from a bank which allows you to either build a new home or complete a major renovation on an existing home. The main differences between an ordinary home loan and a construction loan are,… Campbell Gordon
Residential 14 May 2020 Should I pay a rate lock fee for my fixed rate loan? What is a fixed rate lock? When taking out a fixed rate loan, it is important to understand that the fixed interest rate is set on the day of drawdown / settlement, not necessarily the advertised rate when you apply for the loan. In some… Campbell Gordon
