Almost everyone has experienced the frustration of miscommunication when dealing with customer service call centers. If dealing with a small matter like a bill, it might just be a minor inconvenience. But if its something like getting approval for a home loan, the consequences can be far more dire.
Quite a few Australians dream of building their own home. For most of them, this means first obtaining a land and construction loan. Sometimes people who need these loans only have a 5% deposit, and need to add mortgage insurance to the loan.
Getting a home loan approval is a huge step in the process of purchasing a home. But it’s not the final hurdle. Settlement is the all important last step. Therefore, making sure it happens on time is crucial.
When you think about how much money you need to buy buy a property, you’ll probably think of your deposit. While it’s true that your deposit will be one of the main costs, it isn’t the only one. Many people don’t realise the hidden costs of buying a home.
