Buying a home is one of the biggest investments you’ll make, but let’s be honest, the home loan lingo can be needlessly confusing at times.
“I had a very bad experience when I bought my first home,” says Claire Mullen, Mortgage Lending Specialist at WLTH. “I was made to feel dumb. People used words I didn’t understand, and they spoke numbers at me, and I just felt foolish.”
You’re told you need to know your LVR, but why? Should you go with P&I or Interest Only on your home loan? Do you need an offset account, and what does it offset? We’re here to unpack it for you, no nonsense.
Deciphering the mortgage jargon
Whether you’ve taken out a home loan before or are making your first leap onto the property market, you deserve to feel confident about such a big decision. That’s why Your Money & Your Life, in partnership with WLTH, has put together this FREE eBook to explain it all so you’re ahead of the curve.
The eBook covers the entire home loan process including:
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- Applying for pre-approval
- Securing your property
- Settlement and beyond
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