Mortgage Knowledge Centre

In this section we explain and simplify all the finance related terminology to help you better understand the Banking and Lending landscape.

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How much do mortgage brokers charge?

When do I pay a mortgage broker?

Why do I need a mortgage broker?

Do mortgage brokers offer a guarantee?

How do I choose a mortgage broker?

What personal information do I need to reveal to a mortgage broker?

Residential Home Loans 

What is the best interest rate for a residential home loan?

Should I get a fixed or variable home loan?

Is a residential home loan tax deductible?

Commercial Mortgages

What are the set up costs for a commercial mortgage?

Are interest rates different for commercial mortgages?  

When do I need mortgage insurance? 


Lenders Mortgage Insurance.

Loan to Valuation Ratio

Fair Market Value

Offset Account

Interest Only

Variable Rate

Loan Package



Line of Credit

Loan Split

Family Guarantee

Security Guarantee

Family Pledge

DHOA Scheme

NRAS Scheme

Annual Interest Rate

Default Interest Rate

Basis Points


Offset Flyer Package 

Mortgage & Finance Association of Australia (MFAA)




Certificate of Currency (COC)

Debt Serviceing Ratio (NSR/DSR)

Living Expenses




First Home Owners Grant (FHOG)

Electronic Funds Transfer (EFT)

RP Data

Automated Valuation Model (AVM)

Modelled Estimate

Desktop Valuation

Bridging Loans

Investment Loans


Anti Money Laundering (AML)