Across
- 4. The last stage of life of loan where there is completion of purchase of a property
- 5. Additional loan repayment which can be drawn on
- 7. A third party that provide additional guarantee
- 8. To move a loan from one lender to another
- 9. Written agreement outlining the term of purchase
- 10. Increase in property value over time
- 11. approval from bank that is not yet confirmed
- 12. Interest rate on unsecured overnight loans between banks.
- 14. Will be lodged if you dont pay a bill for +90 days
- 17. Required for loans above 80% lend
- 18. An independent assessment of the property
- 19. The value of an asset minus the debt owning
Down
- 1. The Process of building a house
- 2. An unchanging rate charged on mortgage
- 3. When a property has a clear title with no mortgage
- 4. The most common interest rate choice
- 6. Lender will check on a report to assess your character
- 13. Government tax payable when a property is purchased
- 15. Any outstanding financial debt
- 16. Asset offered by the borrower to the lender