Understanding Lending Terms - Glossary

• A

  • Acceptance
  • Additional Repayment
  • All In One Account
  • Allotment
  • Amortisation
  • Annual Fee
  • Application Fee
  • Appreciation
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• B

  • Basic Loan
  • Basic Variable Loan
  • Body Corporate
  • Body Corporate Levy
  • Break Costs
  • Bridging Finance
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• C

  • Capital Gain
  • Certificate Of Title
  • Company Title
  • Comparison Rate
  • Contract Of Sale
  • Cooling Off Period
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• D

  • Debt Service Ratio
  • Default
  • Deferred Establishment Fee
  • Deposit
  • Depreciation
  • Discharge Fee
  • Drawdown
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• E

  • Economic Cost
  • Equity
  • Establishment Fee
  • Exchange Of Contracts
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• F

  • Financial Institutions Duty
  • Fixed Interest Rate
  • Formal Approval
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• G

  • Gross Income
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• H

  • Home Equity Loan
  • Honeymoon Rate
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• I

  • Interest Only Loan
  • Interest Rates
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• L

  • Legal Fees
  • Line Of Credit
  • Loan To Value Ratio
  • Low Doc
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• M

  • Mortgage
  • Mortgage Broker
  • Mortgagee
  • Mortgage Insurance
  • Mortgage Offset
  • Mortgagor
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• N

  • Negative Gearing
  • Net Income
  • Non Conforming Loans
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• P

  • Portable Loans
  • Pre Approval
  • Principal Amount
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• R

  • Redraw Facility
  • Refinance
  • Reverse Mortgage
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• S

  • Service Fee
  • Settlement
  • Solicitors And Conveyancers
  • Split Loan
  • Stamp Duty
  • Standard Variable Loan
  • Strata Title
  • Sub Prime
  • Switching Fee
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• T

  • Transfer
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• U

  • Uniform Consumer Credit Code
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• V

  • Valuation
  • Valuation Fee
  • Variable
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All brokers with The Lending Shop are members with MFAA - The Lending Shop is proudly operated by the Australian Loan Company Ltd.

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of the year 2008

Finalist - Wholesale aggregator
of the year 2009