Understanding Lending Terms - Glossary

• A

  • Acceptance
  • Additional Repayment
  • All In One Account
  • Allotment
  • Amortisation
  • Annual Fee
  • Application Fee
  • Appreciation
  Back to top

• B

  • Basic Loan
  • Basic Variable Loan
  • Body Corporate
  • Body Corporate Levy
  • Break Costs
  • Bridging Finance
  Back to top

• C

  • Capital Gain
  • Certificate Of Title
  • Company Title
  • Comparison Rate
  • Contract Of Sale
  • Cooling Off Period
  Back to top

• D

  • Debt Service Ratio
  • Default
  • Deferred Establishment Fee
  • Deposit
  • Depreciation
  • Discharge Fee
  • Drawdown
  Back to top

• E

  • Economic Cost
  • Equity
  • Establishment Fee
  • Exchange Of Contracts
  Back to top

• F

  • Financial Institutions Duty
  • Fixed Interest Rate
  • Formal Approval
  Back to top

• G

  • Gross Income
  Back to top

• H

  • Home Equity Loan
  • Honeymoon Rate
  Back to top

• I

  • Interest Only Loan
  • Interest Rates
  Back to top

• L

  • Legal Fees
  • Line Of Credit
  • Loan To Value Ratio
  • Low Doc
  Back to top

• M

  • Mortgage
  • Mortgage Broker
  • Mortgagee
  • Mortgage Insurance
  • Mortgage Offset
  • Mortgagor
  Back to top

• N

  • Negative Gearing
  • Net Income
  • Non Conforming Loans
  Back to top

• P

  • Portable Loans
  • Pre Approval
  • Principal Amount
  Back to top

• R

  • Redraw Facility
  • Refinance
  • Reverse Mortgage
  Back to top

• S

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

• T

  • Transfer
  Back to top

• U

  • Uniform Consumer Credit Code
  Back to top

• V

  • Valuation
  • Valuation Fee
  • Variable
  Back to top