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Podcast: NZ Business Owners
Episode: Ep 168: First Home - Lender Questions
Description: It sounds silly but sometimes just asking the right questions can make the world of difference to your mortgage. Here’s a few to get you started:
“What fees do you charge?
For all loans, ask about application fees and other charges such as a low equity fee.
For fixed-interest loans, ask what fees apply if you increase repayments, make lump sum repayments, or repay the whole loan early.
What will be the total cost of this loan, including fees and interest, for the sum I am borrowing and the term I ha...