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Choosing A Mortgage
The product with the most competitive rate is not necessarily
the best mortgage for you. There are quite a number
of other factors that may come into consideration when
you are making your choice.
While the rate may ultimately be the overriding factor
that sways your decision, you should at least familiarise
yourself with the other aspects of your chosen product,
to make sure you are not blindsided by some unexpected
cost or restriction.
Aside from the rate, the most important aspects of
a mortgage product that are definitely worth examining
closely can be grouped under the four headings below.
Click on any of the headings for more information about
each aspect of a mortgage:
In addition, this section contains information on the following areas, which should help
ensure you are ready to make a well-informed decision about your mortgage product and provider:
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