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Flexbility Key Issue
The Sunday Times’ Home Magazine invites McKinley Plowman & Associates’ finance partner Paul Moran to comment on important considerations when deciding on a housing loan. Paul comments that while interest rates are a consideration, it’s essential to consider how flexible a financing facility is. Paul says when deciding on a housing loan, home buyers must consider issues such as how long they plan to stay in their home, whether they need flexibility with repayments, a redraw facility and, or an offset account.
He says find out if the proposed financing facility comes with deferred establishment fees. Read this article to benefit from the tips McKinley Plowman’s expert shares with Sunday Times readers.
Reproduced with the permission of Sunday Times.
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