Up Front Set Up Costs

Up Front Set Up Costs

Application fees – payable at the time of application.

Establishment / settlement fees – payable when the loan is settled.

Loan documentation / Lender’s legal fees – payable to cover the lender’s cost of producing the loan documents.

Valuation fees – payable to cover the lender’s cost of assessing the value of your property.

Lenders’ Mortgage Insurance (“LMI”) premiums – payable to cover the lender’s cost for LMI premiums.

Mortgage registration, transfer fees & mortgage stamp duty – payable to the applicable state government.

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