Lenders fees consist of Upfront Fees and Ongoing Fees.

There are a wide array of expenses associated with purchasing property and obtaining finance. The amount of these expenses can vary widely from state to state; between different service providers; and also depending upon the purpose of the transaction.

Upfront Fees

• Application Fee
• Valuation Fee
• Solicitor/Legal Fee
• Settlement Fee
• Rate Lock Fee
• Lenders Mortgage Insurance
• Conveyancing Fee
• Disbursements (Title Search)
• Stamp Duty Fee

As with upfront fees, ongoing fees can vary substantial, from no ongoings at all through to annual package fees, or monthly loan, account and redraw fees

• Monthly Loan fee
• Annual Package Fee
• Bank Account Fee
• Redraw Fee
• Building Insurance
• Council and Water Rate
• Electricity Reconnection
• Telephone Reconnection