What John checks first
John checks the property, loan purpose and supporting evidence before treating a green-labelled loan or discounted feature as a genuine fit.
- Whether the loan is for a purchase, refinance, construction or upgrade
- The lender's current eligibility standard for the property or improvement
- Valuation treatment and progress-payment requirements
- Rate, fees and features compared with a standard home loan
- Available equity, funds to complete and repayment comfort