Faqs
What does ‘non-genuine savings’ mean?
When applying for a home loan you’re usually asked to provide a lot of different information, including how much money you’ve saved. These savings will be the deposit that you put towards the purchase of your new home. You may also be asked questions about how you’ve...
What is Lenders Mortgage Insurance?
If you are finding it difficult to save up a 20% home loan deposit, you may still be able to borrow from a lender to buy a home - However, you may have to pay Lenders Mortgage Insurance. Yes but what is Lenders Mortgage Insurance? and why is it needed? Lenders...
What is the LVR for my Loan?
Your Loan to Value Ratio (LVR) is the percentage of the security property value that you are borrowing. Simply put, it’s the loan amount divided by the value of your property. So, if the property you want to buy is $500,000 and you want to borrow $3300,000, your LVR...
Privacy Policy
At Go Mortgage Corporation we aim to give our customers the best possible service by offering the best possible range of financial products and services. We understand the importance of protecting your personal information. This document sets out our privacy policy...
What is Equity?
You have probably heard the word ‘equity’ thrown around in financial conversations. While those with a banking background may find this an easy concept to grasp, it can raise question marks for buyers new to the housing market, or anyone unfamiliar with financial...