Get a Second Opinion Before You Sign: Lifting the Curtain on Lending Practices & the Australian Financial Services IndustryAustralians who want to apply for a mortgage or obtain a commercial loan have more to worry about than paperwork, they must also contend with predatory lending practices. While the calls for a royal commission to investigate these practices continue to get louder, for now, those seeking private funding remain woefully unprotected. Shane Reynolds, who has been involved in Australia’s finance industry for almost two decades examines these predatory lending practices, how to protect yourself and provides the reader with peace of mind in times of uncertainty. Written for both the consumer and finance practitioner the author also explains the essential elements in the preparation of a mortgage application, the process for successfully obtaining a commercial loan, hiring professional assistance and dealing with related legal problems. If the past is any indication, lenders and the financial services industry will continue to take advantage of borrowers. Know their tricks, protect investments and maximize wealth with the lessons in Get a Second Opinion before You Sign. |
Contents
Introduction | |
Financial belief systems | |
The impact on the GFC and Australian banks | |
Predatory lending explained | |
History of predatory lending in Australia | |
Royal Commission into the finance industry | |
The Australian lending industry explained | |
Legislative controls | |
Preparing your application | |
Broker agreements explained hidden fees | |
Caveat clauses and PPSR charges | |
Document checklist | |
Project Management building contracts and the feasibility | |
The valuationquantity surveyor process | |
Presale covenants | |
Private lending products LVRs | |
Find a good solicitorDoyles guide | |
Find a good Accountant | |
The FBAAMFAA Roles | |
Selecting a professional broker | |
Deal shopping | |
Bridging loans | |
Construction loans | |
Mezzanine funding | |
Preferred equity transactions | |
Other editions - View all
Get a Second Opinion Before You Sign: Lifting the Curtain on Lending ... Shane Reynolds No preview available - 2017 |
Get a Second Opinion Before You Sign: Lifting the Curtain on Lending ... Shane Reynolds No preview available - 2017 |