A Certificate of Title is a legal document which identifies the owner and any encumbrances or easements associated with a particular parcel of land. Each time ownership of a property changes, the Certificate of Title is amended to reflect new ownership.
Rental Education
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Rental Support
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Home Buyer Education
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Grants and assistance
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The South Australian and Federal Governments offer financial help for eligible first home buyers who are building or buying a new home – which potentially could save you tens of thousands of dollars.
New to Renting
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Before deciding to move into a rental, it's important to work out what you can afford.
The Land Title Office (LTO) collects a fee for registering the lenders mortgage on the title record for the property.
Lenders Mortgage Insurance (LMI) protects the lender if you can't make the loan repayments and the lender can't recover the loan balance.
Keep in mind that an LMI insurer who pays the lender under an LMI policy can then come to you, the borrower, to repay the sum directly to it. LMI protects the lender, not you or a guarantor.
Establishment or application fees are typically charged by the lender to cover the cost of documentation of the new mortgage. This is a one-off payment of around $200-$700 (depending on the loan), though many lenders waive establishment fees on particular products or for special promotions. Depending on the product, the lender might also charge annual fees and monthly service fees.