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Australian House & Garden - - My Ideal House -

“There are of­ten de­lays with the first progress pay­ment be­cause the con­tract, coun­cil ap­proval and in­sur­ance doc­u­ments haven’t been pro­vided to, or have been mis­placed by, the lender,” says Otto Dar­gan, man­ag­ing di­rec­tor of mort­gage bro­kers Home Loan Ex­perts (home­loan­ex­perts.com.au). “The con­struc­tion depart­ment doesn’t al­ways look through your loan file to find the doc­u­ments, so it’s faster just to give them the doc­u­ments again.”

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