Glossary of useful terms and definitions
A statement of assets, liabilities and net equity for an enterprise at a point of time.
A large loan repayment, typically towards the end of the loan term, to clear a debt.
A cheque that is issued by a bank, drawn on itself.
A communication from one bank to another to advise on a customer's reliability or credit worthiness.
When a debtor who, cannot pay their debts, have their financial affairs managed by a trustee in bankruptcy.
A person presenting a cheque to a bank for payment.
See Owners’ Corporation.
A short-term loan that covers the time gap between the purchase of a new property and the sale of an old property.
Insurance which covers the cost of rebuilding or repairing a property following structural damage, for example by flood, fire, storm and subsidence.
The standards formulated by local councils to control the quality of buildings.
Hello world! I'm the modal body
By submitting this form you acknowledge that you have read and accept our
Would you like RAMS and its franchisees to keep you informed about products and services including via email?
Please call 13 RAMS that’s 13 7267 and a RAMS Mobile Home Loan Specialist will give you a call and come out to discuss your home loan needs with you.
If you’d like we can call you back. Just click on the ‘Have us Call You’ button, enter your number and we’ll be in touch soon.
Alternatively, you can try submitting a different region or postcode.
Enter your full phone number below and a RAMS Consultant will call you back at the time of your choice.
Australian Eastern Standard Time