Who is the ideal Green Account borrower?
While almost anyone could benefit from the Green Account’s many advantages, it is ideally suited to those who are financially sophisticated, or who have uneven income or cash flows (such as investors, business owners, and those on commission), and for cash management purposes by investment property owners.
Related Questions
- If the borrower wants to waive the escrow account after the interest rate has been locked by the borrower, how can we show the escrow account waiver charge on the GFE?
- If a borrower already has an existing Commonwealth Bank account can they convert this account to a CALIA+ sub-account and retain the BSB and account number?
- Can a lender charge a borrower at closing a one time charge for setting up an account with a tax service to arrange for tax payments?