I have recently received a software that will check home loan bank statements. You can easily procure this software by doing a google search on Loan Checker. Care, there are 2 versions of this software in Australia. Here is the link, http://www.theloanchecker.com.au.
I found this software to be very informative. It will check the trail of money going in and out of the loan account. I have since keyed in a set of mortgage statements and noticed that there are some discrepancies even within a short period of 6 months. However it is not big enough to seek a reimbursement from the bank. This has also been shown on A Current Affairs in Australia. My curiosity has gotten to me and thus the purchase of the software.
Now if I can find discrepancies within a 6 month period, the probability of finding a greater variance for a longer term loan will be more pronounced. I am willing to invest my time to test this theory out and I will be offering my readers a FREE service (free to the first 50) where by I will input all the figures on your bank statement into my software and will provide you with a report and perhaps a sample letter for you to send to your bank for reimbursement. If you are keen, please register on my website, www.myhomeloansbroker.com.au.
