Your home is your castle and surely one of the most important investments that you can make in a lifetime. With economic instability in the world today, your financial circumstances can take a devastating hit unexpectedly. During the recession that began in 2008, hundreds of thousands of Americans found themselves quickly in financial straits. The […]
How To Avoid Foreclosure On Your Home Read Post »
We can’t deny the fact that buying a home is probably the biggest purchase that someone can make in his lifetime as the amount involved is huge. Being able to choose the best mortgage loan which caters to your needs is among the most vital decisions in the process of homebuying. With the plethora of
Choosing the Best Mortgage From the Plethora of Options You Get Read Post »
Think you’re too old to take out a loan and buy property in a new neighbourhood? Think again. You see, individuals 55 years old and up have access to something called reverse mortgages. Also known as equity release mortgages, these loans allow you use your current property’s equity as collateral to get cash to not
The Importance Of Buying A Reverse Mortgage-Ready Home Read Post »
A re-mortgage, does not normally involve moving house or even taking a home equity loan on the house you currently reside in. A re-mortgage is when you have a mortgage out on a property and you decide to switch to a different product. This often involves changing the lender whom you currently hold your mortgage
When and Why Should you Re-Mortgage? Read Post »
Millennials, or Generation Y, are people born between the early 80s and the mid 90s. If you listen to the media, you might believe that Millennials are more interested in eating avocado toast than getting a mortgage and saving for their first home. In actual fact, 35% of American Millennials own their own home, according to a
Mortgages for Millennials Read Post »
Whether there is a wedding coming up, any renovation project, upgradation of your business or college tuition to be paid, you can secure a home equity line of credit (HELOC) which will be available with the lowest fees and rates. Introduction to Home Equity line of credit The equity in the home is defined as the
The Significance of Home Equity Line of Credit Read Post »
Getting a mortgage is much harder than it used to be. House prices are astronomically higher than they were 20 years ago, meaning you need a much larger deposit. Lenders are still reluctant to give out such large sums of money unless they can be absolutely certain they will be getting it back, so even
Your Five-Year Plan for Getting a Mortgage Read Post »
A mortgage is the biggest financial commitment a person is likely to have in their life. The amount of money paid over the lifetime for a mortgage is huge, as you would expect in buying a home, so it makes sense to look for ways to reduce the amount of money being spent on the
How to pay off your mortgage early Read Post »
Mortgage brokering just got more interesting with what’s being described as the world’s first digital mortgage broker called ‘Habito’ and Trussle potentially about to shake up the sector. Habito founded by Daniel Hegarty, pitches itself as the U.K.’s “first digital mortgage broker” — though Trussle another new high tech mortgage platform may disagree — and
Guide To Digital Mortgage Brokers Habito & Trussle Read Post »
Long-term mortgage has become increasingly popular because most people find it difficult to pay off their mortgage instalments. With a long-term mortgage, you can reduce your monthly payment and reduce pressure on your finances. As we all know, a mortgage is a secured loan where the purpose of the loan must be specified to the
Reasons Why You Should Apply for A Long-Term Mortgage Read Post »
