Your Mortgage Application May Trigger Competing Offers
If you are in the market to buy a house you may start getting contacted by everyone and their uncle
If you are in the market to buy a house you may start getting contacted by everyone and their uncle
If you're a homeowner, chances are that you've been deluged with offers from finance companies to lend you money based on the equity you have invested in your home. A home equity loan is a loan extended to you that is secured by your home.
Finding your dream home is usually the simplest part of the house buying process! Once you see somewhere you want to put in an offer for, you’ll want to move fast. It helps, therefore, to have your mortgage sorted before you find somewhere you want to buy. You can choose a lender and mortgage, apply for the loan and get your mortgage ‘approved on principle’ before you even start looking for a house. This means that you know what your budget will be and can be fairly certai...
These days, as people scramble for new and more creative ways to finance buying a home, the interest only mortgage is becoming more common and well known.